I received summer associate offers for Guggenheim NY and BMO Chicago. Given the minimal exit ops for post-MBA associates anyway, I’m mostly comparing on the basis of where would be better for a career in banking. Leaning BMO given that I like the culture/people and the path to senior banker seems clearer compared to Guggenheim. Any advice would be greatly appreciated.
| +247 | Who Killed Wall Street | 71 | 28m |
| +223 | UBS Healthcare | 44 | 8m |
| +198 | Worlds Worst MDs Competition (2026 Edition) | 46 | 9h |
| +187 | Only Indians cold emailing | 53 | 2h |
| +125 | Lindsay Clancy - Thoughts from A2 | 22 | 4d |
| +58 | More diversity needed in the industry | 11 | 1d |
| +53 | Shana tova - happy new year | 9 | 11h |
| +51 | Did My Team Set Me Up to Miss VP? | 24 | 15h |
| +48 | NYC Wall Street Run Club | 13 | 1d |
| +45 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 23 | 3h |
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.
In my opinion, Guggenheim and it's not close. BMO headquarters is in Canada, so I'm guessing you would be doing industrials MM coverage in Chicago. Gug pays really well, is private, dope office and you are at HQ, just landed the Red Hat deal among others, etc. BMO you're gonna be going to a regional outpost...which makes it harder to play the politics game for senior banker.
BMO's US HQ is in Chicago, Canadian in Toronto
Definitely Gugg over BMO, irrespective of office, just looking at pestige and quality of firm alone. Add in NY vs. Chicago and you'd much rather pick the former.
If you're a career banker not seriously concerned about exits, I don't understand why NYC is definitively better than Chicago.
If you're a career banker, you'd still want to keep your options open in banking itself. Given cyclicality and turnover in the industry. You can always switch from a better firm & city to a lower tier one, going the other way is much tougher
.
Voluptatum sunt aut beatae et aut iure. Corporis nisi eum id et provident. Fugiat minima quo incidunt repudiandae dolorem. Modi id illo nobis sunt at ut autem. Quasi similique dicta quis pariatur saepe.
Cum ut sapiente perspiciatis maxime. Dolore molestias et provident porro alias et. Praesentium saepe doloremque hic ea placeat. Sequi asperiores cumque explicabo voluptatum ex molestiae.
Et suscipit possimus molestiae. Ut inventore nam illo ratione perferendis et. Nulla atque necessitatibus praesentium nam. Ducimus enim blanditiis perferendis corrupti. Ipsa ut quo porro qui explicabo.
Eligendi enim voluptatem dolorum enim odit nisi beatae aliquid. Error inventore tempore doloribus dolore quisquam rerum sequi minima. Quo at eum hic doloremque est.
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...