Haveand for SA positions. Having trouble comparing the two. Some thoughts:
- Obviously BAML has a better brand name, but I'm one of BMO's top candidates and likely could get placed into their healthcare group (top group for them and of interest to me).
- BMO is also making a push to gain market share in the US and thus is trying to invest in and keep talent so as to compete -- they claim to have a decent work life balance and to not give you unnecessary work/manage time efficiently, which probably wouldn't happen at BAML (might not happen at BMO either, but they say they're making that push).
- I believe BMO's pay is also higher. I'm sure that would vary by group and whatnot, but just a thought.
- Not sure on return offer rates, but that's also a factor.
- I didn't network with BAML so I don't know their culture, but I definitely fit well with the people at BMO.
Basically, my gut tells me I'd enjoy BMO, but I'm unsure what to think because my perception of their culture could be wrong, and I don't know BAML's culture or how invested they'd be in me. I have this image in my head of just getting beaten down at BAML...and maybe less so at BMO? I'd obviously make that sacrifice if necessary but I'm also unsure just how important having that name brand on my resume is. The two are clearly not in the same league, but I'm wary because when I was deciding on university I almost went with an Ivy I perceived to be better than my current school based on what I knew then (misinformed) about the brand, but I went with the "non name brand" school and couldn't be happier. Don't want to make that mistake now, but also don't want to kick myself 2, 3, 4 years down the line trying to get other positions or into b-school and wishing I went BAML, since I probably don't want to be in banking forever. Any opinions on this would be great, thanks in advance.