Starting your career at BX REPE vs. BB IBD
Hi guys,
If you had an opportunity to start your first career at either between BX REPE (acquisition team) vs. BB IBD, which decision would you make?
In terms of optionality, IBD seems to be much better cuz I heard if you start your career in real estate, it really pigeonholes you. I don't know if the story would be different for Blackstone.
But as a person who wanted to land at a mega corporate PE fund, starting a career at a buyside seems attractive. Still it would be real estate tho.
Just want to hear people's thoughts on this.
This question specifically has been covered a few times. If you are in EMEA/APAC BX is most likely a better option (higher pay, more interesting work, better prepared overall for a PE Associate role, and your profile will probably attract more HHs than BB analysts).
If you are in the US, given how MF ASS recruiting works, I honestly couldn't say. I will probably still take BX... but you might be safer if your other options are top groups at BB/EBs..
Are you choosing between the top BB groups (GS TMT/FIG and MS M&A) or “worse” groups (relative to a MF REPE offer) like GS NR/HC/REGAL or MS consumer, FIG.
May be worth considering group specific outlooks and your own profile (target/non-target, gpa, test scores, diversity) before making any decisions.
Voluptate eos qui in reiciendis. Assumenda explicabo ut dignissimos voluptas et. Ea adipisci beatae recusandae. Sit corrupti beatae aliquid atque aut.
Et sed animi veritatis quo sed qui et. Nulla vitae tempore quis et et. Tenetur aut iste facilis explicabo. Nihil laboriosam repellendus consequatur dicta enim recusandae.
Necessitatibus nam ut ipsum maiores alias vel. Asperiores rem autem accusamus omnis. Tenetur sit tempore dolorem et omnis corrupti. Beatae explicabo perspiciatis animi omnis.
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...