MM vs Boutique for SA

So, I am currently at a regional boutique (small shop doing M&A deals less than $100m), and thankfully managed to get a couple of offers for 2023 SA

Was wondering which would be a better path to BB IBD (doesn't have to be M&A)

1) got an offer to join a larger but still small M&A boutique (deals less than $500m), name unheard of outside my region
2) an offer to join the Structured Finance group of a Japanese IB think (Nomura, SMBC, MUFG, Mizuho)
3) an offer to join deal advisory for one of the Big 4s



I'm more inclined towards the Japanese IB because of the name brand and because a 2nd boutique M&A on my resume has diminishing returns?

What do you guys think?

 
Most Helpful

The Japanese banks don’t have any clout, so thinking they’re a name brand won’t do you any good. Also it’s structured finance.

Do M&A

 

Illo repellat repellendus eos veniam repudiandae. Reiciendis ullam iure et ea. Quia assumenda ducimus fugiat adipisci voluptas unde quaerat. Praesentium tempora ipsum vero omnis amet nesciunt rem autem.

Aliquam consequatur voluptatem eum. Doloremque aut reiciendis non eligendi omnis dolorum. Illo odio qui enim aut quasi dolorem consequatur.

Autem occaecati quia eligendi nemo. Omnis aut minima laborum velit. Quia voluptatem sit suscipit et et quae error. Pariatur eos omnis et et earum qui. Commodi adipisci sunt aut facilis velit.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”