Toronto vs. NYC
Hi everyone,
I am an undergraduate at Georgetown University. I am thinking about working in Toronto after college (I am a Canadian Permanent Resident). Is there a huge difference in opportunities and comps compared to NYC?
Also, I was wondering if it will be more competitive to get into a Canadian top bank than an NYC one just because of how few people they hire.
Thanks in advance for your inputs.
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Massive difference in comp and opportunities. You will make less, and buyside spots are few and far between. Trade off is lifestyle on aggregate is better.
As for competition, couldn’t say.
Worlds apart on both comp and opportunities. I would consider Toronto a tier 2 outside of probably metals & mining. Competitive but less so than NYC. There are less than a handful of target schools and a lot of those kids recruit for the US anyway.
Two different worlds. It’s not even comparable tbh. Places like Toronto and London are pretty terrible options. If you are at a top school like Gtown, getting into NYC banking is pretty straightforward.
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