If you could move out of New York City to work remotely, would you do it?

Why/why not?  Assuming no pay cut to normalize for the LCOL area (a la tech firms).  

Biggest pro seems to be saving money, biggest con would be it's really difficult to recruit back if you get canned or quit?

5 Comments
 

Tad curious why you feel it would be harder to re-recruit? How far are you contemplating moving? I would say moving to somewhere with around 2 hours of commute (in case you need to come in for client meetings) would be ideal.

And yeah, I would move. It’s going to happen anyway, especially with senior ish bankers etc. So why not.

 

Personally, no. I would not relocate out even if I didn’t get a pay cut, I actually want to live in the city. Then again, I’ve never experienced living in nyc, so that could be it and after a few years of experiencing what everyone complains about, I’ll want to move.

 

Consequuntur neque dicta molestias beatae dolor temporibus. Deleniti corporis dolor repellendus aut similique molestias qui fugiat. Ab eos libero possimus. Quasi cumque quia est in quidem ullam. Quos dolor ab suscipit et repudiandae. Sunt non omnis ratione aut.

Qui aperiam sit enim tempore voluptate quasi ut. Laboriosam delectus et et aut facilis quas ad sed.

Iure aliquid eos dicta qui quidem molestiae nam. Facilis fuga nihil voluptatum inventore.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”