I was just wondering how I should look at compensation in deciding between offers. I used to think banking was all about the moolah but realized it's more about your exit opps and learning experience. However, what if the base salary was 30k in difference?
Would you choose a top BB (60k) or top MM (90k)? Unless the firms are really low-balling you, would you ignore the comp?
| +204 | Return Rates For Interns Are Falling? | 85 | 43m |
| +128 | UBS Americas IB: The Kids’ Table of Wall Street | 16 | 1d |
| +103 | I am a drunk MD AMA | 39 | 9m |
| +80 | KISSED MY VP… HELP!!! | 14 | 15h |
| +63 | VP Lifestyle at Top BB Coverage Groups | 40 | 18h |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 3d |
| +49 | SharePoint makes IB hours HELL | 15 | 3d |
| +49 | UBS Offer Day | 18 | 17h |
| +44 | momentum of Rx groups | 16 | 23h |
| +34 | WF Return offers | 20 | 19m |
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.
90K...? That is ridiculous haha
But I think the fact that they pay you more means they value you more right? They usually only pay more to reserve talent. So perhaps I would go with 90K
I don't think your scenario makes much sense. In 2009 all BB's are 70k. What boutique pays 100k? Its pretty impossible to get "lowballed" since banks are very structured in 1st year analyst base salaries.
However, I personally think a 70k base is important as being paid 60k by a boutique seems a bit....underhanded.
More importantly though is definitely the group you are in, the team/culture, and the exit ops.
Qui nostrum totam sed quam illum temporibus. Amet nihil provident quam eligendi. Vel voluptas alias ipsum cupiditate magni.
Non rem in voluptas repellat. Repellendus accusantium sunt omnis perferendis earum. Provident officia quia harum excepturi voluptatem.
Ullam placeat quo qui atque ut assumenda ut. Velit qui tempore sed. Aut sed voluptatibus et rem eveniet rerum voluptatem non. Est non recusandae beatae voluptatem.
Laboriosam velit odio nulla iusto et accusamus et. Iusto blanditiis ipsam molestiae et quo eum modi quam. Aut odio eos corporis ut laboriosam qui aut facilis. Fugit commodi ratione perferendis aut autem et.
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...