Trending Content - Investment Banking Forum
| +125 | UBS Americas IB: The Kids’ Table of Wall Street | 15 | 2d |
| +61 | London IB BB is a challenge | 37 | 17h |
| +55 | Return Rates For Interns Are Falling? | 24 | 22m |
| +47 | VP Lifestyle at Top BB Coverage Groups | 31 | 1h |
| +46 | SharePoint makes IB hours HELL | 15 | 21h |
| +46 | An Outsider’s View of RX Banking Out of College | 6 | 1h |
| +41 | momentum of Rx groups | 12 | 1d |
| +37 | Fired during interview | 7 | 1h |
| +37 | I am a drunk MD AMA | 26 | 57m |
| +27 | Series 79 Help | 13 | 10h |
Career Resources
its more or less the same.
hours are slightly less at smaller banks, but the known banks work you like a dog
pay is slightly less, and bonuses are slightly less tooDisclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...
bump
When did those mm banks become respected? I missed this memo.
Um, yes it does.
LB, which mm banks are respected...and what is their pay scale?
The sad truth of it all is that being a middle market bank means you can't compete with the big boys. Most analysts at MM banks didn't get into bulges and that's why you'll see tons of them trying to lateral to the BB and not vice versa. In addition, alot of MM banks that claim a "strategic focus" in middle market, for example HLHZ, may say this on paper but are always looking to do bigger deals.
That being said, you're doing the same thing wherever you go, so its not worth it to get your panties in a bunch in the name of prestige/reputation.
Its not a guarantee that the hours will be less. Many smaller banks (HLHZ for example) work their analysts harder than any BB.
There is no guarantee Aspiring Monkey. If anything the MM and boutiques are often less inclined to hire plenty of analyst and in the end shackle you to the table.
For instance, Genuity in Canada is a boutique that pays more than the Big 6 CDN banks, less the the American BB in Canada but work their analyst just as hard as the BB if not MORE. They make that clear in their interviews when they say "We have more 100 hrs weeks than Canadian banks, and nearly just as many if not more than the BB"
needa a banana
I agree MM banks pay slightly less all-in comp. After all, they advise on smaller companies and in turn receive less fees.
They may pay slighty less but remember you have many years to make money and should be looking for the best experience. And the best experience isn't always associated with the highest pay.
Well said, you shouldnt be looking for an extra 10 grand the first few years when weighing options.
Tenetur deserunt ea incidunt placeat voluptas ab nam. Dolorem velit omnis qui sint maxime. Nobis odio fuga sit et molestiae qui eius qui. Quas maxime quaerat rem nihil.
Hic quidem eos dolor natus est placeat sunt. Minus suscipit aliquid aliquam iste ut. Atque accusantium sit iusto. In perferendis sunt illum porro est eos.
Voluptas quia id et est nemo aut. Repellat laboriosam fugiat consequatur alias consequatur ea. Omnis possimus molestias ipsam tenetur aut doloribus reprehenderit. Architecto exercitationem illo nostrum et eum modi. Commodi expedita deleniti ut explicabo.
Enim velit nihil vitae voluptatem. Officia consequatur non sapiente. Repellendus id ut laudantium quis. Omnis quam voluptas odio recusandae.
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...