DB/UBS SA FT Choices
Question: On top of the rest of the BBs and EBs, what are some other banks you'd consider taking offers from over DB/UBS?
For context, I'm currently a junior SA working with one of DB/UBS and considering moving to another bank for FT. I attend a target school with a 3.8+ GPA. This may sound like a cliche, but as of right now my goal is IB (NYC) --> PE --> business school.
Apologies if this sounds like another dick measuring contest, but, given the pandemic and the potentially decreasing headcount many people have been talking about, I've been quite stressed and do feel that I have to take prestige & exit opps into consideration to lay the "best" foundation for my career. Pay would be placed some weight on as well, although certainly secondary to the aforementioned metrics.
Thanks for any input!
BX or bust
also interested
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Jefferies, Guggenheim
RBC (for the culture)
Thanks for the response. Agree on Jefferies and Gugg but wasn't entirely sure about RBC as I've heard the exits have been somewhat lackluster. Would you (or someone else) mind shedding more light on RBC in comparison to DB/UBS?
I believe theres already a thread out there on RBC vs DB, not sure about UBS
also interested on where rothschild stands here. what is the US reputation like?
Would fully agree with Guggenheim and especially Jefferies but probably not RBC imo
Also interested, in a similar position myself. In a more typical year, how difficult is it to make the jump from a place like UBS/DB to a BB/EB? This year is obviously going to be different, but does anyone have any guesses about what FT recruiting might look like this year?
Would take a look at some of the hot new boutiques...currently trying to switch to one for associate (m klein, liontree, dbo)
Thanks!
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There are a couple of groups within UBS/DB that place very strongly in terms of exit opportunities. For example, Leveraged Finance/Financial Sponsors, etc.
Like the person above, if you're in UBS GIG or DB LevFin, nowhere else.
If not, Jefferies is pretty much the only place that I'd even consider. DB/UBS are the worst BBs, but they're still BBs and because of that they're going to be better than most if not all other (non-BB/EB) banks. Just because they're the worst BBs doesn't mean they're bad banks, doesn't even mean they're average.
Thanks for the input! Would you say the chances of placing into an MF/UMM from UBS/DB is higher than from non-Jefferies MM banks? It's just there's barely anyone who successfully did that in recent years from UBS/DB and, as mentioned by someone on WSO, many of those people received abnormally strong support from the MDs.
UBS levfin > UBS GIG
DB sponsors > DB levfin
UBS GIG is the best group at the bank. They generate the most revenue per head/overall.
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I think Jefferies / WB / Baird maybe? and othe rgenerally regarding upper MM banks would be on par with UBS / DB (in general, ther emay be select groups that absolutely kill but of course you'd need to palce in those groups) for MM to LMM PE.
A quick linkedin search will show you that a majority of analysts form all these groups place into MM / LMM PE. It's far and few in between for MF but that's just the nature of the game as well of course
Thanks for the input! For clarification, was the comment referring to these firms' NYC offices? Seems that Jefferies is a solid choice for sure, but I'm a bit less certain about WB and especially Baird. Baird rarely gets any attention from my target and is a firm I only got to hear about on WSO, which, of course, does not mean it's not as good. Obviously you would know more than me so any further insight would be awesome.
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