BB Lateral - Non-NYC

So I currently work in a RX group and am looking at lateral options to go more traditional IB at aBB. I've done a significant amount of networking and found that there aren't very many seats open right now.

I am in process with a BB in Chicago (JPM/Citi) doing Industrials and a BB Healthcare group in SF (JPM/DB). What are the pros/cons? How would each look in recruiting?

 

Disclaimer that I'm not in IB(as you can see at my signature), but I've also heard pretty widely that nobody cares. Deal Experience > Brand name > Location.

Any hit won't be because of your brand name but because you aren't in NYC to have coffee chats with network contacts who work in PE.

 
Attack_Chihuaha:

Disclaimer that I'm not in IB(as you can see at my signature), but I've also heard pretty widely that nobody cares. Deal Experience > Brand name > Location.

Any hit won't be because of your brand name but because you aren't in NYC to have coffee chats with network contacts who work in PE.

Ya. That's definitely a concen... given how many analysts go through recruiting every year it's a game of not giving people a reason to ding you.... being a plane flight away is a dingable reason when you have a city full of analysts at your front door
 

Asperiores eligendi ipsam dolores voluptates quis at. Enim nemo iusto exercitationem dolore ut odio et nihil. Mollitia fugiat deleniti cupiditate et labore. Nesciunt repudiandae iusto minus corporis voluptate.

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”