Deciding Between IBD and ECM for FT
Hi guys, first post here, but have followed this site for quite some time now. For a quick background, I'm a senior at a top liberal arts college that doesn't have much, if any, recruiting on campus, but was fortunate enough to receive three offers over the past month through a few solid contacts, and I'd like to hear some input
Since FT recruiting is basically done at almost every bank, I don't want to give too much away, but two offers are in Industry coverage groups at two decent MMs (Not an expert, but would say in-line with a Stifel), The other is in ECM at a BB,
From what I've read so far, seems like ECM tends to get bashed pretty often on this forum so wanted to make one clarification. Although obviously nothing is for certain as I don't have much experience yet, I actually have no interest at the moment in going into PE down the road, and would ultimately like to go to a HF someday(interned at a L/S last summer and loved it). I am really interested in ECM, but often hear how there are limited exit options due to lack of skill-set you acquire. Do you guys think taking the ECM offer would slow my process of achieving this goal? I'm pretty realistic and understand that none of the offers are obviously the ideal entry-point, but any insight would be great. Thanks!
Would like to hear inputs on this as well. bump
If your goal is HF or PE, ECM will not help you get there. You don't learn the transferable skills that would make you an attractive candidate. From what I've heard (have quite few friends in ECM), you should not have any expectations of being in the target pool for those roles.
You could probably get into a solid b-school after your ECM stint though and get to a HF that way.
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