I'm only optimizing for MF exits (BX/KKR/APO) and will participate in on-cycle upon starting. Would a top BB group like MS M&A/GS FIG/GS TMT/MS MP/JPM M&A/JPM HC or a normal EB group like EVR/LAZ/CVP/MOE/PJT be better? I've heard BB's discourage on-cycle but still place well (better?) but also that it all comes down to the candidate. Any thoughts are helpful.
| +137 | Return Rates For Interns Are Falling? | 44 | 5h |
| +128 | UBS Americas IB: The Kids’ Table of Wall Street | 15 | 3d |
| +73 | London IB BB is a challenge | 40 | 4h |
| +71 | I am a drunk MD AMA | 33 | 5h |
| +61 | VP Lifestyle at Top BB Coverage Groups | 39 | 2h |
| +46 | SharePoint makes IB hours HELL | 15 | 1d |
| +46 | An Outsider’s View of RX Banking Out of College | 6 | 1d |
| +42 | momentum of Rx groups | 15 | 5h |
| +39 | Fired during interview | 8 | 9h |
| +28 | Weird Majors->IB ? | 22 | 2h |
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.
PJT RSSG > GS TMT & MS M&A > JPM HC & M&A > EB M&A
EDIT: all the EB analysts are simply Salty (05/06/2023)
-
Grats on JPM
-
feel like below GS TMT & MS M&A would be other top 2-3 GS/MS/JP & top 1-2 M&A groups at EVR/LAZ/MOE/PJT/CVP
but once you land the interviews (whether on-cycle or for FT), basically comes down to how well you do in the interview room.
there's also other factors like your school, gpa, etc. that probably can distinguish candidates more than group A at this bank vs group B at another bank.
my 2 cents.
Makes sense to me, my opinion is it looks like this below:
PJT RSSG, EVR M&A, GS TMT, MS M&A
PJT M&A, EVR RX, GS FIG
Other top BB groups (GS HC/C&R/IND, MS M&C, JP M&A/HC) and other good EB's with strong recruiting culture (i.e. Moelis, LAZ, HL RX)
Then the next slot of BB groups (i.e. BofA FSG, JP M&C, too many to name) and good EB's but maybe without a strong recruiting culture like PWP, CVP (not because they can't, but that less people want to do so)
Just an intern, but have done research on MFs for recruiting and MF spots seem to be taken up by the above and it's harder from groups/banks not on this list to get MF, but still doable. These just seem to be the groups where there are solid, consistent per capita placement.
GS TMT is definitely above PJT RSSG lol; i think anyone would take that unless they are very interested in Rx. No slight to my Rx boys over at PJT.
Everyone I know would take PJT RSSG in a heart beat.. their exits are unmatched
Wdym salty..?
Where does MS gpug / sponsors stand
believe sponsors is below GPUG in terms of exits but might have a better culture/lifestyle. GPUG exits analysts to MF consistently. Sponsors might be more industry agnostic, while gpug obviously a little bit more specific.
GS FIG historically has strong & common Apollo exits.
-
JEF - Energy
Actually curious - what do exits look like for this group?
EVR/PJT m&a/rx >= GS TMT/MS m&a from exits pov with better pay
PJT M&A does some 10-15m deals
What are the exits from EVR/PJT/LAZ PCA group?
Would love to hear input on this. Hard to beat EVR PCA pay too! I’ve heard of associates making 800k but that may not be from a good source…
Bump
-
-
Anyone have updates re first couple nights of on cycle/know anyone recruiting from top groups?
Bump
Bumping here
Consequatur fuga nam voluptatem maiores qui tempore eius. Iste est doloribus doloribus ipsam. Consequuntur sunt autem sed possimus totam similique aliquid. Illo aut sunt a accusamus ducimus ipsa.
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...
Veritatis harum voluptates officiis nihil recusandae explicabo repudiandae. Enim sequi qui nemo deleniti voluptas ab. Accusamus qui rerum quod omnis eos nisi cupiditate minus. Mollitia architecto eius quasi rem enim exercitationem ipsum. Quia architecto qui dolorem maiores quae et. Dolores dolor inventore quia sint et.
Labore rerum et explicabo qui. Tempora dolorum non sapiente ratione. Omnis commodi vel cum excepturi expedita non voluptates.
Et doloremque quia possimus eos sunt. Repellendus natus perferendis consequuntur aliquam natus accusantium. Dolores quia esse molestiae aliquid aut.
Nihil non iusto eveniet architecto commodi reprehenderit. Molestias est tenetur recusandae aut. Rerum odit velit voluptatem.