Citigroup vs JPMorg vs Merrill; Summer Internship
I'm deciding between summer offers: Citigroup, JPMorgan, Merrill Lynch... all IB, all NYC.
Any advice would be very much appreciated, including which factors to take into consideration as well as specific knowledge about each. Thanks.
Take all 3 offers and work 168hrs a week
I'd think that the bull would destroy the umbrella and an octagon.
i am clearly biased, but... i havent heard any peep from ML in many months. I would avoid Citi just cause its turbulent times now and that isn't ever a pleasant mood. JPM is preettty solid but so is ML. it also depends on the groups you want/can place into.
JPM or ML would be my recommendation. Citi is a good bank but it's general perception tends to be that of a commercial bank (more so than JPM apparently), thus diluting its brand equity.
Citi has always been a subject of much discussion on this forum. Undoubtedly, it is top 5 in most thomson financial league tables (in terms of deal volume), yet, people don't rank it as such in terms of their personal liking/preference. Apparently, pure play IBs go down better with most people vs. commercial IBs (e.g. Citi, JPM, BofA). Guess pure play just have a nicer ring to it (GS, MS, ML, LEH)
Any specifics about groups? I seem to have heard JPM SLF, M&A... Citi M&A, Sponsors...ML Healthcare, M&A
I would go with ML M&A/Lev Fin/Healthcare
For JPM, I would not go for SLF. You specialise in product group and industry group, which is too specialised. For example, you could be a high yield bond analyst in the transport group.
I would say JPM M&A and maybe Sponsors
I would just stay away from Citi. The name is getting weaker day by day.
First of all, honestly, go where you like the people. Second, who gives a crap if Citi's name doesn't draw the same reaction as say Lehman or MorganStanley? Have you seen their balance sheet lately? They can not only advise on deals, they can also provide financing for them, and in fact participate in some of the largest deals out there... Just my $.02
end goal? if it's PE then it becomes group specific if it's MBA any of the three if it's to become promoted within, Citi if it's to have people think you're a teller go to Citi if it's to have people think you broker low income families go to Merrill
Say its PE or HF... and therefore group specific.. what would general gropu recommendations be? Primarily M&A or are other options just as good/better?
If you want PE I believe M&A and Sponsors would be the groups you should be looking at.
Any thoughts on Merrill Lynch Global Private Equity? I don't know if that's a possibility as a summer intern, but what are some opinions?
JP Morgan will be the best for your resume. http://www.internshipking.com/Citigroup-internship
JPM > Citi > BAML
you guys are kidding me right, this thread is 4 years old, what on earth did you search to dig it up
Haha. Hilarious. Back in 2007, ML would have been the choice 90% of the time.
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