Chicago or Houston for Energy?

I am recruiting for energy firms. I wanted people to comment on whether they would rather live in Houston or Chicago and what their experience in those specific cities is.

My most likely choice will come between either Chicago or Houston. So if you have experience working in the energy industry please comment.

My personal situation looks like this:

  • I am older twenties and have lived in NY working for a BB before, so I don't really care if I don't have a good nightlife by 'analyst' standards. I'm probably going to spend most free time on finishing up the CFA anyway.
  • I am trying to minimize costs to pay off some MBA bills over 2014 (probably will accomplish this by mainly by working as much as I can so I minimize opportunity to spend. Besides, this is a relatively new industry for me so I want to be in sponge mode)

Also if anyone has experience working in energy in Geneva, Singapore, Sao Paulo or any other area with a heavy energy presence, please let me know about living and working in those cities.

4 Comments
 

Energy corp fin or energy IB? There's no energy banking outside of houston (with exception of NY and a few scattered pe firms).

But Houston is extremely cheap, everywhere closes early which sucks but bars are not bad, food is amazing (tex-mex, and pretty much any cuisine you can think of), people are extremely nice/girls are gorgeous. Traffic sucks, but you can buy a nice apartment in midtown and be close to work and nightlife. You'll run into annoying southern people, but you won't have to worry about that if you're a working professional.

Basically any problem you face in Houston, you'll have the money to buy some sort of solution.

 

Illo optio voluptatibus cupiditate magnam. Sed rem qui consequatur repudiandae. Et nostrum incidunt voluptas culpa corporis. Quis in ipsa blanditiis sed vitae et. Tenetur molestias aperiam illo.

Magni delectus minus et et. Mollitia suscipit iusto consectetur repellat cum. Nulla vel similique non est.

Dolorum exercitationem iure nobis molestias voluptatem. Quam unde molestias sit repudiandae enim omnis.

Et optio aut voluptas tenetur harum dolore. Facere mollitia vitae consequatur eaque.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
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...”