BofA Chicago vs. Lincoln Chicago - SA'23

I currently have an offer to work at Lincoln Int'l in Chicago and BofA Chicago for SA2023. I am trying to figure out which opportunity would be better in terms of

  • Pay (total comp)

  • Exit Opps

  • Responsibilities/Deal Flow/Career Growth

  • Culture

Could anyone help shed some light on the decision for MM vs. BB in this case and how I should go about comparing the two roles?

 

I really hope you are joking, but incase you are not, and just delusional for even asking such a stupid question, please take BofA.

 

I've heard BofA Chicago isn't the best (source: family that worked there and friends)I've actually interviewed and been to Lincoln's office, I liked what I saw and had a great experience. They told us analysts will always get promoted 3rd year and that once you make the jump from An to As you can go on a 6 month venture to a different office such as London or somewhere in Asia which I find is really cool and nice that they give you such options.They also pay good ( I think base is 110k)

 

Exits from BofA will be miles better than Lincoln which is mostly lmm and some mm. And if you want to move to to the mm after a year at BofA, it will be easy to jump to what ever mm shop you want.

 

Would bet most the people saying to take BofA Chicago have never actually met the BofA Chicago team or know much about them. Lots of pitching, not great culture, don’t source deals themselves. Known three analysts out of that office, 2 lateraled to baml NYC (you could do that from Lincoln as well), the other is at a lmm pe fund (can also do that from Lincoln). You will get paid more, have significantly higher m&a execution reps, actually close deals, and probably enjoy your time more at Lincoln Chicago than BofA Chicago. But don’t listen to me or anyone else on this thread, go and actually talk to current and former employees from both offices, to the extent you can. 

 

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