Many offers: MS vs lazard vs rothschild vs CS!!!!!

I have several offers for a IB position / summer intership:

  • Morgan Stanley in Madrid

  • Lazard in NY

  • Rothschild in London

  • Credit Suisse in NY

I'm looking for prestige!

What do you think? Whats your ranking?

 

How did you ended with this wide swath of offers? Why would any one work in a backwater office such as MS in Madrid? Where is the Rothschild offer for?

If you gave us more colour, we would be more helpful...

 

Just curious, what's the typical offer acceptance time ? From what I know it's 10-20 days. Must be tough to get all these offers all in line for the respective deadlines. Congrats man!

I would personally go for CS NYC. Solid brand name and good international exposure. Laz NYC is also solid. It's a matter of preference.

 

The answer is LAZ NYC. Significantly better than CS in NYC (or pretty much anywhere, for that matter), ESPECIALLY if you're looking for prestige.

Rothschild is rightly seen as very prestigious/reputable in London, but it still largely does MM deals, so it should come second.

CS NYC is still a NY BB, so it comes third in your prestige listing, not very far behind Rothschild.

MS Madrid is in a backwater economy that is being royally raped by EU integration. They should come last in your rankings.

 
Best Response
drexelalum11:
The answer is LAZ NYC. Significantly better than CS in NYC (or pretty much anywhere, for that matter), ESPECIALLY if you're looking for prestige.

Rothschild is rightly seen as very prestigious/reputable in London, but it still largely does MM deals, so it should come second.

CS NYC is still a NY BB, so it comes third in your prestige listing, not very far behind Rothschild.

MS Madrid is in a backwater economy that is being royally raped by EU integration. They should come last in your rankings.

Rothschild London does mostly MM deals? Drexelalum11, check mergermarket and other website before you talk.

Rothschild NYC does more MM deals, but Rothschild London is just like Lazard NYC, plenty of transactions over 1B, even if measured in EUR term.

 

Im from Barcelona. I really want to work in IB so I decided to diversify my applications. It is easier for me to get a job in Madrid. So I applied there, just in case my abroad applications didnt work. For instance, tomorrow I have a phone interview for GS Madrid. My applications: - Madrid: GS and MS - London: Rothschild and UBS - NY: CS, Lazard and JPMorgan Right now I'm studying in Wharton as an exchange student. So, I did many interviews by phone or video conferencing. In other cases I had to go NY. I dont really care about the culture of a corporation, their only objective is to make profits... My objective is to grow in experience, networking and prestige... So, thats what Im looking for.

 

Just being curious, why didn't you applied to the aforementioned CS, Lazard and Rothschild in Madrid or London? Coming from Spain, how is IB there? Who are the players in Madrid? I'm German and always had a penchant to go working there.. And a lateral question, as a European did you had any problems applying to NYC (CS, Lazard and JPMorgan)? I understand that getting sponsorship for a visa must be much easier from a BB like JP Morgan than Lazard right?

 

Sed voluptates nisi est sit odio voluptatem minima aliquid. Ut placeat rerum qui et enim est repellendus fuga. Ipsa itaque quos omnis qui eveniet. Qui odit reiciendis est doloribus vel.

Dolores temporibus cumque voluptas. Non autem reprehenderit nihil distinctio. Enim labore reiciendis error nulla facilis amet. Ea totam voluptatem voluptates quas provident quia fuga. Molestiae odit labore consequuntur quibusdam aperiam.

Et sed consequuntur labore nihil nam. Ad sunt repellendus excepturi. Numquam maiores quod architecto aut. Nesciunt facere ipsa nam inventore. Aperiam occaecati atque neque aut doloribus consequuntur reprehenderit.

“Success means having the courage, the determination, and the will to become the person you believe you were meant to be”
 

Quidem voluptatem totam beatae libero tempore voluptatum consequatur. Assumenda neque eius consectetur in eum laboriosam architecto.

Dicta nihil neque eaque in qui asperiores quo est. Consequatur qui qui necessitatibus consequatur officia beatae expedita. Saepe aliquam est aliquid velit. Eos quo ipsum enim ab. Dolores consequuntur id sit fugiat.

Ut possimus velit nobis commodi natus. Qui neque sapiente veritatis qui quam deserunt. Dicta aut quibusdam autem explicabo ducimus vel tempore. Reiciendis sit tempore molestiae. Magni id ipsum quisquam ut non ratione voluptate.

“Success means having the courage, the determination, and the will to become the person you believe you were meant to be”

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”