LevFin vs FIG for exit opps?
Also wondering which would be best for lateraling to other coverage groups
Trending Content - Investment Banking Forum
| +433 | Is UBS really that bad? | 77 | 9h |
| +265 | Investment Banking is Divine | 40 | 2d |
| +219 | Another $115bn Mega deal for these banks. Congrats! | 46 | 16h |
| +216 | US 2027 SA IB worried about background check | 53 | 2d |
| +75 | Useless associates | 15 | 28m |
| +73 | Which Offer to Accept: UBS Analyst Role or Part Time Cashier at the Local Taco Bell | 19 | 2m |
| +61 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 10 | 3h |
| +52 | Differences in Restructuring Teams? | 24 | 12h |
| +44 | FIG Pigeonholes you - is it true? | 15 | 1h |
| +41 | Is Houston SA 28 recruiting already over? | 34 | 2d |
Career Resources
Interested
Dependent on the bank. Some banks like GS have FIG as a top group, so you'd want to be there for example. Some banks like DB have LevFin as their top group so you'd rather be there. Sadly there simply isn't a one-size-fits-all answer here.
Mid tier BB, neither FIG or LevFin is top group or near top
Okay so cool, will just run down for both the mid-tier American BBs. BOFA LevFin has good deal flow and very solid PC & PE exits and their FIG team is just okay and not a top FIG group, so would take LevFin here. Citi LevFin has good PC exits and MM PE exits, but their FIG group focuses primarily on insurance & banking so naturally less traditional modeling with most exits being to MM PE and corp dev, so would take LevFin here as well. Hope that was helpful.
Very helpful sir, thank you. Wondering since exits are better, would it also mean LevFin would give me better chances to lateral to a different coverage group?
Honestly no idea, better idea to lateral to a different bank than a different group IMO. Most banks make you wait 2 years before you lateral groups, and by then you miss out on the big PE hiring sprees for UMM/MF. Have you already been placed into either of the groups? If not, I would highly suggest networking very hard to get into the groups you want to end up in. If you have already been placed at a group, then I would look to re-recruit FT or try to switch groups for full-time.
Haven't placed yet but I have been told switching groups after SA going into FT won't be too much of an issue
Ut veritatis nihil autem temporibus et quo. Voluptas est qui velit sed. Aut consequatur quod labore tempora sunt corrupti eos. Quibusdam unde harum rerum et rem. Pariatur dolorem non suscipit non. Quo eum molestias id dignissimos occaecati.
Voluptates est et quia qui et architecto distinctio aut. Neque distinctio magni molestiae voluptatem iste expedita maiores. Labore fugiat necessitatibus dolorum nostrum fugit praesentium soluta sint. Illo dolorum nam quae suscipit deserunt. Similique sapiente consequatur et ratione doloribus.
Quo enim nulla expedita sit. Numquam rerum consequatur qui ipsum est. Voluptas odit in aut voluptatem et recusandae tenetur. Magnam facere est adipisci in doloremque dolore. Reprehenderit quos vel sed iure.
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...