MS Tech Menlo vs M&A NYC

Hello. I just want to explore the similarity and difference in terms of experience one might get from these two groups. I understand that they are both prestigious, but I'd like to have an up-to-date comparison to help me evaluate the options. I go to a target and am currently exploring different groups at various banks, and I havent been able to find a comprehensive post about these two groups on this site. Any inputs would be appreciated.

16 Comments
 
"hcet"

I am just curious about how the interaction between the product groups and the industry groups work and how that might make MS M&A's placement record so great. Do the industry groups only do really preliminary modeling for pitching and once a deal comes in the M&A group does all the detail work?

Can't speak to MS in particular but by-and-large coverage groups hold relationships and M&A executes. By that I mean the ongoing pitches and relationship decks come from Coverage. Maybe with some M&A if you are pitching some roll up or MOE.

Once it moves to an actual transaction the deal model and general process is run out of M&A and coverage sits in the backseat. There are exceptions.. Healthcare groups sometimes hold models if it's Biotech/Pharma as does O&G and FIG

 
Best Response

If you have an offer from both MS NY and Menlo (as I believe they do separate processes), it is a matter of what you think you want to do after more than anything else. Both groups work extremely hard, with execution elements. MS Menlo does Tech work only, and so if you are aiming for anything tech-related or on the West Coast after, they are a good pick. MS M&A places very well to generalist PE, and while it probably does send people to tech MFs the guys I know there go more to generalist MF

Working on a combination of execution and pitching / relationship building is probably also more interesting than just doing execution, so from this perspective MS Menlo might be slightly better. Overall, the major difference maker is what you think you want to do after

 

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