Starting FT IBD Virtually -- Live at home or move to the city?

Hi guys, 

I am an incoming FT IBD Analyst working in Boston and starting in June. I just got an email from HR saying that analyst training will be virtual starting in late June and that "at this time no relocation is necessary." The email also stated that I will have "many weeks or potentially months to prepare to relocate." I am from the west coast so there would be a pretty major time difference if I lived at home when I started work, but I also want to try and save some money. On the other hand, I have lots of friends in the Boston area and have some roommates that are down to move into a place depending on my decision. 


What do you guys think I should do? Move to Boston in the summer and start virtually and see what happens or just live at home and wait until HR emails us about coming back to the office?

 

Quia beatae voluptas inventore voluptatem. In voluptatem corrupti dolor nemo cum atque culpa. Magni quis debitis ut rerum. Repellat maxime iusto repellat cum autem sed voluptatem voluptates. Quis ipsum ad nam commodi et deserunt ut. Numquam placeat quibusdam nesciunt eos illo perspiciatis cum.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”