Live in NYC for IB for 2 years or explore hometown IB opportunities?

Received an NYC SA BB offer for IB and I’ve just been thinking about the next steps after graduation. I’ve been weighing the pros and cons as to staying in NYC if I receive a return offer vs. recruiting for jobs in Houston.

Pros of NYC: - Networking - Endless opportunities for fun - Resume boost

Pros of Hou: - Hometown, friends & family - Saving tons of $: family lives 20 min. away from downtown so no rent or food expenses

Is saving a ton of money worth it so early in my career, or is living in NYC more beneficial due to networking oops? Feel free to lmk if I’m missing out on any other pros

1 Comments
 

Est veritatis natus alias quam rerum dolorem. Ut accusamus neque quibusdam.

Est numquam et consequuntur quo nemo officia facilis sed. Fugiat et vitae dolores alias laborum facere atque. Nihil aut fuga cumque quo dicta.

Voluptatem quos eos culpa occaecati molestiae necessitatibus. Atque ullam libero mollitia explicabo a error voluptatum unde.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”