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There is reason we get "Moelis or bust" tattooed on our butts you know.
Tough to say. If you go to Moelis Chicago, it's likely you will get recruited by Chicago-based PEs (such as GTCR, Madison Dearborn, etc.). There are good PE shops in Chicago for sure (and a plenty of good HFs too). But it's in Chicago...
If you don't want that and if you don't want to live in Chicago, then try UBS in NYC.
If you had Moelis LA/NYC and UBS NYC, I would have said Moelis for sure. I just don't know Moelis Chicago well enough to say one is better than the other. I think Moelis Chicago does a good number of Telecom deals.
Personally, I would not choose to go to UBS...though it seems like some people on this forum think UBS has had some good positive momentum recently.
He's coming in as an associate so exits don't really matter.
To reply for analysts though, if you look online, neither of those firms have ex Moelis guys - from any region. Let along from the Chicago office.
GTCR and MDP tend to hire 90% of their classes from top NYC shops based on the data from the past three years.
I'd go with UBS NY.
When in doubt choose NYC
Thanks for your responses.
@ Salazar. Trying to gather opinions here to make an informed decision for my summer
I'm sorry, I overlooked the fact that you are coming in as an Associate. In that case, definitely Moelis. You don't want to be at a European BB as Associate+ these days. The pay is not that good, you are going to get a fairly significant portion of your year-end bonus in RSUs, regulatory environment not in favor of the big banks and definitely worse for the Euro BBs. Plus, since the general comp structure changed so much at BBs, there are a lot of MDs who aren't exiting / getting kicked out...creating a bit of a backlog of lots of EDs/SVPs who are up for MD promotion.
I would choose Moelis Chicago over UBS NYC as an Associate.
Mind sharing which tier MBA program you are coming out of?
Do you have offers already?
Hey thanks for the response. Gives me great insight!
Wanted to resurrect this post. Choosing at associate level Moelis Chicago vs UBS NY. How are exit ops, deal flow, exposure to the finance network. Please help decide. Thanks in advance!
I was under the impression that MBA associates were targeting the MD track rather than exit opps?
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