Tech Boutique Investment Bank in New York vs. Corporate Banking at MM bank in Chicago

I have an offer from a boutique Tech investment bank in New York and Corporate Banking role at Middle Market bank in Chicago. Both would start following my graduation in the spring. Which should I take?

My goal is to pursue a long-term career in investment banking at a Middle-Market or BB bank but that is not going to workout right out of college. I have been forced to take a slightly different route so which do you think will set me up best for a career in banking? Is the strong Middle Market name of the bank with the Corporate Banking role enough to outweigh an IB role at a lesser known boutique?

Thank you very much.

2 Comments
 

How strong is the tech boutique? There's lesser known boutiques that are very strong in their own space like Financo, Ducera, Valence and other that are still decent places of employment but not "strong" playerse in the space.

If you want to pursue IB I think that boutique IB is generally better unless it's some shitty 4-man shop. If you think you'll get valid modeling experience at the boutique, I'd take the boutique. Being in New York vs Chicago will also help.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (27) $183
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”