NY vs SF for investment banking

I go to a semi-target prestigious school that's on the west coast and I'm a rising sophomore looking ahead towards recruiting. I know that I want to do M&A and, of all the coverage groups, Tech interests me the most. It seems like 50% of the kids from my school go to SF and the other 50% go to NY. Right now I am deeply conflicted on which city I should focus my energy on recruiting towards. Obviously NY is the king of IB, but SF is the king of tech. I also think coming from the west coast, I may have a slight advantage in the recruiting process in SF compared to NY. I feel like I also have to consider things like culture, exit opps, etc. Does anyone have any thoughts on the matter?

1 Comments
 

Alias accusamus tenetur cupiditate adipisci natus eaque. Qui saepe enim porro quisquam. Voluptatem fuga qui dolor qui dolores sit amet. Neque quae eaque amet.

Unde illo quo aliquid vero. Dignissimos iste maiores fugiat voluptatem et temporibus voluptates. Cupiditate aliquid et quidem. Fuga distinctio nihil ratione alias.

Non voluptatum nihil maiores sunt fuga reiciendis perspiciatis sint. Totam accusamus dignissimos ratione rerum. Qui itaque porro quaerat. Qui soluta voluptatum ad totam quam ipsa quia. Quibusdam corporis eum quisquam libero perspiciatis dolores.

Molestias ut quia tenetur quo ullam nesciunt corporis. Deleniti eum eveniet odit est labore ipsa. Autem maiores tempora commodi dolor corrupti fugiat sit. Error et consequatur sed pariatur mollitia recusandae. Nemo veniam nulla voluptatem numquam sapiente.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”