Hello,
I'm primarily interested in gunning for either the Energy Sector or the Technology Sector. I wanted to know whether or not either one presents a clear advantage over the other (deal flow, compensation, type of work), or if it largely depends on your preference of which sector you'd prefer to cover?
Thanks
| +379 | Evercore Intern Seizure | 56 | 1h |
| +74 | JPM M&A is Gone??? Purely Coverage Banking??? | 33 | 1h |
| +62 | Is DCM actually underrated ? | 26 | 23m |
| +53 | How do I understand vs. just memorizing? | 9 | 2h |
| +48 | Losing my personality in Banking | 9 | 1d |
| +47 | Are all Tech / TMT groups sweaty? | 38 | 1d |
| +42 | Associate & Above IB exits | 16 | 4d |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 11 | 8h |
| +27 | Which groups are ideal for laterals? | 12 | 1d |
| +24 | Thoughts on PEI Global Partners? | 4 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
do the one you prefer, toss a coin and do the one you immediately hope the coin lands on. The work is gruelling and hard enough its a big plus if you are also quite interested in your industry.
Haha good idea, Thanks.
Do you want to live in TX or NY/SF?
I'd prefer the latter if I'm being honest with myself; however, Texas would be more practical. At the moment I don't really have a definite answer to this question, luckily I still have time to decide.
Full disclosure I'm biased: Just speaking to compensation, you'll net quite a bit more in energy. Energy pays street level--on par with NYC and SF--and Texas has no state income tax. Just from a math perspective, this means netting ~$9,000 / year over NYC and ~$11,000 / year over SF. Throw in cost of living adjustment of ~$6,000 for housing alone, and you start to get the picture.
Obviously, pay is one of the least important things to consider in choosing a bank and an industry. But since you asked, I thought I'd throw in my two cents (state income tax free!).
I've thought about that, it will probably end up being a big factor in my decision in the end.
Tech vs Energy IBD/PE (Originally Posted: 08/09/2011)
Which sector is better to begin in if one wants to pursue a career in alternative/Clean Energy?
Energy, even if it's traditional energy.
So Houston > San Fran, if that is your goal?
Htown
Htown for energy. Most definitely.
But since we're on the topic... would love to hear anybody's thoughts regarding the future of the tech industry, especially with the supposed social media bubble forming. I know there's a lot more to tech groups than the "new-age" companies with BS valuations, but it'd be interesting to get some thoughts on this.
Energy, Power specifically,
green/alternative energy
There are banks with groups dedicated to that?
Isn't power based in NYC?
power m&a
energy by long shot... i also would not even look at banks.. lots of pure green tech places to go to right after college
Hello all, my first post. I thought renewable energy had more to do with semiconductors and TMT than with the energy sector, and that I could stay in San Francisco. Should I be looking more at power m&a, or build a foundation in O&G? If anyone has additional insight on this it would mean the world to me.
If you want a career in clean tech, go into government... jk (but not really). Depends on the firm. I would try to be in an exclusively energy/power or clean tech group. Otherwise you will be doing mostly o&g, internet, etc.
Et tempora accusantium similique natus consequatur. Animi quis tempore praesentium saepe asperiores. Officiis deleniti voluptates molestiae ducimus.
Et quia est a aut ea. Blanditiis neque repudiandae facere mollitia eaque laboriosam eaque. Repudiandae ipsa rerum adipisci provident. Sed consequatur quis et voluptatem deserunt quia ex optio. Officia a sint tempora exercitationem possimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...