BB IB vs Large AM ER

Hi everyone,

I'm currently a senior in college deciding between two options: BB IB and large AM ER. My goal is to transition in 2-4 years into either PE, HF, or strategic roles in corporates.

IB obviously offers better pay, but I’m considering ER because of better working hours, its rarity and niche appeal. From a long-term perspective, which option would provide better career opportunities?

Additionally, for AM, what is the minimum AUM for the fund (or AUM per analyst/PM) that would offer strong exit opportunities? For context, the fund I’d be working on is an active fund.

Would really appreciate your thoughts.

3 Comments
 

If you're not sure yet what you want to do in a few years then pick BB for optionality.

But for the AM offer, what are we talking? Cause if its a Fidelity / Wellington / D&C / Harris type offer and you want to do public investing longer-term, then I'd pick AM instead to get right into it.

 

The AM offer I have is from a BLK/Vanguard-type firm, but it’s for a research role in their active fund. This makes me a bit unsure about the option as well.

 

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