BB vs EB a comparison between US and Europe

A no-brainer IMO!

Take JPM and don't look back. Yes, Evercore is a solid shop but JPM is just ahead of it. I'm at a US BB and we never see them on a bake-off tbh. Not hating at all on Evercore (good friend is there and loves it) but buy-side recruiting and also brand outside of finance is just better at JP. Ever is still a bit more mid-market, so go for that if you like it (subjective!!!!). JP conversion rate is ridiculously high as well. They have the largest analyst class.

Lots of great teams at JP like DI (toooooooons of Germans like you I assume?), T, M&T, etc. that have a history of placing insanely really well.

If u wanna have a bit more granularity happy to shoot you a DM :)

Enjoy easter!

Bump

I would say for a near term exit, JPM. For a long stay, depends on team but probably evercore based on hours and pay. Bear in mind that anyways, you’ll easily be able to go from one shop to the other as lateral. 
 

Another think to bear in mind is that people will know JPM everywhere, not the case for Evercore. I work at another US EBs and none of my friends (that are not in IB) know much more about my firm than its name (actually few of my non finance friends even know the name). So if you plan on entrepreneurship or corporates, JPM probably best. 

Take JPM if you want to jump to PE - larger network and a history of people going to megafunds. Though note I've heard stories about how their analysts can't model e.g. a girl at an interview didn't know how to use SUMIFS and just selected all the cells she wanted to sum up manually. 

Take Evercore London if you want to learn a lot + be thrown into the deep end. People are also pretty cool (at least those I know). You get to work on some cool deals as well. 

Think Evercore Frankfurt works people hard. One of their analysts left for Arma and the other left for JPM London. 

Given that it is just an off-cycle, would recommend you do it at Evercore to learn -> go to a US BB for a summer (and crush everyone there)

It depends, while in the US EB have a very strong position, in Europe, generally, the only EB that are often taken over BB are Lazard and Rothschild (which are probably as strong as GS/MS/JPM)

Therefore, if in the US indifferent between Evercore / JPM; if in Europe take JPM

nonameno may I pm you ? 

EBs definitely do not have better hours than BBs, EB hours are far worse due to the focus on M&A and less politics surrounding work life balance e.g. BBs now have to implement work life balance measures like protected weekends but EBs don't have this.

Thank you all.

I talked to both teams again and ran your ideas through my head. In the end, I finally decided to go with Evercore in FFM for the following reasons.

1) The internship is off cycle (Q3/Q4 21)and I am still in university for 2 years. So I can still do SA at a BB next year and go on conversion.

2) The team in FFM is small and you often work with different offices (Asia, US and Europe) and also as an intern you have to deal with all locations - I think that is super interesting.

3) Most important to me is the analyst to intern ratio (1:1). Since every analyst gets his own intern, you work very intensively on a deal. I have heard from friends at other banks that they often worked on +10 deals in 10 weeks. In FFM, on the other hand, I will spend over 90% of my time on about 2-3 deals and get more responsibility than in other internships.

In summary, I see the internship primarily as an opportunity to gain experience. I can still do SA next year and therefore the brand name is not the most important thing. Furthermore, I think that an INternship at both Evercore and JPM will get me into the 1st round at most banks.