Hey everyone, about to start as an analyst 1 at a mid-tier BB tech group (Citi/BofA/Barc/CS) and I'm curious about exits. I'm from a semi-target aiming for UMM/MF growth or early stage VC.
Do mid-tier BB tech groups exit well, or is there a clear disadvantage versus GS/Q/MS?
Mid-tier BB tech groups are a pretty mixed bag, CS SF and BofA Palo Alto are probably the best among the group but marginal differences.
Believe they both exit pretty well, have seen threads about strong CS placements to Bay Area growth and tech PE. Know a guy from citi who went to an UMM growth shop in San Diego
In terms of UMM/MF exits, CS LA, Barclays LA, and BAML SF (all FSG groups that dominate west coast PE deals) are probably three of the best groups and on par with most groups at top BBs. Virtually every analyst exits UMM/MF if they want it from these groups since they are so lean.
I don’t have too much info on the FT analyst exits but I think I have two friends that interned in two of those groups you mentioned. They both “exited” / lateraled to different jobs full time. The bar cap TMT NY guy ended up at BX PE FT did three years there and now is at King Street. The other guy I think did CS SF, moved to Milstein RX FT which got acquired by Gugg and now I think is an RX VP there so I would say very strong exits/career paths for those groups you mentioned based on the two data points that just came to mind for me. Good luck
Off the top of my head, know within the past 1-2 years of 2 who left for hedge funds, 2 went to growth equity, 2 went to VC, 1 went to a solid PE shop.
Honestly, all SF Tech group analysts have plenty of options exiting to tech-focused growth / vc… being at a mid-tier BB is good enough, and if you can get a great offer is really up to you. Note that IB isn't really naturally conducive to exiting to early-stage VC though, but more like Series A -> pre-IPO venture / growth
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Mid-tier BB tech groups are a pretty mixed bag, CS SF and BofA Palo Alto are probably the best among the group but marginal differences.
Believe they both exit pretty well, have seen threads about strong CS placements to Bay Area growth and tech PE. Know a guy from citi who went to an UMM growth shop in San Diego
In terms of UMM/MF exits, CS LA, Barclays LA, and BAML SF (all FSG groups that dominate west coast PE deals) are probably three of the best groups and on par with most groups at top BBs. Virtually every analyst exits UMM/MF if they want it from these groups since they are so lean.
Thoughts on how JEFF SF is perceived? I know they do a lot of sponsor work / hardware M&A
I don’t have too much info on the FT analyst exits but I think I have two friends that interned in two of those groups you mentioned. They both “exited” / lateraled to different jobs full time. The bar cap TMT NY guy ended up at BX PE FT did three years there and now is at King Street. The other guy I think did CS SF, moved to Milstein RX FT which got acquired by Gugg and now I think is an RX VP there so I would say very strong exits/career paths for those groups you mentioned based on the two data points that just came to mind for me. Good luck
Citi tech is gaining momentum. You should be able to exit well
SF right? def not NYC lol im at citi nyc
Off the top of my head, know within the past 1-2 years of 2 who left for hedge funds, 2 went to growth equity, 2 went to VC, 1 went to a solid PE shop.
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Stop spamming the same message on every thread bro. We get it, Citi's hiring.
Honestly, all SF Tech group analysts have plenty of options exiting to tech-focused growth / vc… being at a mid-tier BB is good enough, and if you can get a great offer is really up to you. Note that IB isn't really naturally conducive to exiting to early-stage VC though, but more like Series A -> pre-IPO venture / growth
Bump
Citi Tech (last 5-years, NY + SF)
Citi FinTech
Autem necessitatibus officiis iusto odit sit expedita. Et ipsam quia ut rerum sapiente quasi. Animi totam numquam fugit earum dolore eum voluptatem. Consequuntur modi est accusantium ut dolorem sit explicabo.
Neque quam non ut asperiores placeat officiis. Iure animi ad corrupti aut. Libero culpa provident aperiam minima. Reiciendis quo eligendi ratione autem quia maxime expedita et.
Sint qui voluptatibus veniam iusto expedita ad. Fuga voluptatem dolor labore deserunt. Non nulla tempore qui est doloremque ut voluptatibus.
Impedit tenetur impedit ipsa odio. Dolor suscipit nemo eligendi quos totam. Nihil nam error velit dolorem perspiciatis fugiat.
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