MS vs MOE vs JPM vs BOFA
See title. All generalist offers and would have to go through group placement. Have a couple weeks to decide and not sure which to pick. Have heard MS wins on prestige but is losing market share.
MS=JPM>MOE>BofA. Only reason for this ranking is that MS/JPM on average have better groups than MOE or BofA. So your risk of getting screwed at a weak group is somehow limited
Which would you choose between jpm and ms
Ignore title I am An3. This is given you don’t know what group you’ll be in. This is also my own generalizations from what I have observed and talked about with friends. Technically these are all great places to start a career in with the right group.
Pay:
MoCo>JPM>MS>=BofA.
Historically, MS hasn’t been best comp wise at the analyst level (generally speaking). Back when I was in college BofA used to pay well, but it seems like they’re in a slump now. Who knows how long it will take for BofA to turn it around.
Exits:
MoCo LA>MS>=JPM>=MoCo Other>BofA.
Again, this is assuming you have no idea which group you’ll be in. MoCo LA is #1 due to consistency and focus on M&A/RX deals. Maybe it’s due to their bias for target schools, but I’ve also seen MS kids exit well very broadly. It edges out JPM by a little imo. The rest of MoCo is also great but know there are some groups, since moving away from is generalist program, that are notably weaker than the rest or very niche.
Hours & Stress (most to least)
MoCo > MS>JPM > BofA.
MS & MoCo are both broadly sweatshops. MoCo imo edges out MS due to precedence, even despite the rework in 2021 (if I remember correctly). JPM has a lot of really sweaty groups too (industrials, HC, M&C, etc.) but I also know they have more relaxed/non-toxic groups in their mix. BofA same thing but to a lesser extent than JPM, have met some people who genuinely enjoy their groups as well. To be clear, you’ll be working hella hours in most groups (unless you’re an fsg banker lmao).
Longterm banking career:
Whatever group you enjoyed talking to the most. People keep you long term not prestige…
Honestly this is golden.
largely agree with this also given group placements at each I think Moelis may edge out the others because I think on average you get great reps at all of their groups (though hours vary widely) vs MS and JPM where groups really matter. Wouldn't consider BoA in same tier at all but not bad option. However if you could guarantee MS M&A then i think that's the absolute best group on wall street for exits
surprised about the comment on fsg, I thought it was usually one of the sweatiest group due to PE pressure on deadlines. Could you elaborate a bit?
Tempore voluptatem perspiciatis laudantium et aut temporibus. Eos voluptatem necessitatibus ut amet quibusdam consequatur qui quis. Dolorem sed tempore dolorum pariatur optio quo.
Minus corporis id modi quam reprehenderit reprehenderit debitis. Aut illum possimus fuga soluta esse. Deleniti natus dolores amet eos neque iure.
Tempora quae aliquam unde mollitia necessitatibus. Libero est alias fugiat consequatur consequuntur et. Provident laborum maiores est cum assumenda quis. Et illo non fugit voluptas eum sit quas repellendus. Vel similique accusantium dolorem molestiae sit. Enim corrupti natus necessitatibus repellat molestiae voluptatibus.
Fugiat aut temporibus ipsam alias. Dolorem illo nesciunt incidunt id architecto tempore ea commodi. Totam ut molestiae quis consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...