JP Morgan Investor Services vs. Nomura IBD

I have offers for summer analyst positions at JP Morgan Investor Services (hopefully in the Prime Brokerage team) and at Nomura IBD, both of which are in London. My long term goal is to work in IBD and eventually cross over to PE so Nomura makes more sense for developing my skill set and showing my interest in IBD. However, the JP Morgan brand is obviously stronger than Nomura. Does anyone have any thoughts about which is a better choice strategically considering my career goals?

Thanks a lot for you input!

13 Comments
 

Nomura hands down.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Hi Oreos, thanks for your input! Could you explain your reasoning? Do you work in the industry? Do you think Nomura has a strong standing or is it considered an underdog?

 

Hi Oreos, thanks for your input! Could you explain your reasoning? Do you work in the industry? Do you think Nomura has a strong standing or is it considered an underdog?

 
Best Response
cgsolsson

Hi Oreos, thanks for your input! Could you explain your reasoning? Do you work in the industry? Do you think Nomura has a strong standing or is it considered an underdog?

You want to do IBD? Then do IBD!! Nomura isn't phenomenal, but it has some respected guys and has sent a few analyst onto BX M&A etc. much better base to start a career from than PB.

learn to reach out to Nom alums and see what they think. much better than WSO. this done in the right way can be very valuable.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Thanks for the advice, it's really helpful. Actually I might have the chance to do the JPM IS this summer and then do the Nomura 6 month rotational internship between London and Frankfurt, starting in January, after a bit of negotiation. If that doesn't work out I'll go for Nomura this summer. Again, great advice, thanks a lot!

 

Nomura hands down! The JPM brand name won't help as much as relevant work experience. And it's not like Nomura is an unknown boutique. Having said that, you may need to network that extra bit harder to get noticed by some of the PE firms out there - perhaps consider a lateral in the near future (don't know too much about this and breaking into PE tho).

Bitch please, I love bananas! If you found my advice useful, hit me up with one.
 

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