Location, Location, Location...

2-Part Question.

New York vs Chicago vs Los Angeles vs London vs Other

1.) This question is probably a no brainer, but IYO, which is best for IB?

2.) Personally, which location would you prefer?

10 Comments
 

Seems like a beautiful city and the surrounding suburbs are really nice. At least thats what Ive heard.

Im not sure how much of a player Chicago is when it comes to IB, but Im pretty sure UBS has a group in Chicago.

 

NY is my preference, it's lively and dynamic. There's something for everyone there. Transportation is convenient. There's shopping, culture, and incredible diversity of people.

 

New York is the only place where many other people work as much as you do. Everybody hits the bars hard and late, as opposed to earlier elsewhere. Also, the money and opportunities are in NYC. Chicago is pretty 2nd rate for banking and LA... the hardworking culture doesn't seem to fit. San Francisco would be better than LA.

New York.

 

i have worked in new york and london. you might think new york is the best, but actually there is more m&a in europe right now.

if you live in london, getting paid in pounds is key. when you go back to the us you can treat everyone for dinner because the US everything is so cheap...

london is also nice because the work / life culture is more balanced. lots of cheap airfare to continental europe - spain, italy, switzerland are only a few hours away.

 

Esse numquam dolorum tenetur eum harum sequi a est. Dolor unde eum neque et libero sunt. Blanditiis nemo aliquam sint ut quod repellat molestias. Et libero ex velit qui accusamus delectus pariatur.

Eveniet rerum aperiam nemo dolores. Sed distinctio non recusandae accusantium aliquid sunt voluptatem. Provident ut ratione ut cupiditate.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”