16 Comments
 

Def DB. I think you're just better off with getting a BB on your resume off the bat and you can alway move into a boutique m&a shop for a third year.

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i would go to DB because you will likely be exposed to a wider variety of deals, given that DB will underwrite. HL is a great shop but you will only be exposed to advisory. At DB you will work on advisory as well as deals in the capital markets. I feel the broader exposure would be more helpful at a junior level

 

I might be the only one. But I would go with HLHZ M&A. In m&a, u are dealing a wider range of industries and you don't really need to worry about the capital market side. hlhz is still pretty reputable. Yes, you will not be going into mega funds or probably any funds over 10 bil if you go to hlhz m&a but I doubt you will have a much better chance with db healthcare.

Might be biased too since i prefer smaller shops

 

The M&A group at HL has serious deal flow and I can learn a lot my being close to the execution. DB, even though its a BB, I don't think joining a HC industry group is the best idea when you're starting as an analyst. I am interested in Tech in the long run and don't want to get cornered. HL is very well known and they are amongst the top MM shops and are slowing inching towards bigger and better deals.

 

The M&A group at HL has serious deal flow and I can learn a lot my being close to the execution. DB, even though its a BB, I don't think joining a HC industry group is the best idea when you're starting as an analyst. I am interested in Tech in the long run and don't want to get cornered. HL is very well known and they are amongst the top MM shops and are slowly inching towards bigger and better deals.

 
Best Response

SuitedWolf: from your posts on HL, sounds like you may have a place in mind (preference for HL) and wanted to see if others would back you up on it. HC doesn't have the same kind of 'damage' as RE or FIG groups in terms of being pigeonholed or limiting exit opps. Which is why majority of the board has voted for DB HC - that, and also it's a BB vs. HL's MM.

I think the board's more or less spoken on this... but you gotta just go with what you want. Either group will lead to PE or other opps. And even though someone said HL won't lead to funds over $10 bn, it doesn't mean it can't be done (just much harder). You'll have good opps available though (e.g., Onex has a guy from HL). But DB's name will lead to more interviews later on.

 

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