For those of you that want to go the IB --> PE/VC route, what level of IB would you downgrade to before BB S&T becomes the better option?
Lower BB DCM? MM IB? LMM IB? no name boutiques?
| +368 | Don’t work at UBS - UBS Sucks | 36 | 31m |
| +326 | Article - UBS’ Investment Bank Keeps Losing Ground | 41 | 17h |
| +121 | Should My Intern Get a Return Offer? | 44 | 4h |
| +60 | When to Leave Office as Intern | 8 | 3d |
| +54 | Best IB Group Overall? | 32 | 17m |
| +39 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 2 | 3d |
| +33 | What do you say to ppl who don’t know EVR/LAZ/CVP/PJT | 28 | 1d |
| +33 | F*ck it I'm Going to Med School | 15 | 2h |
| +31 | STEM student lost in London IB recruiting | 17 | 2d |
| +26 | [HELP REQUESTED]: Take A2A Promo or Go Corp Dev | 9 | 3h |
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.
also have a stronger alumni network for BB S&T
I'm at a top elite boutique in M&A and would trade for a BB S&T role any day of the week.. I didn't get a single S&T interview. Trading seems much more engaging than churning out CIMs and reiterating models for the 100th time 4AM on a Sunday.
Do you think it would be wise for me to try and apply for S&T roles after a year of IB experience? I feel like long-term although it might not be safer since id have the opp to lateral into corp dev / business strategy role / pe / vc.. but I'd have a higher chance of generating a lot more money?
Some guy on the forum in a BB S&T said he makes 15% of money that he generates for his bank. 15% of 5 mil = 750k as his second year salary...
Second year analyst? No way. Around 150-170k all in, comparable to IB. If you're talking VP+ I could see it, but you'd managing a big book to have 5m in fees.
bump
S&T can leverage risk management, which applies to more than trades. The critical thinking is what the banks value and that will take you a long way prided you can adapt to new scenarios.
Totam enim est corrupti molestias quasi et quibusdam. Architecto aliquid placeat officia voluptas nihil.
Veritatis voluptatem asperiores sed molestiae nihil. Voluptatem et officia quis voluptate ut doloremque saepe ut. Velit odio saepe deserunt in suscipit qui.
Aut nisi consectetur autem vel consequatur. Odio nihil qui qui eius illo sit. Quia ut saepe architecto ipsum eveniet dolorum sunt id.
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...