Houlihan RX vs Citi M&A?

Hi guys, so I have a very tough decision to make... I have offer at Houlihan Restructuring and an offer at Citi NY in the M&A group. Where do you guys think I am better off accepting? At the end of the day, I want to position myself to be very competitive for buyside recruiting after my analyst years.

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Best Response

Is this is SF or minneapolis? You'll be fine either way but it will make recruiting tougher on you if you're trying to do buyside stuff in NYC or LA since you'll have to fly back and forth. Can still make it happen though. And since you like RX better, you will most likely do a better job in it since your hearts in it.

 

Agree with HYream. Citi is considered to be more of a "balance sheet investment bank," meaning clients often use them primarily for financing purposes and will hire another bank to do a lot of the advisory. With that being said, Citi M&A is still a fantastic group, and you will get to work on a lot of cool transactions.

Houlihan is truly a leader in RX, especially on the creditor side. You really can't go wrong with either offer, but I would probably recommend Citi M&A because of the broader experience and skillset it will offer you, unless you know you really want RX and potentially want to work in distressed investing later on.

 

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