Is Cowen TMT a strong group?
I see a decent amount of people from Cowen TMT lateraling to GS / MS TMT and Qatalyst. Does that mean that the Cowen TMT is very strong group?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Following
Yeah they’ve been crushing it
Very strong, especially in semicon. I do know that the lateraling comes from the lead TMT guys wanting to push out 99% of analysts into buyside or other bank roles instead of being associates. They've had extremely strong exits into battery/norwest/summit etc but are also notorious for making sure most analysts get other experience outside of the firm whether it's another bank or the buyside. For those who exited to GS/Q, they actually were backed by the senior folks given most of them made the move when it was around promotion time. And those who wished to move to the buyside had the full backing of the senior folks including calls and references.
Why do the senior guys do this?
i think they do this so the group gets more prestige and can get better analysts?
Do you know if they were to stay, how much is the comp at associate level?
175 Y0/1, 225 Y2, 250 Y3. In line with most increases across larger firms. VP is 275 across the board
Aliquam vel eveniet veritatis fuga id quo doloribus. Omnis vel animi sunt. Nihil accusantium modi necessitatibus rerum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...