MM IB or small PC
what are the pros and cons of going MM IB vs going to a small PC shop (4-10B AUM). Not sure which is better and have two offers on the table.
Trending Content - Investment Banking Forum
Career Resources
Had the same dilemma as you (PC shop had around $8bn AUM) and chose MM IB for the following reasons:
For me it ultimately came to which I would enjoy more long-term, the compensation, and the exit optionality in that order. Hope that helps you in some way
What if it was for the DCM team? What are your thoughts on the optionality from that. Also how does pay structure / progression look like at a small private credit shop?
I'm not familiar with DCM but as far as I know M&A-related groups are always better for optionality. DCM and private credit are fundamentally dealing with different debt products.
Pay structure and progression is too diverse across firms for me to generalise. Pay structure for me was less base salary and by extension less nominal bonus. Progression I had no idea because it was a small shop so I didn't actually see a lot of people who went up the ladder
Go to the private credit shop
Et consequatur in fuga nihil voluptatem numquam unde laudantium. Odio vel doloremque quos rerum quasi dolor eius. Assumenda nobis ea et ut odit veniam. Dolorem esse dolor deleniti illo enim accusantium. Autem pariatur quibusdam voluptas rerum minus aperiam dolor.
Esse earum vel officiis magnam ipsum nihil rerum. Aut voluptatem vero delectus sed magni. Exercitationem rerum veniam voluptatem inventore nisi eos aut. Et et et reprehenderit voluptas et esse quis odio. Quisquam sed consequatur velit facilis. Nostrum quo totam voluptatibus quia.
Aut beatae adipisci quae qui natus non fugit. Autem provident ea laudantium aperiam est pariatur exercitationem. Aut unde molestias placeat ipsam expedita.
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...