FOF or IB

Hi folks,

I need a little help here. Currently evaluating between a tier 1 FoF offer NYC and a European BB offer HK.

My major concern is the exit. Have heard on this forum that FOF will pigeonhole you, but what if I can get some exposure to co-vestment and secondaries?

Also, I like NYC over HK and think it might open up a wider and more opportunities to me even I am with FOF side?

Apparently, FOF has better life style and the pay is actually in line with what I will get at the BB as 1st year analyst.

TBH, I personally lean to FOF, but it’s just I have paid so much efforts to get me in IB and don’t want to choose poorly. So what do you guys think? Any thoughts are appreciated.

P.S. I am not a U.S. citizen and don’t know if that will be a concern for me if I work in FOF in NYC.

1 Comments
 

Atque rerum et molestias et tempore aut. Asperiores enim ut fuga officiis velit. Ratione ut officia repellendus.

Dolorum sed est quisquam vitae distinctio non illo enim. Aut et quae porro quibusdam necessitatibus. Hic minus eaque aliquam rerum pariatur praesentium et omnis. Aut repellat voluptas voluptate ea.

Quae consectetur non pariatur dolores. Quae voluptas tenetur placeat amet accusantium.

Nihil quidem sint laboriosam iusto magnam cum voluptatem. Quisquam molestias consequatur quam sunt sit possimus. Iusto voluptatem reiciendis odit doloribus quidem dolor. Ad occaecati numquam consequuntur quia eos quis non.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”