Michigan Monkeys, where you at!?

So, my fiance' and I are currently living in NYC, but she just about cries every day about wanting to move back to Michigan. I was planning on starting my MBA this fall at Fordham, but it's possible to move back at anytime.

My question though, what are the job prospects like in Michigan? I haven't actually searched for a banking job in Michigan since the end of 2011 so I don't know what it will be like. I know there isn't too much going on there compared to NYC, but because of that I feel like the competition wouldn't be as crazy. I can't imagine that there is a line up of Ivy leagues trying to get into a firm in Michigan.

I did a search of "michigan" and basically all I got was pages of threads talking about UofM.

4 Comments
 
Best Response

Hey! i'm from metro-Detroit and you got it right, there's barely any banks out here. Your best bet will be boutiques..there are a few in Birmingham. i know of a few:

Quarton Partners Angle Advisors Stephens Mid-States Capital Huron Capital Siebert Brandford Shank

You can just google it and do a parallel check on linkedin. It's tough out here, i'm sure if you have the right banking experience you will have a good chance. Other than that, you could always work for Ford or GM. I know a lot of ex-bankers that did that and are happy. I believe Ford's treasury program is great and GM's strategy team as well and both prefer banking backgrounds. Most bankers are Ross grads that wanted to stay here, I guess. There's also a few in Grand Rapids or something but not sure.

what city are you planning to move to?

 

Esse nemo laboriosam fuga ut quam dolor. Et ex ad et est libero ab vero. Tempore consequatur rerum aut quasi adipisci architecto quia omnis.

make it hard to spot the general by working like a soldier

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
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...”