BB SF or MM NY

I have a decision between BB in SF or MM in NY for my internship, both for the same industry coverage group. However, I don't see myself in SF for the long term, and NY is most likely my end goal. Would it be better to go to SF for the summer to have a BB on my resume and get the experience, or head to NY? If anyone has some thoughts or opinions, that would be great.

27 Comments
 

Assuming BB is Citi/DB/UBS for the SF group based on the timeline.

I think BB brand is probably well worth being in SF, especially if it's Citi. Being in NY can be helpful since some people might do in person coffee chats during your summer, but being at a BB is probably more valuable for FT recruiting.

I doubt the FT market will be that busy next year, but spots will naturally open up and if you're diligent about it and fortunate, the SF BB is better.  

 

If you could potentially get a return offer and want to be in NYC, then maybe it would be better to choose the NYC internship? If you go to SF, get a return offer, but they dont let you switch to the NYC office, then you'd be stuck in SF until you either lateral to a different job in NYC, or they eventually let you transfer over there. 

 

What if it’s the same scenario but for full time. End goal is NY Buyside. Same industry group except instead of BB, it’s gugg/jef/ghl. Would it be better to choice ny mm or better brand in sf

 

I think you'll be fine with NYC buyside recruiting either way. I am currently in SF and get emails from headhunters all the time for NYC roles. I personally like living in the Bay Area but its not for everyone. If NYC is where you want to be and you have the opportunity to be there, then I'd take advantage of that, especially if the comp is the same for both your offers. thats just my opinion tho. 

 

Based on the offer timeline, pretty sure you are talking about Citi SF tech. I would 100% go there. 

recent Citi SF exits: Silver Lake, Thoma Bravo, Carlyle, Permira, Elliot Management (Evergreen), Hg Capital, GI Partners, Charlesbank, H.I.G., Marlin Equity, and Vector Capital. If you're interested in growth equity, they've also placed analysts into some of the best GE shops, including TA Associates, Summit, JMI Equity, Softbank, and Spectrum Equity

 

Is it doomed to be at a ubs/db/jef/gugg westcoast and being nontarget? Should I lateral to top group NY and do a 3rd year in banking 

 

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