Eastdil Secured Post-MBA

Question

I’m a MBA student at a top southern program (ie: UNC, Emory, Duke, etc) with the goal of transitioning into REPE.  To get heavy deal experience I am quite interested in starting at a firm such as Eastdil.  A few questions:

Any idea on comp and hours for Eastdil as an associate in Atlanta?
Morgan Stanley has a REPE office in Atlanta.  Any insight as to deal flow in the office?

If anyone is in REPE in the South and would be willing to speak, it would be greatly appreciated.

Thanks much

porkbellies · Accepted Answer

porkbellies

Thankfully I know some folks but still hasn't translated yet. Yes I heard about that...said I was willing to come in as a senior analyst or something so will see how that plays out. I am targeting investment sales. Interesting to hear about the culture though - is it just the hours? I hear people talk about the hours but at the associate level it seems somewhat normal, especially coming from time spent working as an analyst at a Evercore/Lazard/Rothschild type firm.

Just as an update - had a pretty poor experience recruiting with Eastdil.

Count_Chocula · Answer

Comp is likely similar to DC, expect $100k base + 100-200% bonus.  No matter what anyone here tells you that office fucking grinds, my buddies there that are older have a hard time seeing their wives and they're more senior.  Solid exits to almost any firm in the southeast, and most of the younger crew is out after 2-3 years for lifestyle reasons.  Think deal flow has waned a bit out of this office since Kennedy left for Cousins, but you'll still get fantastic experience.  Only teams they have there are retail and office groups, but they pitch in on some of the mu

PEIBRE · Answer

You need to know someone there. Unfortunately, it's very hard to get an interview otherwise. Your experience seems great, so honestly surprised. I know they are less keen on MBA's now. There was a recent MBA hire who came in as an analyst instead of associated, if that tells you anything. SF/LA offices are the best at the company by far, if you're speaking about investment sales strictly. IB groups are in NY/SF. Both very small, but top of the industry. Culture is horrendous at the firm as a whole though— and things have only gotten worse post WF.

JSmithRE2010 · Answer

My understanding is that BB IB pays 50-100% more than eastdil secured at the associate level ($300-$400k in IB). The range of activities you complete in IB is also WAY wider. Asset and company sales, mergers, corporate loans, equity offerings / IPOs, entity level investments, etc. The complexity of the work is better suited for MBAs versus Eastdil where you primarily build OMs

I think people put Eastdil on a pedestal. It is a great first job, but I wouldn’t want to be an associate or VP in that business (just my personal preference)

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Eastdil Secured Post-MBA

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Eastdil Secured Post-MBA

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