If you had summer analyst offers at both, which one would you go to?
Since CS is a BB and Jefferies is MM, I would think CS is better, but have had a few people at my school tell me they'd take Jefferies over CS.
In terms of: 1. Exit Ops (MF PE?) 2. Culture 3. Learning Experience / Quality of Work
How do CS and Jefferies vary?
| +308 | Evercore Intern Seizure | 42 | 22m |
| +56 | JPM M&A is Gone??? Purely Coverage Banking??? | 24 | 1h |
| +55 | Is DCM actually underrated ? | 22 | 2h |
| +47 | Are all Tech / TMT groups sweaty? | 37 | 38m |
| +45 | Losing my personality in Banking | 8 | 1h |
| +39 | Am I behind? 31 Year Old Analyst | 9 | 2d |
| +39 | Associate & Above IB exits | 16 | 2d |
| +31 | Incoming IB Analyst: Best Ways to Prepare? | 8 | 2d |
| +27 | Which groups are ideal for laterals? | 11 | 20h |
| +26 | Technical question prep for FT recruiting | 5 | 4d |
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.
bump
CS easily in all three categories
anyone know if bonuses are similar?
Jefferies used to be the biggest joke on this forum- they only gained exposure for structuring deals at outrageous leverage- the affects of which will not go down well in this climate
Jefferies RBC or DB
RBC surely
jefferies, DB is gonna be in bad shape, and RBC just doesnt prepare analysts as well as Jefferies does- out of those three options given
when you say outrageous leverage do you mean for M&A deals they're advising the buyers to take on too much debt?
I would also like the answer to this question
Jefferies and CS have had a competition to see who could sell the shittiest paper to clients and both won
For SA offer go to CS hands down. Not saying CS is a better place to be than Jefferies, but in the event you do not get a return offer having a well regarded BB on your resume > Jefferies. Either way, both great firms and you can't go wrong with whichever way you choose.
CS is better, but Jefferies would better weather a recession
elaborate?
Jefferies purely because the CEO has IG
Jefferies CEO is a legend
don't kid yourself- they're leagues apart. CS over Jefferies every time.
Jefferies is a mm bank (and a very good one I might add). CS is a weak bb. However, for even a shot at MF PE, take CS.
If you're talking strictly summer analyst I would pick CS - better name on resume in case you want to switch industries post-internship. However, Jefferies summer analyst program was interesting to me when recruiting given it's generalist and you can feel out all the groups cultures - not sure if CS is like that (didn't recruit there hard).
All of this is spot on. Would also keep in mind that at the end of the day, your performance is going to dictate the exit ops you get. Once you get over the name brand and are able to start thinking about reps you'd be getting at each bank, you'll be thinking much more critically and at a level 98% of people don't on this forum. JEF routinely competes with CS and often beats them for deals (as far as deal quantity, JEF had the 2nd most deals on the street last year). Furthermore, be critical about what exit ops you're looking for. Everyone wants to hype up MF PE, but MF's are not always the best investors and often time don't have the opportunities for advancement that smaller shops do. Do a lot of soul searching and tailor your experience to help you best achieve what it is you decide you want to do.
CS for sure
CS easily
Seems like the ceiling for CS exits is a lot higher than Jefferies if you land one of their strongest groups (LFO&R, Sponsors, etc.)
Removed
except for when they clawback your bonuses for leaving lol
This is for senior bankers big dog. Maybe you should do a little more research before shooting your mouth off.
CS is a mid-tier BB. Jeff is a mm. I would take a "bad" group at CS over Jeff
When people say strong culture here, what do they mean. From my experience, Jefferies guys are pretty sharp elbowed. Not sure if strong culture = good culture
When people say American banks are more aggressive and European / Asian banks are nicer, how true is it? Are all the backstabbing happening at GS/JPM/MS and the like?
Assuming you get similar groups at both bank, how is this even a question! CS hands down
Impedit aut dolores natus dolores praesentium. Possimus velit deserunt alias labore aliquam et.
Vitae beatae qui totam alias deserunt. Nam ut quasi quis pariatur reprehenderit. Est aut commodi ducimus temporibus expedita asperiores.
Laborum maxime tenetur ut distinctio fugiat vel. Ea sed esse dignissimos id et. Architecto repellat mollitia veritatis eum voluptatem. Aliquid quis magni ut harum.
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...
Consectetur in corporis quam molestias laudantium. Velit et sed ab ut aperiam. Quis numquam quia repellendus et voluptatem deserunt. A commodi nihil similique perspiciatis omnis. Delectus minima et consequatur dolorum ut et ea. Quis vel eum ut aut totam.
Et et repudiandae sit quo placeat. Aut aut exercitationem velit vel quaerat eligendi. Deserunt et repellat est officiis eum. Et accusantium qui consequuntur.