Am an incoming summer analyst at BMO and wanted to see if anyone could provide any insight into the groups in the New York office specifically. Searched the forums and couldn't find any recent/relevant topics. Mainly interested in exits, culture, pay (if any differences). Thanks!
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All I know is metals and mining is a sweatshop.
A lot of BMO groups are ridiculously sweaty.
Yep. BMO Mining is as sweaty as they get. Top group though, so would consider trying to get in there if you're able to handle the abuse
Avoid bmo bro
are you at BMO?
bump
I’m an incoming SA 2021 @ BMO Chicago and am wondering the same thing. Have heard Industrials, FC&R, and Levfin are the way to go but would love to here other thoughts.
bump
industrials, healthcare, and lev fin
Tbh I interned at bmo and I wouldn't go for the "best groups," i'd go for the groups that historically give everyone an offer. Def look at the diversity or lack of in some groups, especially if you're a "diverse" candidate. Some groups are racist and don't give male "diversity" candidates return offers even if they are qualified. Can't speak much on culture since half the firm has left in the past 6 months but its not great. Metals & Mining is the firms best group but it's in canada. There are no MF PE exits. It's all 85k, even ecm/dcm.
bump - how is tech & services group?
Co-head recently left to KeyBanc. It depends on what you prefer (coverage vs product), you won’t be touching any of the models nor work on technical stuff in TBS. Besides pitches, it’s updating marketing materials, profiles and comp sets.
Avoid - recently left with nothing lined up and now two offers! One NY, one LDN! If it is your last resort.... why not
Appreciate the response. Would you be able to provide some more color on why to avoid/why left? Currently interviewing for the NYC office
bump
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