Okay once and for all, I need to know how it is to accept an offer from Credit Suisse (London), simply when I have no other choice, in banking at least. I'm essentially my class's joke for receiving this offer. The bank is suffering, no denial, but I feel like people just overexeggerate it for the lolz.
What are your thoughts?
| +169 | Why do JEF bankers always think they’re EB? | 53 | 4d |
| +92 | Do people still want to go PE? | 28 | 6h |
| +60 | Bloomberg - New UBS Investment Bankers See Smaller Pay Gain on Promotion | 12 | 2d |
| +46 | Think I'm fucking up my analyst years | 16 | 2d |
| +30 | Lazard hirevue | 10 | 6h |
| +29 | What Differentiates the Best Analysts as AI Improves? | 7 | 3h |
| +27 | Big 4 M&A vs. Lincoln Portfolio Valuations | 6 | 4d |
| +26 | Ambitious CC Student trying to break into IB | 13 | 2d |
| +22 | Not doing well mentally, how are others doing? | 7 | 4d |
| +18 | Cornell Club T10 Rankings (UPDATED 10/2026) | 14 | 2h |
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.
One in the hand is worth two in the bush.
I've made a lot of decisions in life that I wasn't sure about, but overall pretty happy about where I am despite those moments of doubt and less-than-ideal options. So, IMO, I think that as long as you're taking steps generally in the right direction (like taking the CS offer) you'll be fine.
I think the worst thing that could happen is the MD at your office goes crazy because CS folds entirely and kills all of the analysts and then himself.
Best thing is CS makes some great comeback and you're now a rockstar.
Reality will probably be in the middle, you might piddle along for a year or two and be able to lateral to a different bank, or you work there for 5 or 6 months and get laid off and have to re-recruit, but generally it's easier to find a job once you have some real work experience.
So if you don't have any other IB offers, and you want to do IB, I would just take it and make the most out of it. Sometimes you have to go through the crucible, and you come out on the other side stronger for it.
sign it and keep recruiting to hedge against risk of your offer being pulled
If you’ve got no other offers, I definitely recommend taking it. Break into IB and lateral else where at a more suitable time.
I don't understand what the debate is - CS vs unemployment? Doesn't seem to be something you have to think too hard on
Nah cuz apparently working for CS is literally worse than death.
OP: might as well commit seppeku than dishonor your family, class mates, and WSO community by accepting an “IB” offer at CS
Lmao exactly. The thing is, if I could land something at CS I could do well in other banks, so committing myself now just might be suboptimal at best. Regardless, I'll take their offer.
.
how are they still hiring ppl when theyre cutting like half the front office at london???
Cheaper labour and new potential high achievers perhaps?
Perferendis ad dolore perferendis quis deleniti dolor. Rerum commodi omnis hic. Accusamus et nam dolorem dolorum sint. Qui rerum autem eum aliquid iste. Aut recusandae cupiditate aut est omnis rem aut nihil. Non necessitatibus praesentium qui dolor voluptatum voluptatibus voluptatum vero. Aspernatur tenetur quis sit consequuntur eligendi.
Et accusantium temporibus magni tempore eveniet voluptatum ullam. Ea voluptatem accusamus ea quaerat quo et.
Iure debitis aut est. Non voluptatem sequi possimus accusantium quis maiores. Ut sed et suscipit quia in. Placeat tempora quis unde rem eveniet praesentium. Omnis at repellat vel voluptates ipsum magnam sit.
Dolorum dolore architecto vel dolorem iusto adipisci reiciendis. Accusantium nesciunt dolore sed sunt non perspiciatis. Et nulla aperiam dolorem magni. Quia in laboriosam impedit. Eos ab minima amet inventore deserunt optio quam doloribus. Non libero possimus dolor sint natus earum.
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...