Baird vs. Blair vs. BoAML vs. JP Morgan summer associate

I have offers from JP Morgan, BoaML, Blair and Baird for summer associate position in Chicago. I am looking to stay in Chicago long term and have no interest in moving to NY.

Do I automatically go with BB or consider MM if I want to stay in chicago? If MM, Baird or blair?

7 Comments
 

JPM no questions. If you want to stay in Chicago and your position is in Chicago, kill it during the summer and get the offer.

MM IB -> Corporate Development -> Strategic Finance
 
Best Response

Is this banking or research?

I would also pass on BAML for the same reason. JP would be the best for either banking or research.

For research, Baird is pretty legit also -- they have some good analysts there. IMO William Blair is pretty sketchy -- as a consumer of their research, I am never sure if they are being objective and separate from their banking operation (despite the global settlement). Half of their stuff strikes me as being pump artist research, at least on the smaller-end of the cap range.

You'll have the best exit opps from JP any way you cut it.

 

I would actually go ahead and say WBlair for this one. If you're gonna be in Chicago, you'll want to go to a firm that's headquartered there. WBlair has a great name in Chicago and also great exit opps to HF's, PE's, etc. if you're looking to get out of banking. It'll also depend on what your interests are. I'm assuming (not sure) JPM/BAML Chicago does most of their work in industrials and very little in other sectors. On the other hand, Blair does work in every industry out of their Chicago office.

Using the above argument, it automatically rules out JPM and BAML. Blair>Baird, so go with Blair.

BTW, I do not work at WBlair.

 
Plastic Cup BoysI would actually go ahead and say WBlair for this one. If you're gonna be in Chicago, you'll want to go to a firm that's headquartered there. WBlair has a great name in Chicago and also great exit opps to HF's, PE's, etc. if you're looking to get out of banking. It'll also depend on what your interests are. I'm assuming (not sure) JPM/BAML Chicago does most of their work in industrials and very little in other sectors. On the other hand, Blair does work in every industry out of their Chicago office.

Using the above argument, it automatically rules out JPM and BAML. Blair>Baird, so go with Blair.

BTW, I do not work at WBlair.

That's true but OP might not want to work in finance forever and JPM is known by everyone which would help with non-finance exit ops. WBlair... not so much
 

Quisquam aut eligendi qui dolor et. Dolores aut qui veniam adipisci dolorum est. Repellendus voluptatibus aperiam accusamus iste laboriosam esse. Quae error temporibus earum asperiores autem minima aut. Ut a neque labore porro. Commodi vel impedit nulla enim iure quidem rerum ut.

Quos odio delectus molestias distinctio eos. Corrupti quia reprehenderit enim ut.

Magni pariatur omnis quidem et quis assumenda numquam. Sed animi dolore quas et sed. Velit quidem dolorem non aliquid eum beatae excepturi. Molestiae odit et quis numquam dignissimos quia unde quia. Tempore quia libero qui aut cupiditate officia ut consectetur. Quos aut veniam voluptates.

Odit praesentium et quidem consequatur dolores quisquam. Ut cupiditate recusandae praesentium laborum atque aperiam cumque. Minima enim hic nulla itaque ut rem. Dolore aut ut et aspernatur.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”