Moelis vs Morgan Stanley LONDON

Hey everyone. I got 2 IB summer internship offers ( Moelis & Morgan Stanley) for London and I would love to know what you think.

Moelis: better salaries, (people seemed nicer in interviews), generalist ( which is cool ), more responsabilities however they mainly have RX and I am more keen on M&A.

Morgan Stanley: The name of the brand and reputation is much bigger ( At least in Europe, I think ), bigger deals on M&A.

On the other hand I am someone who wants to jump soon to PE and I want to know which one will give me more facilities.

And does anyone know which one has better work-life balance? which hours are harder?

So my question is, in general, taking into account all of this, what would you do? (LONDON)

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I'm in PE now and have several colleagues who were at MS London before. Obviously, exits are very strong from MS. However, everyone I know that has been at MS absolutely HATED it. They say that the culture was absolutely horrible and that the hours were insane. I have colleagues from 4 different groups at MS and they all tell the same story, so it might be difficult to find good groups. I also have colleagues from other top banks and groups in London who obviously worked a lot but still had a great experience. With that said, it all comes down to what you prioritize. If getting the best exit opportunities is the most important and you can survive 2 years at a place with horrible culture and hours, then go for MS. Moelis is still a solid shop and you will definitely get PE interviews from Moelis as well. I can also tell you from experience that it's very easy to think "sure, I can live through hell for 2 years", but actually doing it is much more difficult.

 

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