IB city tiers (USA only)
Grouping PA and MP into SF for this.
NYC, SF
Houston, LA
-big drop-
Chicago, Boston, Charlotte, DC/VA
Atlanta, Miami, Dallas, Minneapolis
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Why the MS? Who disagrees?
Generous placement for Atlanta/Dallas… that tier altogether should have another big drop. All others make sense
Feel like Chicago should be up with Houston/LA - most banks have some presence there and it's a nicer place to live than Houston
I don't live or work in Chicago but have had buddies move there
Dallas IB scene is horrendous, I have a buddy who lives there. Really strange to think that the "financial capital" of Texas is Dallas.
1. NYC
(big drop)
2. SF, Chicago, Houston
(big drop)
3. LA, Boston, Charlotte, Atlanta, Dallas, whatever who cares
NYC is its own tier, period. SF and Houston are core hubs for specific industries (tech, energy). Chicago has a few industries but is big in industrials.
Everywhere else has a bank that is based there for whatever historical reason, or some rando MDs that had the clout base their teams there.
Yep, pretty accurate. Charlotte is clawing its way into Tier 2, we'll see what happens there.
Miami is a potentially Tier 3, maybe even a Tier 2 in the short term based on current trends.
Houston is very cyclical. You could argue they straddle 2/3 depending on market conditions given how eager banks are to hire/fire down there. Very weird.
Bad list. Banking/social scene much better in Chicago and Boston than in SF/Houston.
Social scene doing most of the work in that sentence
NYC, Chicago, SF, Houston are the four cities that matter for banking
Minneapolis shouldn’t even be on the list bro
HL and Piper make it better than any city that didn’t make it
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