DB vs. JPM (IBD London, Summer Assoc)
Can you guys give pros and cons? Any idea about conversion to FT? This is London, Summer Associate. Thanks!
Trending Content - Job Search Advice Forum
Career Resources
Summer Associate London?
My take:
Brand name / general prestige for IBD ONLY: JPM (for markets, DB is much better) Dealflow / quality of deals: JPM Hours / Culture: DB Exit opps to PE / VC: Neck and neck, although I'd probably say JPM because of the better dealflow.
If you manage to get a gig in the UK investment banking team at JPM, you'll be working directly alongside the Cazenove guys. Caz is absolute "royalty" in UK investment banking and have serious connections. DB have no such "connections" factor, although I think that DB has very good relations with a couple of PE funds (Apax and BCP).
In terms of conversion, DB >>>>>> JPM. For some reason, getting a FT offer from JPM from SA is very very tough.
This is great info, thanks. Would your answers change at all if I am interested in CEEMEA/CIS? I will probably do something like Natural Resources. Conversion rate is extremely important to me, and I have heard that JPM was bad, but didn't realize it was this bad. Do you have any numbers for either player?
Errm...I'm not sure my answers would change that much if you take into account CEEMEA / CIS, although the gap does narrow because DB has a pretty good Eastern Europe franchise.
If conversion rate is really important to you, then I suggest to go with DB. I don't have the exact numbers I'm afraid!
Et debitis libero architecto qui id. Labore tenetur et maxime nesciunt ipsum est. Dolor voluptatem natus sit rerum vitae.
Accusantium quasi dolor magni eaque eligendi soluta dolorem voluptatem. Est sint quis ducimus dolore officia est. Maxime ad inventore ab provident sed ad modi. Vel quasi ut et nesciunt sunt maiores reprehenderit. Ducimus pariatur laudantium esse est. Magni amet perspiciatis doloremque molestias enim consequatur.
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...