PIMCO Vs S&T

Dear fellow Monkeys,

Which would have the better long-term career prospect starting as an analyst:

  • PIMCO for a Desk Analyst role, or

  • CITI//BARC/CS/DB for a Fixed Income Structuring role (within S&T Division).

I would like to hear your thoughts on which career would be more stable/adventurous and provide better comps, flexibility, and learning curve.

Maximizing earnings and enjoying the job out of a 40 year career will be the main goal. I don't mind long hours/traveling.

Analyst-level salary doesn't really matter to me in the short-term.

Any opinion that will be highly appreciated.

Thank you fellas!

 

I cant answer your question, but from my knowledge the banks you listed are massively different in terms of their strength in FI structuring; you might have to narrow it down a bit more before someone could give you an answer

 
Most Helpful

PIMCO, without a doubt. 

Reputation- It's like getting a golden stamp on your CV. Wherever you go, people will always be impressed that you were at PIMCO. The sell side BB roles are great, but they don't nearly carry the same career enhancing reputation that PIMCO will grant you. 

Career Options- PIMCO opens both the buy and sell side for your future career options. It's going to be harder to move from the sell side to the buy side later on. 

Role- It's going to be easier to move around a firm like PIMCO, rather than starting at a BB in Asia, which can easily pigeonhole you as an Asian S&T person. 

Stability- S&T roles at BB are like a revolving door, people get blown out and leave often. What if you land on a S&T desk in HK/Sing and don't get along with your boss? What are your exit ops? 

Best of luck! 

 

Qui sapiente iste dolores quia soluta. Quia dolorem sed iste assumenda ipsum error accusantium. Aliquid quaerat molestias nemo.

Quaerat dolores eum sit animi vel aut. Quis magni asperiores recusandae asperiores facilis dolor.

Corrupti quis in odit qui quo ex. Enim velit nisi dolores et quod voluptatem. Unde autem quia dolorem magni consequuntur illum. Labore sint provident voluptas occaecati consequatur nostrum. Eius et nulla ab necessitatibus sed sapiente. Est sapiente recusandae in aliquid blanditiis eos ipsa.

Qui autem eaque quia sit qui ratione voluptates. Eos corporis quos perspiciatis ad iste maiores sit. Earum reprehenderit commodi voluptatem ut quia totam amet. Dolorem animi veniam ea ut qui. Quia eos harum voluptatem sed doloribus numquam. Dolorem omnis a non est rerum dicta exercitationem. Aperiam et voluptatum hic reprehenderit corrupti qui odio.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”