Moving to Europe from America

Alright guys, look, don't clown on me - I'm looking for some real advice. I'm an American citizen and I've always wanted to live in Europe ever since I studied abroad in London back in college. I have been to 20+ European countries all on different trips and have honestly wished I was european so many times. I was top of my class at a target and worked at a top BB in a top group in NYC but left IB for corporate so I have a solid overall resume. 

I've weighted going back into IB but I wanted a break from NYC - I didn't love the city during my 4 years there but know I'd love living in Europe for my late 20s/early 30s. I don't want to recruit for London banks because I didn't like London that much, but I've loved my time in places like Germany, Poland, Switzerland, Denmark, Sweden etc. 

Europeans, is this a poor career move just given the economic opportunity in America? Can I even recruit for IB/PE firms in a European country that isn't the UK if I only speak English? Or will I be required to speak German/Swedish/Danish etc?

7 Comments
 
Most Helpful

Ignore title, currently an associate on the buyside in London. Unfortunately, for IB you will likely require local language skills (even in London languages matter a lot but ofcourse English is fine). Most coverage teams are run out of London (Nordics coverage for example is typically run out of london, with smaller deals going to local banks). PE is generally more flexible from a language perspective (typically PE firms will invest cross border - i.e. Danish/Swedish PE firms will buyout German/French companies etc) but you’re competing with local talent who have done 2 years at a top London bank and eventually move back to their home country in a buyside seat so even this is tough. Unfortunately, finance doesn’t provide a lot of opportunity for international mobility. You’d have far better mobility aiming for large corporates wherever you want to work - FWIW out of the countries you’ve listed Sweden and Germany will by far be the easiest with Switzerland & Denmark being the hardest given visa problems. I’d aim for FAANG/Large Corporates or strategy consulting (potentially get a European MBA which will help quite a bit) - this will be the easiest path.

RE economic opportunity, I’ll say that you’d be shocked at how much lower salaries are in Europe relative to the US. Despite that COL & quality of life IMO is much better, so it really depends if you want a stable (and I’ll say “happy”) life then Europe is definitely an amazing place to be. If you want the same progression & opportunities you have available to you in the US then Europe will not provide this for you, people are generally less ambitious and there is more of a focus on WLB & family life. Frankly, finance is just a much smaller field in Europe take Denmark for example, their are only really 3 investment banks there and virtually 0 US Banks, and the big 4 M&A teams actually (Sweden is more open). You’ll have much more luck doing something like strategic finance, corporate strategy, marketing etc at a startup or large corporate who are more open to internationals.

For me personally, I’m currently based in London and trying to move to Denmark but have had virtually 0 traction, but I have had some luck in recruiting for Sweden.

Let me know if you want to PM and I’ll come off anon.

 

Officiis praesentium voluptatem atque quo provident veritatis rerum. Repudiandae quos esse ipsa. Facere est sunt hic odio quos mollitia recusandae reprehenderit.

Aut voluptate quibusdam ipsum earum similique officia cum. Explicabo quis quia a laudantium. Facere asperiores velit unde doloremque.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”