(ignore title). I got internship offers for both EvercoreECM and Barclays. Any thoughts on which is better and the quality of Evercore ECM for brand name vs Barclays IB?
just go to barclays, evercore ECM is probably the best among the EBs but a cov role at barc beats it out in exits and optionality. My answer would be the same if you asked GS or JPM in ECM vs barc IB, and EVR ECM is nowhere near those
had the same exact choice - chose Barclays bc i didnt want to be pigeonholed in capital markets and wanted to have a traditional "coverage / M&A" IB experience. maybe if you wanna be a career banker... but if barc coverage offer id take that.
I agree with your overall idea but this reasoning is false as Evercore isn't a balance sheet bank (so not that present in terms of deal value/volume) in the LT but first a pure ECM advisor, which is not reflected in the LT.
Agree for the Coverage at Barclays > ECM at Evercore just in terms of optionality if you're not sure of becoming a capital markets banker.
Evercore ECM for sure – clearly a better bank and better culture (working ~20 hours per week less for significantly more pay) and has better exits. Plus don't have to do group placement and learn way more
How can it have better exit opps if it is not investment banking?
For context, I am willing to work the long banking hours and go through group placement. I really just care about which gives me the best odds of lateraling to a strong IB for full-time, and want to know which offer is ideal for doing that.
It does not have better exit opps and look at the 3 people who are encouraging EVR - they are all new accounts that have never/barely been used before posting at the same time. Pretty obvious its some analyst at EVR ECM posting on multiple accounts to feelbetter.
Here's an older thread talking about GS ECM v Barc - and as another commenter mentioned, EVR is not even top 10 in ECM tables
Even if my end goal is to lateral to a top investment bank? Any idea on Evercore ECM's exit opps? Could be wrong but I assume it's still ECM exit opps vs. IB.
Barclays. Anyone who says Evercore ECM is an idiot. ECM is ECM at the end of the day, and it will not give you exit opps. Barclays is also still a good brand globally outside of finance (if you decide to leave the industry one day)
Current Evercore analyst, have friends on the ECM team. Please do not think Evercore ECM is chill in any way. It's just as grindy as a normal IB job. Average hours there is ~80/week. And your exits will be limited compared to IBD...so you are grinding the same hours and not getting the same exits. I would take Barclays if I am you. Everyone from ECM at Evercore just ends up lateralling to other banks for IBD.
It depends on your preferences. Evercore ECM is a markets facing role, leaner deal teams, and higher pay. Barclays has a much weaker brand name but coverage provides you with broader deal exposure during your analyst stint.
Everyone that is saying evercore is just doing so bc of brand name…. But if you actually work in banking, you know that evercore ECM is pretty irrelevant. Most ECM roles are a joke tbh
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just go to barclays, evercore ECM is probably the best among the EBs but a cov role at barc beats it out in exits and optionality. My answer would be the same if you asked GS or JPM in ECM vs barc IB, and EVR ECM is nowhere near those
had the same exact choice - chose Barclays bc i didnt want to be pigeonholed in capital markets and wanted to have a traditional "coverage / M&A" IB experience. maybe if you wanna be a career banker... but if barc coverage offer id take that.
Disagree with the above. Evercore ECM top boutique ecm group and Evercore name value goes far.
Based on league tables it seems like Evercore ECM lags behind JPM, Barclays, Citi, GS, etc. for ECM.
I agree with your overall idea but this reasoning is false as Evercore isn't a balance sheet bank (so not that present in terms of deal value/volume) in the LT but first a pure ECM advisor, which is not reflected in the LT.
Agree for the Coverage at Barclays > ECM at Evercore just in terms of optionality if you're not sure of becoming a capital markets banker.
Evercore ECM for sure – clearly a better bank and better culture (working ~20 hours per week less for significantly more pay) and has better exits. Plus don't have to do group placement and learn way more
How can it have better exit opps if it is not investment banking?
For context, I am willing to work the long banking hours and go through group placement. I really just care about which gives me the best odds of lateraling to a strong IB for full-time, and want to know which offer is ideal for doing that.
It does not have better exit opps and look at the 3 people who are encouraging EVR - they are all new accounts that have never/barely been used before posting at the same time. Pretty obvious its some analyst at EVR ECM posting on multiple accounts to feelbetter.
Here's an older thread talking about GS ECM v Barc - and as another commenter mentioned, EVR is not even top 10 in ECM tables
https://www.wallstreetoasis.com/forum/investment-banking/ecmdcm-at-goldman-vs-ma-at-barclays
Evercore ECM no questions asked. Barclays not strong enough to even be considered against it
Even if my end goal is to lateral to a top investment bank? Any idea on Evercore ECM's exit opps? Could be wrong but I assume it's still ECM exit opps vs. IB.
Barclays. Anyone who says Evercore ECM is an idiot. ECM is ECM at the end of the day, and it will not give you exit opps. Barclays is also still a good brand globally outside of finance (if you decide to leave the industry one day)
Is this US or EMEA
US (outside of NY)
Definitely take barclays imo, much stronger culture and similar platform
Current Evercore analyst, have friends on the ECM team. Please do not think Evercore ECM is chill in any way. It's just as grindy as a normal IB job. Average hours there is ~80/week. And your exits will be limited compared to IBD...so you are grinding the same hours and not getting the same exits. I would take Barclays if I am you. Everyone from ECM at Evercore just ends up lateralling to other banks for IBD.
Everybody who says evercore ecm is an intern
It depends on your preferences. Evercore ECM is a markets facing role, leaner deal teams, and higher pay. Barclays has a much weaker brand name but coverage provides you with broader deal exposure during your analyst stint.
Everyone that is saying evercore is just doing so bc of brand name…. But if you actually work in banking, you know that evercore ECM is pretty irrelevant. Most ECM roles are a joke tbh
Laboriosam molestiae quia reprehenderit eius animi ducimus. Laboriosam recusandae doloremque at minima quo atque porro assumenda. Ea optio numquam ullam quos officia. Et ullam aut et quia.
Aliquid ratione nulla voluptatem doloremque et. Mollitia consequuntur laborum ut similique. Qui velit est repellendus hic.
Commodi molestiae veritatis veritatis accusamus reiciendis sint. Molestiae nemo in provident omnis. Quam vero necessitatibus saepe ipsum consequatur tempora. Quia quis quia ab amet dolores non.
Quia dicta dolore ut occaecati perspiciatis. Eaque suscipit eligendi porro.
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