Lucky enough to have offers from both of these firms but have to make a decision very soon. I apologize for creating another "boutique vs. boutique" thread and if this is splitting hairs, but I want to set myself up as best as possible for PE/HF/B-school etc....
What are everyone's thoughts? Currently leaning towards Moelis NY given some stuff I've read on this forum but looking for an updated opinion...Thank you in advance!
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Moelis is way better
Moelis 1000000%
Before the interns who think this is Greekrank ruin this thread...Ive typed some thoughts below.
Both are great shops so congrats on these offers! They are two good places to start careers. In terms of exits, people from Moelis typically exit better to PE/HF than do people at Guggenheim. This is probably some combination of the type of person who works at Moelis as well as brand name. With that said, Gugg analysts exit to good places especially out of their better groups.
Moelis gets a rep for being a sweat shop which is 100% true. At the same time, Guggenheim certainly has its own sweatshop culture in certain groups (again in TMT and certain HC verticals).
Dealflow is good at both places though you may be able to work on a higher percentage of larger deals at Moelis as a result of it being a smaller class size. Gugg definitely still has its share of large mandates (Pfizer, Disney, Verizon, etc).
If the two cultures feel similarly fitting to you....definitely go with Moelis. If you feel like you fit in much better at Guggenheim then go for that. People on this site never seem to actually value quality of life and coworkers but they are important consideration for two years of your life
Wow, a well-thought out response that analyzes the decision from multiple angles... kudos.
.
Thank you for the response and for putting some of the opinions on this forum into perspective.
@jbaxiack - you really shouldn't be basing your decision off of WSO. You should be speaking to people at those firms to get a sense of culture, deal flow, and exit opps (ask them what opportunities HHs showed them. Prospects on WSO just repeat exits they've heard, some from earlier this decade or many years ago that're no longer relevant). The longer I've scrolled through this forum, the more I realize that 99% of people who post are either high schoolers or prospects who are just repeating information they've seen on other threads (which is why threads comparing banks are more popular than threads discussing internship best practices, for example) I highly doubt analysts post on these threads. I'm on WSO looking through threads about 2020 PE associate start date delays, which is relevant to me (and most analysts), and only two people posted including myself... If analysts from either of these banks actually visited this site, I'm sure the PE forum would be more active. Congrats! And as Analyst 1 in M&A says, you'll be fine at either firm. Differences in exits are self-selecting at this level, so if you're a top analyst, you'll do well at either firm. Also consider culture - don't just sacrifice two years of your life... Choose a place where you can make lifelong friends with your analyst class, develop professional references that will help you throughout your career, etc.
bruh this aint moelis vs lazard or pwp or centerview... its guggenheim. moelis 100000%
hey second year analyst in IB, did your 2020 PE start date get pushed back or are you actually a prospect pretending to be an analyst? DM me, trying to gather some intel about start dates. Thanks!
just shot u a message
How'd you already get an offer for Gugg NYC?
Moelis is safer. Analysts are cross staffed between M&A and RX.
Moelis is the better offer in terms of PE exits, deal flow, and prestige. However, the choice should be dependent on how much you value culture and lifestyle. If you like the people at both firms, then should be an easy decision. The only con for Moelis that I see is the bad hours, but I hear some groups at Gugg are pretty sweaty themselves so.
Moelis for deal flow / exposure, exits, prestige, and comp. The M&A / RX model is very valuable for a junior banker but does lead to bad hours given that there's always stuff going on. Gugg top groups also have bad hours, but overall culture is probably a bit more chill. There are a lot of people who hype Gugg on this site, and it's a great firm, but would overall go with Moelis
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