Asking in earnest—please forgive my naivety.
Why do so many people want to work in IB in NYC? Given the high cost of living, relatively small cost-of-living adjustments in IB, and the fact that folks hardly have time to enjoy the city, why don’t more people opt for places like Houston, Chicago, or Charlotte—especially for associate level positions and up?
Would love to hear perspectives from those in the industry!
| +158 | Piper Sandler in talks to acquire PWP | 68 | 9h |
| +155 | Just One More Year | 11 | 3d |
| +119 | UBS Appears to be Exploring Sale | 19 | 12h |
| +86 | Paradise Is Paradise | 6 | 15h |
| +81 | Bringing Deals as a Vice President | 25 | 22h |
| +50 | Drunk VP. How to manage? | 20 | 2h |
| +38 | Q&A | Investment Banking Analyst, UBS | 2 years in investment banking | 11 | 2d |
| +32 | M&A is Paradise | 1 | 3d |
| +31 | Will they pay Directors $1mm+? | 14 | 3d |
| +27 | Best Groups at UBS NY | 10 | 2d |
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.
Fugiat reprehenderit quia deserunt. Ut odio dolor veritatis dolore voluptate. Asperiores ipsam et consequatur similique.
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...