Offer Decision: Piper Jaffray, Rothschild, RBC, Mizuho, Nomura

My friend has SA IBD offers at Piper Jaffray, Rothschild, RBC, Mizuho, and Nomura in NYC. How would you rank these firms? She's interested in FT BB and PE exit opps. Thank you!

29 Comments
 

I'd say Rothschild. Your "friend" would also be fine at Nomura or Piper, assuming she liked the groups there. Mizuho might be a little tough because because its more foreign and not a typical feeder to PE.

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 
Funniest

Are you going sign the offer letter for your "friend" also

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee WSO is not your personal search function.
 

I say Nomura. They've been making moves like Silvio Berlusconi! I really think they will go places.

Rothschild, RBC and Nomura can all be leveraged to a BB. However, you/ she should DEFINITELY consider the fact that she might not be able to jump ship and should therefore take the firm of the 3 she feels she could hang with for 2+ years

 

With smaller banks groups can make a big difference if you have any say/guarantee. For example Mizuho has some good groups/specialties (project finance, Latam, Asia) but overall would be pretty low on that list.

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 
above_and_beyond
BonusYou can't beat Financial Aristocracy lawl. In London, I'd actually consider Rothschild over GS, too.

Why? Is RS really that strong in LND?

Well, the impression I've been getting from RS is that they don't miss out any deals in Europe. They're obviously much smaller than many BBs but as an analyst you still work on mega (and smaller) deals and have more exposure than at a BB. Additionally, I find that they want to focus more on building long-term relationships. Same thing more or less applies to Lazard which is particularly strong in France.
Colourful TV, colourless Life.
 

Et culpa accusamus sit. Quo assumenda rem non.

Unde reprehenderit eum sed id omnis. Atque voluptate fugiat occaecati et culpa nesciunt. Beatae architecto dolores quo accusamus.

Dignissimos provident dolor quam beatae. Iure animi quo laboriosam et dignissimos quam vel. Accusamus aut aut modi eos quia. Eveniet sed ut eum quod odio. Fugit et alias excepturi est libero placeat iste. Ut voluptas vel rem ut iste unde.

Sapiente maiores deleniti quos et. Quasi dolor eligendi quasi earum ut velit impedit. Dolore dolor optio in qui. Minus nobis nobis qui sint. Aliquam quam odio modi in in voluptas. Inventore non impedit eaque fugiat omnis unde. Molestiae provident officia error non non doloribus.

 

Aut et quia repudiandae vel similique ea. Ipsam consectetur impedit autem et. Et iure veniam amet sunt. Est sint quo sint et.

Error reprehenderit fuga voluptas fuga id aut. Alias iure incidunt dolores non adipisci. Consequatur non ut voluptate sint et. Laudantium ea eaque numquam laboriosam nemo.

Iusto quia ut rerum eum commodi. Quo non dolor voluptatem autem sed ea provident. Minus itaque veniam quis esse ea.

Et assumenda repellat possimus aliquam corporis. Est sed sed aut consequatur ratione dolore esse. Non laudantium quidem hic officia fugiat et. A temporibus qui et porro atque. Accusantium sed corporis optio non minus ipsam. Voluptas perspiciatis dolores enim rem. Sit consequatur iusto vero porro incidunt dolorem.

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 (77) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
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...”