IB Analyst Career: SF vs NYC

So after the struggle of FT recruiting, I finally chose the firm I wanted to work for and am about to accept the offer. Was an absolute relief to finally reach this decision. Now, the firm is giving me the opportunity to choose between offices in SF or NYC. Headquarters are in SF, and so is the majority of the M&A deal flow, especially in Tech/HC. But New York is New York, and its also home for me.

Any advice on where might be the better place to start a career? It seems like the office in SF would give me the better deal experience overall, but NY is the better personal experience with solid career experience. It seems like I'd see 60% M&A in my generalist role in SF, and more like 35-40% in NYC. NYC clearly has more opportunities, but SF might be the better place to launch the professional career because I got a more well rounded skillset with the increased M&A experience early on.

Absolutely love the firm - my number one choice by far, so either way I don't think I can go wrong. Just trying to make the decision and keep going back and forth on this one - figured I'd ask all you WSOers for your thoughts.

13 Comments
 

If the numbers 40% M&A in NY vs. 60% M&A in SF are correct, I'll take NY and never look back. Why wouldn't you want to be close to headhunters and lateral opportunities while not doing something drastically different than SF office? In addition to that, you'll be close to your friends and family in NY.

P.S. I'm not saying SF is bad and doesn't get any attention from buyside.

 
Best Response

I've worked in both cities, and I will tell you that both cities will give you plenty of opportunities to make the next move. If you're absolutely sure about working and living in NYC, I would pick the NYC office.

If you work in NYC, you will have the geographical advantage of being in the city already. If you can get on great deals / projects, this will go a long way.

If you work in SF, you will have the story to make the move back to NYC as well as the benefit of working at the headquarters. During the interview, your story will essentially equate to how you wanted the best possible experience in SF, but seeing as you're from NYC, you want to come back home. The downside is that it will be harder than working already in NYC, but I think you would benefit from working in another city, and I think you should be open with working in different cities. It's early in your career, and you can move around easily.

--Death, lighter than a feather; duty, heavier than a mountain
 

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