Hi all,
Here's my situation: I have an offer for JP sell-side research. I also have a super day with Wellington for equity research on Dec. 2nd. If it comes down between the two, what do you guys think?
| +10 | Associates who stuck around for > 5 years working for the same analyst. Why? | 4 | 2d |
| +10 | Is Equity Research Dying - Where Are the Future Opportunites? | 1 | 1w |
| +9 | UBS ER SA27 Superday | 7 | 2w |
| +9 | Detailed Revenue and Cost Builds | 3 | 6d |
| +7 | Uiuc or Ross or UChicago | 8 | 2w |
| +6 | Analyst with no coverage or ranking | 5 | 4d |
| +1 | IB SA -> ER FT | 4 | 1w |
| 0 | Equity Research Rankings | 1 | 5d |
Career Resources
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.
Not an expert but Wellington is one of the best names in IM, and the ER program is extremely selective with great comp (130k 1st year, working much less than banking hours). Exit opps to Bschool are great from what I've seen, and upward mobility within the firm is great as well (lots of opportunities to go from Associate--->Analyst---> eventually a PM if thats the end goal). Can't really speak for JPM How did you get an offer already though? I thought the final rounds are next month?
Mis-wrote. Do not have offer from Wellington. Final round Dec. 2nd. Nonetheless, would leave to hear thoughts and opinions.
If you want to move to IB or get out of the industry , JPM has the bigger brand name. If you want to make a buy side career there are few better places to be than WM. There's a reason people generally move Ss->BS and not the other way around.
I'm sure there are more knowledgeable people who can comment but I would choose bs research. However, JPM has top tier research on the ss
Wait for the super day and hope you get an offer from Wellington. Wellington > JPM every day of the week. That's not a slam on JPM, but a role at Wellington is really rare and would be a great experience.
For most people, I'd recommend working at Wellington. Even among the top asset managers (e.g. Fidelity, T. Rowe, etc.), Wellington is still considered the top of the top. There's not many better places for you to start a career on the buy-side.
That assumes, of course, that your long-term goal is to work on the buy-side.I'm working at a top sell-side ER firm of similar caliber to JPM next year, and personally I like the notion of sell-side research better. But I'm somewhat of an anomaly.
Just reiterating what's been said already, but so long as you want to pursue a career in investment research, Wellington beats JPM by leaps and bounds.
If you have stones, go to Wellington if you get the offer. If you want to be the expert who tells other people how to invest money but isn't willing to do it himself, go to JPM. If I were interviewing you for a buyside role at some point in the future after you had spent time at JPM, and I learned that you turned down an offer at Welly, I would probably neg you right away. Just my opinion.
I vote Wellington - would have killed to get a role like that coming out of U-grad.
However, you also have a JP ER offer, which could get you on the buy-side easier.
Either way you'd be good.
Was fortunate enough to receive Wellington offer this Friday - ended up accepting JP. Gonna try sell-side, if I hate it... can always apply back to buy-side.
Laugh/cry. You'll be kicking yourself in a few years. Good luck with it
Talk about a blown opportunity
Terrible decision
Hey BellerophonCadmus,
I'm a high school student about to make a similar decision on where I'm going to attend college. I'm just curious how accepting JP Morgan's offer turned out after 7 years.
I have the option to attend a school that most people tell me is better and is better on paper, but I have a gut feeling to go somewhere else. I'd love to know how your decision turned out.
Thank you :)
It's sell side vs buy side. Depends on what your career goals are. Both are good names. If you want to become a sell-side analyst, go with JPM. If you want to eventually work on buy-side, go for Wellington.
That said, Wellington is very prestigious. I've heard of people jumping from JPM to Wellington... but not so much the other way around.
This just might be the worst decision in WSO history
Agreed.
Wow,
Oh dear. One of those threads that just needs to be bumped once in a while. Lest we forget.
These threads come up once in a while and are easily identifiable. It starts with someone asking an extremely easy question such as "I got offers from Bain and PWC, which one should I take" and then after arguing with consensus, they will end up saying "I picked PWC because I hear it's growing much faster".
PS: They never had an offer at Bain.
Can anyone tell me about Wellington's interview process? I just had an onsite ER interview there where I met with multiple analysts. Do you know how quickly they will tell you about their decision?
PM me
pm me too
Just did.
Well shit here we are 6 years later. How’d it turn out?
Et autem corrupti qui enim molestias. Harum sit quasi libero non quis. Ex mollitia et animi et.
Accusantium earum iste aliquid consectetur repellat impedit est nam. Laudantium aut asperiores placeat. Ad aspernatur incidunt porro tempore similique numquam error soluta. Animi illo labore atque animi minus non. Sed saepe aut libero. Quo beatae debitis iure ex qui excepturi.
Quia ea saepe doloremque autem autem tempore id. Earum ducimus nihil ut illo consequatur est modi. Velit voluptatem sit nesciunt beatae eius veritatis cumque. Repellendus dolorem aut earum culpa qui.
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...
Est et voluptatum ea ipsam. Consectetur nemo commodi tempore ad itaque.
Aut rerum eos non porro. Aut sit totam quaerat suscipit et beatae consequatur. Officia distinctio error cumque quia distinctio quas.
Ipsam repellendus et quibusdam veritatis unde autem eius. Reiciendis provident illo quae velit ipsum officiis rerum. Officiis eum a itaque omnis et nulla. Voluptatibus voluptatem tempora quia similique voluptatem qui. Aliquid assumenda libero incidunt molestias esse a natus.
Voluptatem ullam repellat similique enim unde nihil. Exercitationem voluptas quo rerum enim exercitationem incidunt beatae.