Lazard MM (CLT) vs BB&T (Richmond) vs Wells (CLT or NY) vs SunTrust (ATL)

Which is the better bank for a summer analyst position? Considering experience, deal flow, exit opps (lateral to BB for FT or later PE/BB/Biz School Exit), prestige, etc.

9 Comments
 

An SA position will have no direct bearing on B-school; that being said, it may affect where you get a FT offer which will then probably have some bearing on B-school based upon the firm. The banks you've got up there are all good firms with different characteristics i.e. regional presence, capabilities, etc. You're fine with any of them if you just have a general interest in IBD and are location agnostic; however, if you give some more information about what you're interested in etc. I'm sure the more experienced guys on the board can chime in.

'Before you enter... be willing to pay the price'
 
Best Response

Congrats on all the offers.

I'd probably take Wells in CLT because that's where most of the SAs will be. It will be more fun and give you a chance to get to know more people. In addition, it'll be cheaper so you can save some money and ball out during your senior year.

Wells CLT Wells NY Lazard MM STRH BB&T

Although selfish me says take Lazard, STRH, or BB&T so I can have your Wells spot.

MM IB -> Corporate Development -> Strategic Finance
 

BB&T M&A is underrated. They do good work in the middle market, they have a great culture, and take care of their people. I'm not saying it's your best option here, but for future readers - this is a solid group.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 

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