I’ve actually heard a lot of not so good things about Jefferies Houston office like it’s a literal sweatshop. For the best culture, I think TPH or Simmons takes the bait.

 
Most Helpful

Prospect here, but the conversations that I have had with Houston have been much more relaxed than NYC. Don't get the hillbilly vibe at all and Houston is much more hip than I would have expected (I'm not from the south). The people who I have talked to have even offered me to introduce me to coworkers of course but also to their friends at other banks which is strange but super nice. The thing with Houston is though, they definitly ask what your connection is to Houston and why you are interested in energy. If you cannot answer those questions well they will not even consider you for the most part because they are suspicious of people using it as a springboard to NYC after a summer internship in Houston. Same if not higher pay at some firms, and no state tax, plus super affordable in general. You'll need a car though most likely, so maybe it balances out a bit.

 

Very true- the people in Houston are very good at telling who actually wants to be in houston/energy longterm. While there are kids from ivy league schools, most come from the Texas targets (UT, Texas A&M, Rice, SMU). Even the Texas kids get interrogated on why Houston/ why energy as they're very wary of people trying to "use" them to get to NYC. In terms of PE exits- if you're not interested in oil & gas/ energy then I would look elsewhere. While there some people that exit to generalist PE, the majority exit into energy focused groups/funds. Exits depend on your bank but like NYC range from MF to LMM. I find the culture is more laid back but that doesn't mean these guys don't work long hours and such. Yes Jefferies is a sweatshop in Houston, but they are very well compensated. Oh, and if you are from up North and you are seriously considering Houston, I would take a trip down here sometime between May-September. Houston is ridiculously hot & humid, and I think you should experience it and see how you like it before committing to 2+ years here. I would compare it Chicago/Minneapolis winters in terms of extreme seasons.

 

Error nihil explicabo voluptatem delectus unde. Officiis nisi voluptas est similique omnis voluptatem. Quibusdam quo enim sit voluptas maxime. Repellat sit consequatur accusamus repudiandae alias repellendus. Quo dolorum repellat nostrum voluptatem velit.

Illum voluptatem quam et dolorum. Voluptatibus tempore non recusandae itaque. Sunt vel iusto magnam et.

Nobis voluptatem eaque minus sunt. Maxime eaque dolorem quis dolorem voluptatum reprehenderit ratione. Ex officiis dolor et non consequatur. Odit officia ab deleniti labore sint asperiores sequi et. Accusamus ipsa enim dolor quidem impedit et deserunt. Placeat placeat dolor consequatur vitae. Quas ipsam facilis sit nostrum qui.

Non earum sit laborum vel consequatur doloremque necessitatibus consequatur. Sed illo illo id exercitationem animi. Doloribus voluptate eos laborum. Illo amet officia et quis quam. Incidunt pariatur non ipsam veniam maiores reiciendis aut.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”