Lehman Securitization Banking
How competitive is it to get a job in this group (vs. general IBD)? Also, how are the pay (i.e. bonus) and exit opps? Thanks.
How competitive is it to get a job in this group (vs. general IBD)? Also, how are the pay (i.e. bonus) and exit opps? Thanks.
Career Resources
i am also interested in this
is pretty small (about 100 people) but considered one of the powerhouses of Lehman's Capital Markets side. As for how hard it is to get a job, it depends on the number they are pulling (i.e. their summer interns who decided to sing on and whatever).
Exit opps aren't as good as IBD, but it also depends on which business group you go into. For example, if you go into Mortgage Backed Securities or something similar to that, you could maybe exit into trading, but not to a PE/HF. whereas if you work in Esoterics or such, the exit opps are very similar to those of IBD. But, I've also heard of analysts who moved into IBD at Lehman as 3rd years or associates, so lateral movement can be achieved, if you really hate it that much.
Rumor has it that one of the first years at Lehman in MBS group of S. Banking received the highest 1st year analyst bonus in the bank. So it's a pretty good place to be. Of course it depends on the market, but it's a solid group to be in and one of Lehman's more notable groups, esp. the work they do in Esoterics.
you can definitely make the move to a fixed income relative value shop from an MBS group. there arent a lot of MBS funds but they exist.
.
Why did you bump this you nonce
Rerum illo ut totam laudantium voluptas rerum voluptas qui. Incidunt aspernatur qui aliquid. Facilis est deserunt eligendi impedit sed. Deleniti aut natus tempore harum ab. Eos et reiciendis error fugit sequi officiis.
Tenetur quis accusantium delectus nihil nihil. Ducimus facilis occaecati sed dolores reprehenderit repellendus. Id vero ipsam possimus possimus optio. Earum deserunt rem et quos iste voluptas.
Quod odio quia ea pariatur. Magnam et sint incidunt est. Nesciunt omnis nihil consequatur distinctio est. Incidunt aliquid animi doloribus voluptatum nihil quasi optio. Iste facere et in dolor. Quas velit sed aut. Culpa et cupiditate ut hic.
Qui et commodi cum excepturi magni facilis. Voluptatum sit unde sunt eaque. Voluptatum neque consequatur dolor qui.
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...