After my internship at a MM bank, I was given a choice between the headquarters (located in Chicago) and the satellite office in Boston. Does anyone have any insight on what the differences in exit opps between two such offices might look like?
| +446 | Change My Mind: Banks Shouldn’t Hire Foreigners at All | 117 | 2h |
| +267 | Article - UBS’ Investment Bank Keeps Losing Ground | 36 | 12m |
| +210 | Don’t work at UBS - UBS Sucks | 19 | 20s |
| +81 | An Exhaustive Guide: How to Solve Every Single Accretion/Dilution Question | 7 | 1h |
| +59 | When to Leave Office as Intern | 8 | 2d |
| +44 | Best IB Group Overall? | 27 | 2h |
| +38 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 2 | 2d |
| +31 | STEM student lost in London IB recruiting | 17 | 1d |
| +30 | What do you say to ppl who don’t know EVR/LAZ/CVP/PJT | 23 | 18m |
| +23 | Should My Intern Get a Return Offer? | 9 | 2h |
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.
bump
Depends on the quality of both offices and deal flow. All things equal, you'll probably have calls for funds in that particular city, as well as across the country. If one is much stronger than the other, you will most likely only receive regional opps for the weaker office (if at all).
Do you think headhunters/PE firms will assume that deal flow and "real" work is slower in a regional office?
Bump
Bump. Would love to hear any other thoughts!
Exit Opportunities at Regional Offices (Originally Posted: 11/13/2012)
Though the standard path for the junior on Wall Street may be changing, many still dream of the presumed greener pastures of private equity or buyside. But for those of us in regional offices, the path might not be as clearly laid out.
The city where I work, Calgary, Alberta, is developing a strong financial career setting, but it still and likely will always lack a lot of private equity or buyside opportunities. So for those of us in the regional offices without a clear path to exit opportunities what are the alternatives? For those of you who have gone through this, what did you move to and how did you get there? For the other readers, what would you recommend? Truthfully there are exit opportunities in my city, but most are corporate and not in the same ‘banking’ arena. Sure, the lifestyle would be great, but that’s not necessarily what I or others would be looking for. There are a few private equity and buyside shops, as I’m sure there are in other regional office locations, but few being the key word with relatively little hiring. I’ve considered attempting a move to a major financial center, New York in this case, to better set myself up for exit opportunities, but that’s not necessarily a sure thing.
So reader, what should I, and other readers in or potentially getting into the same situation, do? Should I try and make the move or stick it out in banking before settling into a cushy corporate gig down the road?
there is no magic answer: 1) sit tight and maybe someone will leave opening up a slot. But your career will progress slower than normal. 2) wait for openings in other firms - its easier to land a job b/c there is less competition. 3) move to a major center and there the problem goes away.
Bottom line - no magic solution to this one.
There is less hiring here because the companies tend to be a lot smaller, but this is a pretty decent city for networking. You can find something on the buy-side if you make an effort to meet people and build a good reputation.
Exit opps from a BB REGIONAL coverage group (Originally Posted: 01/06/2016)
..................
bump
Bump
Anyone?
Qui sint non libero quae accusantium. Magnam rerum voluptas suscipit dicta. Sequi odio expedita harum id qui aut.
Sit et debitis dicta. Error ipsam et sunt et vero nihil. Non voluptatum necessitatibus quod nostrum iure vero sit tempore. Voluptatem tenetur blanditiis et non odit reprehenderit ut. Aut asperiores voluptatem asperiores voluptas in esse. Voluptatem non ullam itaque reprehenderit ipsum. Est iste fuga delectus.
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...