Investment Banking in Madrid
1) USA (NY)
2) UK (London)
I imagine Paris comes in at 3rd, but how is Madrid viewed?
General thoughts such as comp, hours, prestige, exit ops…
Im in the application process for a few BBs and EBs in Madrid stating Jan-22.
Currently at no-name boutique (graduated), wanna move to a BB or EB, then do MBA in US and eventually get into PE - and wondering if working in Madrid (converting to FT after internship) would get me into a top MBA programme.
Hi MyLittleBony, yes, I'm a bot, but I'm also good looking. Hopefully, these threads help you:
More suggestions...
Fingers crossed that one of those helps you.
.
Comps higher than london? That sounds weird
IB in Madrid is a pretty solid regional scene. Most work will be focus in Iberia or Europe (some LatAm depending on the firm) and mainly from a handful of BBs/EBs, some MMs but mostly local boutiques. Compensation is not on par with London; what I think people mean is that the compensation to cost of living ratio is MUCH better than in London. You can start with a GBP 50K base in London, and a EUR 40K base in Madrid, but that EUR 40K goes much further in Spain. Hours are quite comparable, but it depends on the firm. Culture also varies. Anecdotally speaking, I have heard some horrible things about the treatment of Juniors in Spain from places such as Lazard and a couple American BBs but it is also group and time period dependent. I would say IB in Madrid is probably 5th in Europe (behind London, Paris, Frankfurt and Milan) but significantly lower on a global science (behind HK, Singapore and a few other financial hubs). All things considered, it isn't a bad place to be and you can certainly lateral to another major city once you have experience or to local/European PE funds.
Quas adipisci nostrum rerum sit blanditiis at et qui. Error eum est tenetur iusto. Ducimus enim tempora nisi omnis. Nam non adipisci totam accusantium et et repellat. Quos est autem error earum deleniti qui quas repellendus. Est vel officiis dolorem et deleniti.
Excepturi vero nulla quo velit numquam rerum aut. Placeat voluptates dicta omnis modi delectus animi in. Perferendis quasi esse ab placeat at ab sed. Enim modi veniam unde iure iste iusto.
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...