Recruiting for Summer Associates in Houston IB has just about wrapped up. Debrief thread to discuss results.
Overall, looks like UT & Rice placed really well. Much fewer UT MBAs recruited than usual. Rice MBA numbers seemed flat YOY. East Coast schools (especially Cornell) seem to be growing their share in Houston (especially at EVR).
What else do y'all have to add?
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People have a lot of guts recruiting for Houston oil and gas banking post MBA these days. The mood is very somber everywhere you look at banks here, perhaps with the exception of 1 or 2 places. While oil and gas isn’t going anywhere soon, the shale industry which drove deal flow in the US since the financial crisis is on its back and may begin to lose relevance in the global supply stack