Hey fellow monkeys,
I'm sure we all understand the springboard that a BB job would provide for a career in Finance, however, HOW IMPORTANT exactly is the BB offer?
What I'm saying is. Assuming the following scenarios.
Offer at MM Bank vs Delaying graduation (for eg. Doing Honors Thesis, 6 Months Internships, MFin etc.) to try again for BB offers.
What would be your decision?
Advise needed.
Cheers!
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Take the MM offer you fool
i think you would be silly not to take the MM offer
Take the offer. Working at a BB isn't important. I made a decision not to even apply to BBs. Still don't have an offer......
UBS is a BB, but I'd rather work at McDonald's... At least they didn't lose 30% of their market share in the last 6 mos.
take MM. depending on the firm it could be a better opportunity. Lots of people turning down BB NY offers for top MMs
I would work at many of the MMs over a decent amount of the BBs. Not even joking.
I'll admit that I don't know which MM you have an offer from, but if you're so foolish as to think ALL of the BBs are better than every MM offer, then you deserve the unnecessary risk exposure.
can you share which MMs you are referring to? not trying to get into a whole ranking discussion here but some MMs are on diff levels of others like Houlihan and Piper vs Jefferies HW Guggenheim etc...
What are you talking about sir?
The general ranking for MM banks should look more like:
In terms of Jefferies being the next BB to replace UBS? That'd be up for discussion but UBS will retain its brand name in the IB world simply due to its previous calibre for the next few years
Actually, decline your MM offer so someone who isn't completely stupid can get the job.
You gotta be kidding me.
It's obviously a no-brainer. Why defer graduation if you have a FT offer?
Haha, who's the bitch stuck working at UBS?
HAHAHA
BB"s are a great option if you want to have your bonus eaten up by severance packages given to the divisions being cut while you toil away for 19 hours on an easy night.
i think this kid has had enough
I'm from Asia. So the MMs that I'm referring to are not your Houlihan, Jefferies, Lazard etc. I'm referring to the likes of DBS, ICBC, CIMB.
Especially when the consideration is in Asia, these banks pay half of what the BBs are paying (although with the perks of better work-life balance)
Lazard, HL (RX), and Jefferies are not MM.
damn, half the pay, but better work life balance? and still get to have banking on your resume? I'll take it.
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