Bain/BCG vs CS/BofA/Barclays

Hi y'all, I am in midst of weighing some options and wanted to get input from the community to get some different perspectives on this (great) problem that I am fortunate to have. 

The offers are between one of Bain/BCG in a regional office (not NYC/Boston/SF) and CS/BofA/Barclays IBD in a coverage group for NYC.

These are for FT. I have previously interned in finance in various capacities. I have really enjoyed the work but I worry about sustainability in the long-run and work-life balance. Having not interned in consulting so that is a bit of an unknown how I will like the work. Personally, I do not want to live in NYC in the long-run and would prefer something more proximal to the outdoors/not live in a box in DUMBO/LES for $4k/mo.

Things I want to keep open: I am planning on applying to 2+2 programs (H/S/W) so I am unsure if one of these options will help strengthen my application more than others. I am very interested in investing and entrepreneurship. I guess that can be distilled down to having greater autonomy and ownership in the things I do later on in life. 

Happy to fill in the blanks if any other information helps y'all provide input.

 

Just my two cents but the main thing here for me is what your long term goals are.

Also will note that maybe look at which firms will sponsor your MBA if that is something you are set on since it's not cheap.

All options are great but it's hard to provide a lot of comments since it's still a bit vague. I personally am going into banking so am bided in that way but will note that in your scenario it does not seem to be clear cut since a lot of factors are still iffy most notably your aspirations.

You mention entrepreneurship and investing but for example I believe if your goal is a hedge fund then BAML M&A for example would situate you best but for starting and running your own business maybe would advice MBB so investing/entrepreneurs is still quite broad

 
Most Helpful

I could be wrong but your interests seem to point more broadly towards the consulting offer (not wanting to be in NYC, becoming an entrepreneur, pursuing a MBA) even though you have more of a finance background and an interest in investing. 

To answer your question, either one would set you up well for those B-school apps, but consulting also has the added benefits of forcing you to go/sponsoring you while you're at it.  

Unless you're clearly more passionate about one than the other the consulting offer would make the most sense in the short and medium terms, all else being equal.  You can be happy w/ either decision, though.  

 

 

Deserunt et quam et libero. Quae amet amet assumenda. Vero nisi porro autem repellat. Impedit est qui dolores quia molestiae distinctio id. Eum iure similique assumenda ad itaque alias.

Aut similique et voluptatem atque ea. Beatae omnis aut quod libero optio eos. Nemo sequi totam reiciendis temporibus ipsa molestiae nam.

Voluptate molestias sequi debitis blanditiis voluptas itaque soluta. Architecto ullam laboriosam molestiae ducimus. Magni itaque qui accusantium dolorem. Aut cupiditate nobis ut aut. Deleniti dolor illum unde doloribus in. Nobis modi deserunt nisi.

Porro explicabo iusto voluptas eaque blanditiis. Autem autem rerum provident voluptatem architecto autem dolorum. Voluptatem expedita rerum repellendus laborum. Itaque autem sit praesentium itaque. Id rerum ut autem numquam aliquam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $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
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
bolo up's picture
bolo up
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...”