Thoughts on Houston/Dallas instead of NYC after graduation

I'm curious what everyone thinks about IB in Dallas or Houston for a class of 29 recruiting this coming sem. 

Potential Upsides: no state income tax, cheaper cost of living, shorter commutes, more space, more affordable social scene, anecdotal reports of better culture (although, I have not heard hours being better), good weather. 

Potential Downside: Mostly energy and industrials, worse exits, worse networking, less optionality after analyst years. 

If anyone has thoughts after spending time in the respective places, I'm curious to hear your opinions. 

 

2 Comments
 
Most Helpful

Sunt magni asperiores laborum dolor aliquam. Quaerat officia voluptatem quis nihil impedit consequuntur consectetur earum. Sequi temporibus animi minus. Quasi labore maxime aut. Qui eos voluptatem saepe qui ducimus. Sed dicta sapiente sed. Harum maiores nihil quia blanditiis.

Et qui qui aut ea non illum nihil. Officia et est deleniti excepturi.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”