IB in a small city vs big city

Hi, I am currently unemployed and based in a big city my applications are not getting much traction in the local market however I recently got an offer to join a decent MM shop in a much smaller city. Should I take it or hold out for a better offer since I don’t want to move. Alternatively, if I move to what extent I’ll be able to leverage my experience in a smaller shop in case I want to move back. The team at the small shop seems nice, management is very experienced and they get good deal flow but I still feel a bit sceptical.. Thanks,

6,217 WSO Academy Investment Banking Session Reviews: 4.82/5

Università LUM Giuseppe Degennaro

Class of '23 Sep 2026 Cohort

5.00/5

Investment Banking Mock Coffee Chat

“I had a great conversation with Jorge and genuinely appreciated his willingness to share his experience and insights. His career journey, from an engineering background into investment banking and subsequently investing, was particularly interesting and highly relevant to my own career aspirations. He provided thoughtful perspectives on breaking into investment banking in London, navigating the transition from the sell-side to the buy-side, and developing the skills and judgement required to become a successful investor. I particularly valued his emphasis on the importance of understanding the industries and businesses behind financial transactions: strong industry knowledge is essential not only to assess companies and investment opportunities more effectively, but also to become a more well-rounded and insightful finance professional. I also appreciated the openness of his answers, which reflected his own professional experience. The conversation was helpful and engaging.”

Class of '27 Jul 2026 Cohort

4.56/5

Investment Banking Mock Interview

“Very comprehensive session. We worked through a paper LBO and I got useful tips on how to build the debt schedule. Mentor's camera didn’t work because of a technical issue, but that didn’t affect the quality of the session at all, and I felt I advanced a lot. It was straight to the point: she moved from question to question without wasting any time, and finished with direct feedback. The follow-up note was clear and specific, with two priorities (IB vs PE and the LBO walk) and a plan for the next session. Honestly one of the best sessions I’ve had.”

See All 11,480 WSO Academy Reviews

1 Comments

WSO Monkey Bot

O

3y

Repellendus qui sint commodi quia necessitatibus laborum. Vitae reprehenderit inventore et accusantium. Sed ea quia sint exercitationem similique. Quidem et occaecati ut aperiam earum et neque.

Quo qui vel temporibus quas ratione occaecati. Ut et accusamus sit repellat. Maiores tempore asperiores in ducimus quia aut expedita recusandae. Unde est debitis eaque ipsa harum consequatur. Veniam veritatis voluptatem voluptatem commodi illo recusandae.

Delectus et unde perspiciatis et eos molestiae. Vitae officiis deserunt nulla minima. Reprehenderit aut corrupti aut dicta et.

+161	Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment	29	6h
+160	UBS Tech layoff	52	2d
+146	UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT	31	1d
+112	Leaked Interview Questions to Recruiting Services	55	2h
+63	How do YOU manage networking requests?	20	2h
+59	Are target prospects getting dumber?	27	1d
+37	Quitting After First 4 months	12	2d
+34	MBB Pay Raises	26	2d
+24	My new boss told me they have no idea what I was doing?	3	7h
+20	Career Crossroads	3	7h

1	redever	99.2
2	kanon	99.0
3	BankonBanking	99.0
4	Secyh62	99.0
5	CompBanker	98.9
6	DrApeman	98.9
7	dosk17	98.9
8	Betsy Massar	98.9
9	GameTheory	98.9
10	Kenny_Powers_CFA	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

IB in a small city vs big city

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

IB in a small city vs big city

See All Comments - 100% Free

Trending Content - Investment Banking Forum