HELP: HL CF vs. BMO IBD vs. Jefferies IBD

Force rank in terms of analyst experience, PE exit and b school. It would be great if everyone did an overall ranking as well as a ranking for each category.

Thanks.

9 Comments
 

This totally depends on what office you are in. Specify that, and you will get informed responses. Also, what group are you looking into for each one, or are they generalist offers? Be more specific.

 

both hl and jef will do bigger deals. hl cf is notorious. their analysts do a shitload of mm deals, but this translates into rough hours. jef has lending and does do large cap deals, mostly in the healthcare and energy spaces.

 

I'd say Jefferies -- energy is 100% houston but you will get exposure to larger deals - check the website, they have several 1b+ deals this year and many (if not most) of the M&A is $500 million+ deals

 

HL's deadline is sooner than BMO, -- I am waiting hear from JEF. The question is really do I let HL pass for a chance at JEF (and I really like BMO as well, great people, lots of growth, bankers from Lehman, JP, etc.), or is HL corporate finance something that I should take in your opinion (everyone's)? My hesitation about HL is the lack of products, from my understanding it is sell side M&A mostly, so I will not have exposure to financing on LBOs, etc.

 
Best Response

I would get in touch with JEF and tell them you have an offer that is expiring, but you are waiting to hear back from them first. Since right now it's BMO NYC vs. HL CF, I would definitely go with HL. From who I have spoken with, it seems like BMO's strongest groups are based out of Chicago. HL also does its fair share of buyside M&A, has very strong dealflow and you will get exposed to a variety of industries. If you desire to exit to PE, at least you know that you will be getting a lot of M&A experience at HL. I do agree that JEF will give you the best experience in NYC and exit opps, but I would carefully consider turning down HL without knowing you have that offer.

 

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