Working in Greece

Going to work in Greece as full time IB Analyst at a firm that does the most deals in Greece. From Canada. First IB job. Would I be able to go back to Canada/the US? How useful is foreign experience? Does an experience in a big firm in small countries look good at all?

16 Comments
 

New prime minister has been cleaning up the economy a lot and as a result a lot of foreign investment has been going into Greece. He did a good interview on Bloomberg recently actually I would recommend watching. I would imagine a large influx of investment into the nation is a good thing for deal flow.

 
Most Helpful

I assume you have some kind of connection with Greece to be doing this (half Greek or speak the language at least). IB there can be a sweet gig given low cost of living and decent comp - obviously lower than major EU hubs. The GR market is in a really good place atm with strong dealflow across products (more capital markets less M&A). In terms of sectors FIG is driving the market with Infra/Utilities/Energy being 2nd place and then all others. Some RE, HC, C&R and maybe Tech. Privatisations have been a big driver of dealfow but that's largely over now with the de-investments from the banking sector and airport IPO soon, so private sector is stepping up. NPLs are also mostly sold now. The truth is that large cap / landmark deals are dominated by the big guys (GS, MS are miles ahead and then you often see BofA, Citi, UBS for banks, RTH and Laz for RX with the latter two pricing ridiculously low fees to win mandates). Implication is that local shops - banks, boutiques and Big4 - have to work with what's left. Sometimes you see a foreign bank working together with a local but that's mostly for FIG work and the heavy lifting is almost always done in London. If a local bank Co advises on a cap raising that will be to target local investors etc. As such second implication is that you'll mostly be working with lower calibre/brandname/firepower type of investors and experience will get a discount for int'l banks. Such a role will be great for local mingling and connections but will be a challenge to lateral in the UK/US/Canada in reputable shops. Other exit is Greek / emerging markets teams in London which is a good fit but you'll be surprised how many relevant and qualified Greeks are competing for these. If you have nothing else take it and don't worry about lateraling for now. You might end up very happy too and not wanting to leave. P.S. Mobile app sucks and can't do paragraphs, apols.

 

Molestiae delectus et qui aliquam dignissimos. Qui libero tempora ex occaecati laudantium nostrum. Nulla dolore cum nesciunt vitae est non. Quis velit velit quis et quos et earum. Voluptatem voluptatum et culpa nisi error aut non. Eligendi quas reiciendis unde sit vel est. Voluptatum exercitationem est doloremque.

Harum aut ut rerum rerum et quis quo. Adipisci quo cum voluptas et. Dicta fuga voluptas dolorum et amet.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”