Remote SA 2021 - Should I Live in NYC?

My upcoming SA program in NYC is going to be remote. Are there any reasons to find housing and live in the city? How beneficial would it be to be able to meet with/network with coworkers who are living in the city? If potentially interested in lateraling, would it be worth living in the city so I could also meet with people at other banks? Thanks.

3 Comments
 

I honestly don’t think it’s worth it. Save on taxes, rent, and higher costs for food etc. and work from home.

If you’re worried about networking just be proactive and reach out to people in your group/other banks and just hop on the phone/video call with them. A lot of bankers aren’t in NYC for the reasons I mentioned above and offices may not be open.

 

Agree with this. Full-time employees will just be trickling back into the city and in-person coffee chats will not be the norm. 

Live somewhere fun (cool Airbnb in a great location) or stay where you are and save money, but you have the rest of your life to live in NYC and there's basically no benefit to being there besides wasting a ton of money on rent.

 

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