Gleacher vs Evercore, insights on company culture, etc?
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Career Resources
BX
//www.wallstreetoasis.com/forums/blackstone-rxma
think you forgot gs tmt
would choose gleacher
Evercore M&A Congrats on the offers!
Reasons?
couple different things to think about 1. generalist or industry focus? ghl/bx are generalist, evr and laz are broken into industries 2. rx or m&a ghl does both m&a and rx. not sure how your lazard offer is worded, but they split out their rx division. 3. people - who did you like? 4. exit opps my understand is that bx is a step above the rest in this aspect.
I responded to your PM on this.
mind sharing your PM?
The general consensus on this forum is going to be BX, hands down. Reasons: exit ops and prestige
.
BX M&A
Smithjohnny, how do you have all of these offers, from my time, these banks don't start formally interviewing till later. Did you accelerate? Thanks for the insight.
BX, trust me on this
Yep, definitely blackstone for the exit opps
Kids jizzing themselves over BX
Is this a joke? BX.
The exit opps are a cut above, the hours are on par with GHL, and the prestige is out the ass.
Just look at the summers you'll be working with on LinkedIn. I know a lot of people at each of the places you're looking at, and it should be very obvious to you, even after a cursory glance, that the bx class is superior.
I certainly know that the best of the best from my school consistently choose bx r&r / m&a over everything else (including bx pe). I was at another top group for my summer, but BX is BX.
I know a kid who chose M&A over GS TMT. It's all arbitrary and we can't deduce sweeping generalizations about which is better.
I find that questionable only because R&R has never hired anyone from Yale or Princeton, and they've had maybe 3 harvard kids over the past 4 years. Maybe that's changed with the newest class, but as far as I know they hire over 50% from Penn. M&A hires a lot more from Yale and Harvard.
My friend told me an analyst at BX said that m&a is done recruiting. So either this guy has already signed or he doesn't have an offer
Also not true. BX M&A has a job posting on our school's career services website. Interviews are week of September 13th.
FernandoTorres9 really loves BX M&A lol...
I have a marginally bigger boner for R&R, but yeah, M&A is great. It's not like I'm saying anything that isn't true.
Also if the big kick from BX M&A is the exit opps then why would anyone choose it over BX PE? Why not go directly to PE?
BX PE is a brutal place to work, and it's a 3 year and out program which puts you in a rather awkward position for business school. Not saying I wouldn't have taken it over banking though.
Interesting. So what do the analysts at BX PE do after 3 years? Is the advisable thing then to do 2 years in banking at a top group and then join PE as an associate?
Whoever said M&A (NYC) is done is correct. Have heard the same thing. Lots of people turn down the megafund PE job straight out of undergrad. Pretty much everyone from the top groups got calls from TPG, Warburg, Bain, and BX and i don't know many who actually interviewed with them.
I would do BX r GHl. Mainly due to them being generalist offers. Gr8 culture at both places from my interactions with folks who have worked there in the past.
No one turned down Blackstone PE for Blackstone M&A. Someone actually did turn down Blackstone PE for Restructuring. Big Difference.
Is that person still at BX R&R?
I don't know. It was actually for a summer internship, don't really know the details.
Starting to get off topic guys,
Not asking about BX M&A v R&R or BX M&A v PE or BX M&A v GS TMT
Strictly looking at the mentioned groups
Yeah but no one cares because we've already told you BX M&A.
Well then I no longer need your input - thanks.
Just trying to get a consensus with some reasoning. Appreciate the help.
This is an incredibly stupid thread. To settle this:
1) OP, you do not have an offer from BX M&A's NYC office. They have filled their class. 2) From the summer intern class, 1 kid from R&R and 1 kid from M&A turned down PE. Both are going back.
3) You can get offers from multiple groups at BX. 4) The best BX interns did not even look at going to the buyside out of undergrad. All who were given offers accepted within a week. 5) M&A and R&R are both awesome groups. You'll get interviews everywhere if you're good, so splitting hairs is futile. If you end up in this situation, pick the group that you find more interesting. If you think you want to do distressed debt, you'll probably like R&R more; whereas, if you're more interested in getting a broader experience, you'll probably like M&A more. To be clear, you can go anywhere from either group. 6) The best people don't consistently go to any one group. It's a foolish debate. All that matters is that M&A and R&R consistently attract terrific talent. Very, very few people turn down either group.
Probably the only post people need to read in this entire thread. BX M&A's class is indeed full (everyone has accepted), and OP does not have an outstanding offer. All summers who were extended offers accepted within less than a week.
Oh, also, I would like to reiterate that you're all idiots for even entertaining this debate.
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