Let's take a vote, is investment banking or private equity more prestigious? We know these are the top 2 but which one takes the crown. Also not referring to compensation, lifestyle, etc. Purely a like-for-like prestige comparison
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PE MF >> EB IBD
UMM PE >>> BB IBD
MM PE >>>> MM IBD
LMM PE >>>>>>>> Boutique IBD
Tiger cubs/top quant funds are more prestigious than both
Quants aren’t as prestigious because the job requires mathematical knowledge. It’s more prestigious to succeed through politicking your way to partner status/ becoming MD and maintaining relationships with high level clients
Its way more prestigious to be insanely successful with no real skills like coding or math
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