BNP vs Raymond James London SA 2024

Have received offers from BNP Paribas and Raymond James for a summer internship in their London offices, IBD division.

I'm trying to decide which offer to accept, and would appreciate any advice. For context, my main sector of interest is Tech (specifically FinTech / software), and in the longer term I'd like to pursue a role in VC / Growth Equity. Trying to understand which of the options will give me better exit ops in that space (I'm aware that I'll most likely have to lateral to a larger BB / EB first).

From my current perspective, BNP has a bigger brand name and are more likely to work on larger deals, while RJ have a particularly strong FinTech / Tech & Services offering, have been growing a lot in London, and offer really good renumeration (I'm hearing £75k base for AN1). Thanks in advance for any insights.

10 Comments
 

Haha I just got RJ offer as well and in similar dilemma choosing between them and RBC. What I'm currently thinking is RJ base is significantly higher than RBCs from what I'm hearing (60k vs 75k) so if exits are similar not sure if that warrants taking RBC. Also considering culture, personally liked the people I met at RJ.

May I ask when did you do RBC AC? Was it for IBD?

also congrats on both offers!

 

RBC is very team dependant. Some teams have no deal flow, others such as infra and metals & mining have good deal flow. 

 

Dolor amet libero voluptate dolores ut in. Quia officiis odio fuga rerum. Consequatur architecto dolorum est amet ipsam aut. Fugit cumque tempore libero nam perspiciatis quia nesciunt.

Quia error et tempore consequatur eveniet qui dignissimos. Dolorem inventore voluptatem inventore vel.

Reprehenderit nisi ut culpa mollitia. Autem est officiis nihil dignissimos ullam rerum. Similique veniam ratione deleniti exercitationem. Sed natus aut veniam repudiandae ipsa ut blanditiis. Sunt harum perspiciatis quos optio quae sed.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”