Lazard vs. MS? (NYC)
Which is the better place to start one's career? Talking at the analyst (IBD) level of course. Thanks guys.
Trending Content - Investment Banking Forum
| +131 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 25 | 19h |
| +121 | Americas M&A League Table Q2 Updated | 55 | 2h |
| +76 | Wealthy Parents / Jaded | 24 | 1d |
| +61 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 11 | 1d |
| +59 | How are hours rn for SA (interns) | 31 | 1d |
| +44 | Boutique firm wants access to my LinkedIn? | 38 | 5h |
| +33 | Investment Banking in Mexico | 9 | 1d |
| +30 | Investment Banking is Hard | 13 | 7h |
| +27 | Restructuring: Anti-climactic Experience | 3 | 9h |
| +21 | Excel macros for QOL formatting | 0 | 4d |
Career Resources
Also curious
MS if M&A, M&T. Otherwise, Lazard. Everyone else saying Lazard is better don't understand that MS M&A/M&T/Tech have insane exits.
After seeing exits for this recruiting cycle, MS on average places much better than Lazard. I would caveat that by saying Lazard RX places lights out and Lazard HC places well.
Would you consider Lazard NY a sweatshop?
Friends there say it's an intense place, but they like the people.
I would go with MS - the only EB's I'd consider over GS/MS is EVR M&/PJT RX and potentially CVP if you're looking to become a career banker.
The only area where Laz is better is pay - and this may only be about 20k/yr since Laz tends to be cheaper than most EBs.
Edit - Forgot there's an obsession with EBs on WSO
Would all EBs be considered sweatshops?
I would pick Lazard.
If you have a good profile either firm will get you looks from top-tier funds. Lazard has MS beat on pure advisory focus, higher pay, leaner teams.
Would also pick Lazard. Friends at Laz are way happier than those at MS. Got same looks during on-cycle for PE, pay is higher (think they just increased comp), and they like the culture/people better. Seems like it's gotten less sweaty because they were losing kids to Evercore over the hours.
I’d pick Laz as well, you’ll trade in RX for ECM/DCM at MS, which I’d say have worse exit ops. Plus Laz is a lot less cyclical, speaking to that RX strength.
Ut vero voluptas ut nostrum commodi aspernatur nobis quis. Animi commodi voluptates et dolor laboriosam hic laborum. Voluptates dolorem quae quis nam.
Et nihil numquam qui perferendis. Reiciendis at eligendi recusandae voluptatem assumenda quae. Quia quisquam officiis est enim qui.
Natus deserunt molestiae est provident inventore. Assumenda impedit rem aliquam ut beatae sint accusantium.
Voluptates praesentium at rerum tempora reiciendis ipsam. Qui sint aut ratione dolorem provident. Sed voluptas suscipit rerum vero quas. Qui dolor voluptatem cupiditate deserunt provident. Deserunt id ratione sed fuga sunt. Est et explicabo possimus dolore saepe.
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...