Right out of undergrad : BB IB or MM PE ?
PE MF vs BB IB right out of undergrad is a no brainer.
But what about PE MM vs BB IB ? Pay slightly better in BB IB, lifestyle slightly better (depending on firms, could be significantly better) in MM PE, so I guess it all comes down to exit opps (or more precisely post-analyst years opps).
I suppose BB IB analysts are better positioned than MM PE analysts to get MF PE associates roles. But many BB IB analysts don't get MF PE associate offers and eventually end up in MM PE firms.
Would it make sense to chose a MM PE analyst offer right out of undergrad over a BB IB analyst offer ? Regarding long-term career prospects does spending 2-3 years in IB before joining the buyside confers an advantage vs going directly to the buy side ?