Top BB Continental Europe vs low BB London

Fortunate to hold 2 FT offers. One from a low BB in London where I converted my summer internship and the other from a top BB in Paris/FFM. My ultimate goal is large cap PE in London and I also want to go back to London asap as I prefer to live in that city. I am conflicted as with the low BB I would probably need to lateral to a better bank before aiming for PE which is not guaranteed. With the top BB I would need to do 2 years in the local office before requesting an internal transfer but that means 2 years far away from my friends there. Ideally I could exit directly to London PE from continental Europe but I guess it is not common.

What would you recommend me to do?

4 Comments
 

Based on the most helpful WSO content, here are some insights to help you decide between the two offers:

Considerations for Top BB in Paris/FFM:

  • Reputation and Training: A top BB in Paris/FFM will provide strong training and a reputable brand name, which can be advantageous for your resume.
  • Internal Transfer: After two years, you could request an internal transfer to London. This path is more structured and might offer a smoother transition to a better position in London.
  • PE Exit Opportunities: While it is less common to exit directly to London PE from continental Europe, the top BB brand might still open doors for you in the PE market.

Considerations for Low BB in London:

  • Location Preference: You prefer living in London and being close to your friends, which is a significant personal factor.
  • Lateral Move: You might need to lateral to a better bank before aiming for large cap PE, which is not guaranteed and could be challenging.
  • Immediate Network: Being in London immediately allows you to start building your network in the city where you ultimately want to work.

Recommendations:

  1. Top BB in Paris/FFM:

    • Pros: Strong brand, structured internal transfer process, solid training.
    • Cons: Two years away from London, less common direct exit to London PE.
  2. Low BB in London:

    • Pros: Immediate presence in London, close to friends, start building your network.
    • Cons: Potential need for a lateral move, less prestigious brand.

Conclusion:

If your ultimate goal is large cap PE in London and you value the brand and training, the top BB in Paris/FFM might be the better long-term choice despite the initial two-year commitment away from London. However, if your immediate personal preference and network-building in London are more critical, the low BB in London could be more suitable, keeping in mind the potential need for a lateral move.

For further insights, you can refer to the WSO thread on advice for new analysts seeking PE exits: https://www.wallstreetoasis.com/forum/investment-banking/advice-for-new…</a">Advice for New Analysts Seeking PE Exits.

Sources: Choose Between Two Offers (BB/MBB) - Looking for Advice, Q&amp;A: MBB Manager Continental Europe, Advice for New Analysts Seeking PE Exits, Oliver Wyman London vs Bain in Continental Europe, Do banking and PE make you a better business owner?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

The move here is definitely going to the top bb. Just look at LinkedIn, many folk go back to London from the continent to do PE. I used to be at a lower BB in London and your comp is worse + the looks you get are not the most amazing either…

 

At quod ipsa ab eos fugiat molestias vitae praesentium. Voluptas omnis delectus aliquam molestiae et cupiditate distinctio. Enim ut temporibus quisquam architecto sunt labore rem. Eum et delectus nesciunt dolores expedita.

Sit sequi sit molestiae et maiores suscipit harum dignissimos. Dolore delectus est labore sit.

Est aliquam ex odit sequi vel deleniti consequatur consequatur. Est doloribus nisi voluptatem occaecati similique. Et sapiente voluptate odio ipsum rerum est et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 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 97.7%
  • 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 (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
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...”