Hey guys,
Am trying to decide an offer between Macquarie and Jefferies (IBD). Do any past SA's have any info on the offer rate given out and how many accepted? I think it's a good indication whether they had a positive experience or not....
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Jeffries FTW. I don't have any specifics on offer rates but if you're given the opportunity to go FT at both places... Jeffries
Are you gonna take advice from a guy that doesn't even know how to spell Jefferies?
But I still agree. Jefferies all the way.
Second that. Jefferies hands down. Macquarie's got a weird culture+not as strong a reputation+ heard they pay out really crappy bonuses+not as good exit ops (way way further down the line of course but still worth thinking about)
lets smoke some jefferies
STROKE THE WALL!
JEFF
Morgan
Jefferies had an extremely low SA-FT offer rate this summer from what I had heard from people interning there.
still better than macq
Jefferies in a heartbeat. Yes, SA to FT conversion is low and they work you pretty damn hard, but the Jefferies franchise carries significantly more weight in the US than Macquarie. Just work hard, and even if you don't land a FT offer, it's much easier to shop around a Jefferies SA position than a Macq.
Besides, most of the kids I know who summered at Macquarie got FT offers and tried to jump ship to other shops anyways.
bump. any more info about Mac or Jef SA retention rates?
The offer rate for summer associates at JEF was ~75% this past summer, not sure about the analyst level.
the above mentioned low conversion rates for jef were more centered toward the sales & trading side
Macquarie is known a the Millionaires Factory...therefore you can't go wrong with that can you. Plus they made nearly $1B profit last year and therefore they're in pretty good shape.
Unless you're getting into infrastructure you should avoid - the company is full of bloat and the knives will come out in markets like NY where they are less competitive. Even in their home market, top talent is bailing out to better paying shops.
Everyone I know from Macquarie has either left or is waiting for retained bonuses to vest before they bail.
^^^^says the kid who's a year away from getting into M&A and is worried about his seamless meals and whether he can play sports at 6 pm and figuring out family planning based on a bonus 5yrs down the line..
bump. anyone have info on Macquarie summer analysts?
JEF SA --> FT was okay in IB and mid-to-low on the S&T side as per a friend who was there this past summer
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