JPM vs Greenhill vs Ducera

Interested in these 3 for their NY offices and want to go to the buy-side after my analyst stint; obviously JPM has top 3 BB prestige (not GS/MS tho) but has group placement risk and a lower return offer rate, Greenhill isn't what it once was but still has solid MM/UMM/MF PE exits, and Ducera pays its analysts $200k+ but has the worst hours and exits generally limited to credit roles. Thoughts?

Comments (38)

  • Prospect in IB - Gen
Mar 30, 2022 - 2:27am

Do you have offers from all 3? I would choose JPM then tossup between GHL and Ducera depending on how much you like RX

  • Prospect in IB-M&A
Apr 12, 2022 - 5:16pm

not OP, but at least in the CHI office all greenhill analysts exit to MF/UMM, exits are still top

  • Analyst 1 in IB - Restr
Mar 30, 2022 - 1:11pm

I think you idea that of Ducera exits being limited is partially due to selection bais. In order to have a shot with them you really need to be passionate about RX and I think that just leads to more moving to credit buyside. I know they had a couple people that exited to HIG and 1 to EQT in the last couple years, which isn't bad given class size. Anyways, if you just want to do M&A, I would say JPM > Greenhill >= Ducera(mix M&A and RX) not sure how much longer Greenhill over Ducera will last, since one is struggle and one is growing.

  • Analyst 1 in IB - Gen
Mar 30, 2022 - 9:29pm

Ducera over Greenhill

  • 1
  • Intern in IB - Gen
Mar 31, 2022 - 7:44pm

Are these things still true? You can't even find Greenhill on league tables anymore while they used to be top 15 ten years ago.

Mar 31, 2022 - 10:29pm
Fingerling Potatoes, what's your opinion? Comment below:

Are these things still true? You can't even find Greenhill on league tables anymore while they used to be top 15 ten years ago.

Yes to pay and placements. League tables is not totally indicative of buyside interest. There is a lot of prestige/legacy/preference factor. There was another thread awhile ago that compiled buyside placement from BB's. Credit Suisse was the strongest out of mid-tier BB's even though their deal volume has fallen behind over the past few years.

Most Helpful
Apr 4, 2022 - 7:43pm
OneTimeTwoTime, what's your opinion? Comment below:

If you let WSO convince you to take Greenhill over JPM, you shouldn't have a JPM offer. Can't think of a single buy-side firm that hires from Greenhill and not JPM or in preference to them, whereas in any exit outside finance, JPM >>>>> Greenhill.

  • Intern in IB - Gen
Mar 31, 2022 - 7:49pm

Doesn't JP have the same prestige factor as well? If M&A deal flow is dead doesn't that mean you're just pitching all the time and MDs are stressed struggling to bring in fees so they take it out on analysts?

Apr 13, 2022 - 7:44pm
Fingerling Potatoes, what's your opinion? Comment below:

JPM definitely has the same prestige factor and a much, much stronger brand globally, but for the purpose of OP's question we cannot ignore group placement risk. If M&A deal flow does indeed "die", how will the MD's react? And how will that affect the analyst experience? It's a hypothetical question that nobody really knows.  It is a good thought to ponder on though.

  • Analyst 2 in IB - Gen
Apr 13, 2022 - 2:14am

Hope this is a troll post. Take JPM and get off WSO.

Jul 16, 2022 - 1:31am
BankerNoBucks, what's your opinion? Comment below:

Ut iste quo debitis et quia. Aut accusantium vel ab nesciunt explicabo quasi sunt.

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