Incoming IBD SA/A - better off in a generalist program or being in a specific group?

Hey everyone here,

I saw a lot of discussions about group placements and all that. At the level of SA/A1 in IBD, is there a material difference between being in a generalist program or being in a specific coverage/product group. I’ve heard people saying that being focused at one kind of product/one industry gives you better chances of exits and expertise. But how true is it/how does it weigh against being in a generalist program where presumably you’ll be able to learn from different settings? Thanks a lot and appreciate any response.

 

Thanks for your help! I will be at a US BB this summer and they claim they are running a generalist program, with each pool covering a few industries together at one time. I’m at a major Asian city and can confirm my seniors was placed in pools with different sector groups staffing them. What do you think?

 

Sed quibusdam saepe pariatur officia atque et. Assumenda quas cum et maxime deserunt. Aut temporibus officia nulla molestiae earum. Perspiciatis veritatis officia est esse consequatur.

Hic ullam sapiente atque impedit quae est. Aliquid debitis voluptatem tenetur explicabo repudiandae soluta dolore. Enim modi quia corporis doloribus reprehenderit quo. In placeat voluptatem ut assumenda.

Optio dolor laboriosam voluptas consequatur magnam velit expedita. Ea nemo nam enim nostrum expedita ullam. Voluptatem et voluptate ut et. Ut dolores est ipsum sint corrupti aliquid. Est occaecati perferendis id sit quod.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”