London Offer Discussion - PCA v/s IBD
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if you have a PJT offer take it, if not IBD
Would take IBD offer. As you wish to recruit again, that's a relevant experience and will back your story for why IBD. Plenty of people do their first internship at a no name M&A boutique and end up at a BB
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Yes this year was brutal. I personally struggled a lot, despite having 1 BB and 1 LMM PE off-cycle internships in the CV
Think logically about this. Recruiting has been bad this year. When you go and re-recruit it won't be like this.
Also Santander IBD in Europe is probably a good bet. SocGen is risky because of abysmal conversion rate to FT.
PJT > CL > Rede
SocGen > Santander
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Well yh this ranking is obvious but has just completely not answered OP's question. I will though. If the offer is PJT secondaries pick that. If not, pick socgen. Secondaries pay at evr/pjt rivals IBD. In London evr pca is especially lucrative, paying more than BB IBD. I personally know of someone who left a bb to go to pjt secondaries and was paid significantly more. Only downside is sub optimal pe exit opps, which I imagine is the reason you want the ib switch.
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I thought Santander >> SocGen was established for UK by just about every list.
Either way SocGen has sub-40% conversions even when the market is good so would literally take a CIBC summer over it
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I would take PJT 100%
If PJT take if not take IB especially if SocGen
SocGen is absolute trash lol
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