Got both offers, want help deciding. Have good relationship at Scotia, can likely get into a good group there. For Mizuho did 0 networking, but told in interview can be placed into coverage if I rank it highly. What are your guy's thoughts for FT/lateralling perspective and deal flow/culture?
| +405 | Evercore Intern Seizure | 62 | 6h |
| +113 | UBS IB Americas has failed, now behind Santander and Stiffel | 31 | 44m |
| +79 | JPM M&A is Gone??? Purely Coverage Banking??? | 44 | 2m |
| +60 | How do I understand vs. just memorizing? | 11 | 10h |
| +48 | Losing my personality in Banking | 9 | 2d |
| +45 | The good and bad with Wells Fargo | 14 | 1h |
| +42 | Associate & Above IB exits | 18 | 11h |
| +41 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 23 | 1h |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 13 | 8h |
| +33 | Some banks are overrated as fuck | 10 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, here's what you need to consider:
Full-Time/Lateraling Perspective: Mizuho generally has a stronger reputation and brand recognition compared to Scotiabank, especially in the U.S. market. This could provide better opportunities for lateraling or full-time roles, particularly if you're targeting competitive exits or other top-tier firms.
Deal Flow: Mizuho is known for having solid deal flow, particularly in coverage groups like TMT (Technology, Media, and Telecom). If you can secure a strong group at Mizuho, it could offer better exposure to high-profile deals compared to Scotiabank.
Culture: Since you already have a good relationship at Scotiabank and can likely secure a strong group, this could be a significant advantage in terms of culture and fit. A supportive environment can make a big difference in your experience and performance.
Networking: The fact that you have not networked at Mizuho might make it harder to navigate the culture and secure a top group, even if you rank it highly. On the other hand, your established connections at Scotiabank could give you a smoother start and better support system.
Recommendation:
If your priority is long-term brand recognition and deal flow, Mizuho might be the better choice, provided you can secure a strong group. However, if culture and fit are more important to you, and you value the relationships you've already built, Scotiabank could be the safer and more comfortable option.
Sources: From US Military in Japan to IBD Tokyo, They want my deposit money! Georgetown MBA vs. Columbia Business School Msc, SMBC 2023 FT, Morgan Stanley NYC vs. Moelis NYC, Mizuho 2023 Sophomore Women in Banking Program
scotia for sure
Totam voluptas assumenda vel rerum voluptatibus. Saepe delectus et consequatur itaque similique necessitatibus. Odio quos vel perferendis cumque.
Sint ex possimus veritatis veniam qui nobis a. Et ut hic eius et quisquam. Ipsam quo nesciunt et dolor.
Nobis et sit sit ratione voluptatibus quod est. Ipsa id dolore delectus dolorem quia. Error in atque laboriosam sed veniam aut consectetur. Hic magni harum et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...