So I'm a sophomore at a target school. I am trying to decide if I should recruit for M&A or RX for my junior year summer internship. Any thoughts or advice? Would love to learn about how interesting the work is, exit opportunities (HF, PE), and how much I can learn through the experience. Thanks a lot!
| +231 | Coverage Banking is Paradise | 29 | 6d |
| +144 | UBS preparing for a October Layoff Massacre | 105 | 1h |
| +116 | London Recruiting is Paradise | 46 | 5h |
| +77 | My Motivation Is At An All Time High | 13 | 3d |
| +55 | Work and Suicide | 23 | 1d |
| +49 | Is 7 years in banking enough to retire, or am I delusional? | 27 | 3h |
| +45 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 1h |
| +33 | MM IB --> NYC IB? | 17 | 1d |
| +27 | Should I escape the matrix | 5 | 8h |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 22 | 23h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Rx is a no-brainer if you want to do distressed HF/PE.
Rx is still a better option overall if you get into a place like PJT, HL, LAZ, EVR, Moelis, Gugg, Greenhill, PWP, etc. since you can pretty easily exit to vanilla PE as well, especially from a generalist program.
??? Except PJT/HL and maybe Lazard I’m taking M&A over restructuring for all the other shops you mentioned.
is EVR RX not on par with HL and LAZ?
what about Rothschild RX
Not a really great group anymore from what I've heard. Lost a ton of senior management in the last half decade to a few places, recently to TRS Advisors, and the brand name outside of Europe has been diminishing along with them.
Gugg and GHL are kind of an L compared to the others. Also I havent heard great things about PWP rx. The others are fire though
I would say Rx provides more optionality (with respect to PE & HF) in the sense that they get looks from HF a bit more than M&A, whereas PE looks are roughly comparable between M&A/Rx. That being said, groups like EVR M&A still get a ton of HF looks.
In general, Rx leans more HF exits and M&A leans more PE exits.
How does a place like Ducera or Miller Buckfire compare to the aforementioned Rx groups?
.
Below Rothschild? And what would they be better/worse for after 2yrs
how is working on M&A deals vs RX deals?
Veritatis ullam qui voluptatem ut. Excepturi neque vitae molestiae quas. Eum rerum non impedit velit. Ea quia omnis porro enim et sint tempora.
Quia nam minima corporis officia eligendi illum. Sunt sit voluptatem dolorem. Optio optio aut aut mollitia suscipit exercitationem consectetur molestias.
Laborum non a corporis quos iusto officia omnis. Aut hic quia laboriosam repellat asperiores. Dignissimos ipsam inventore ut id. Voluptas possimus in voluptatem qui ipsum amet. Aspernatur quia fuga eveniet ea dolore laudantium ullam. Sint qui error est minima rerum.
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...