Where do analysts live in Charlotte?

Assuming most of the banks are in Uptown, do analysts just live in Uptown and just walk to the office? Or rather do the majority live in Southend, which I've heard is where younger people live. If Southend, I imagine there has to be some sort of reliable public transport as it's a bit over mile to the banks in uptown. I'm just a bit unsure of the logistics or what is normally done. 

Thank you all. 

 

You the same intern that asked this question two weeks ago? If not, feel free to look through my post history for this answer.

Just had my trade dispute rejected by Schwab for a loss of 35k. This single issue alone should be a gigantic red flag to anyone who trades on their platform. If they have a system error, and you do not video record your trading (they actually said this), they will not honour their fuck up. Switching everything away from them. Fuck this company.
 

Having done both, and based on what you're filtering for, live in south end & take the light rail to commute uptown. Also - my experience a few years ago was that Charlotte's an easy place to meet people, but if you want an extra bump on the social front, filter by buildings with a pool... there's a sufficient mass of people with more '9-5, M-F'-type jobs that weekend day-drinking is virtually guaranteed; another way to meet people or good excuse to invite new friends over.     

 

The reason why rent is cheaper in the north of the city is because of the crime rate, look it up.

 
Most Helpful

If you're deciding between south end and uptown, go with south end. From the perspective of commuting: the light rail is a great option, super-easy to use, quick and with good frequency at peak times, so you're not really 'losing' that much relative to living uptown and being able to walk. From the perspective of life outside of work: south end is livelier on average; while there are plenty of happy hour options uptown during the week, it ~shuts down on the weekend relative to the activity in south end. Proximity to work is really the only reason to live uptown, but south end allows you to keep that proximity while picking up more added benefits.

Also, uptown isn't really a neighborhood - it's a business district with random pockets of housing... if you're looking at places uptown, make sure you know which of the four wards it's in and ideally, visit in person first. Historically, First Ward was a rougher section, but it's fine; Second and Fourth I don't think have much rental inventory (though there may be some new 'luxury' buildings in Second); Third you're either tucked out behind the Panthers stadium in some isolated, older mixed housing stock or right in the center of uptown in newer towers. Which brings me to my last point... if you're looking at places that are cheaper uptown than the ones you're looking at in south end... go with south end. The majority of junior people living uptown do so in the newer luxury high-rise buildings which, unless my info is outdated, are more expensive than comparable buildings in south end.      

 

Lived in Uptown when interning and loved it, got to wake up way later than the kids commuting from south end/other places and would get to uber to bars/breweries without looking like a lazy person. My theory was that if you’re working in IB, you’re not really going to get to go out during the week anyway so might as well make life easier during the workweek. I would go home for lunch occasionally, get a workout in during dinner hours or just go change before a late night. I’m living in Uptown again and a lot of people I know have chosen too as well. 

 

Interesting...this is definitely a different perspective from the others here. I was honestly about to settle with just South End, but "commute" time is important to me. It sounds like others are saying the light-rail service is very frequent and convenient, leading me to believe that unless you live within a block or two of your office Uptown, then light-rail from South End would be just as quick if not faster? The only issue I can see are the late nights (which would be frequent I presume) and getting back to your apartment with the light-rail. Appreciate it.

 

Why aren’t people considering NODA, since there’s some new builds there and it’s only 15min by light rail.

 

From what I have gathered:

single: southend/uptown

married/kids: off providence/ park road (these are boundaries anything inside of those south of the city is fairly nice)

seems like the goal is to be in the dilworth/queens area but that takes some serious cash. Basically depends on what you’re willing to commute, farther out = more savings = more travel time on a long day. 
 

choose wisely

 

It really comes down to what’s more important to you: your method of commuting vs. living within walking distance of where you’ll likely go out with friends. If a walking commute is more important, go uptown. If being closer to where you’ll go out is more important, go south end.

Anecdotally, seemed like a lot of analysts I came across did their analyst years in uptown. Most of these same analysts that stayed in CLT for PE then moved to south end.

Also in terms of folks I know outside of finance, none live in uptown. Almost all south end / dilworth

 

Reiciendis quaerat qui corporis dignissimos dolor nihil qui. Molestiae et et quia ut. Voluptatum hic rerum aspernatur sequi quas. Voluptatem magnam doloribus quos odit consectetur similique. Esse perspiciatis expedita enim cumque.

Corporis ut veritatis minus reprehenderit qui vel veniam. Dolorem iure blanditiis itaque quasi id distinctio eos sit. Eos magni quia inventore exercitationem laborum. Officiis sed cum cumque quas corrupti dolorem.

 

Quod autem quis voluptas voluptatem consequatur sit velit. Omnis sed veritatis quaerat suscipit recusandae maiores saepe. Eos perspiciatis qui culpa ipsa non voluptatibus. Laboriosam sit placeat voluptas. Qui non ipsum et distinctio eius aliquam. Qui sed ratione dolorum mollitia quia.

Aut unde voluptas veniam vel. Voluptas magnam labore et nihil. Assumenda quaerat ut quam dolorum similique aliquid voluptatibus. Quia excepturi quia non eveniet consectetur quaerat. Velit fuga aut aliquid dignissimos. Facere dignissimos aperiam autem. Voluptates in rerum quasi aperiam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”