Biggest difference would be due to public vs. private institution. Can't speak about the differences because I only have experience in one of those firms, but you can't go wrong with starting your career off in any of those three.

Real Estate Professional Network Discord Server: https://discord.gg/xxWQ2nC
 

I would recommend going for BlackStone or Starwood. Haven’t worked for either so I can’t speak to them, but that brand name recognition would take you further than an MSREI. Most people, even from the top MSREs (MIT/ Columbia/ USC) don’t always place into BlackStone or Starwood. Frankly, I don’t see how another degree could help you if you’re already looking at top tier institutions for their acquisitions teams.

The only possibility is switching to development, but that degree would have to have some development classes. Otherwise, you’re better off getting experience and getting an MBA if necessary. It may not be necessary anyway.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Duh, my bad. Well what do you want to do with your life? What are your goals?

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

I’m not entirely sure. Eventually being an entrepreneur sounds appealing, so starting my own fund or development operation.

I’m going to intern at MSREI this summer, but I’m wondering if I should think about switching to a shop that offers better opportunities or if it’s just down to personal preference.

 
Most Helpful

Truth be told, you can't be wrong. Nobody will ever say, "Oh this person worked at Morgan Stanley/ BlackStone/ and Starwood? Pedigree isn't up to par for our investment committee" On the flipside, working at any shop won't automatically get you LP money.

They all sound like great experience. Imo BlackStone/ Starwood have a little bit better brand recognition (I would say BX is better outside of RE too), but the differences are marginal. Go where you feel you'll succeed better and have better cultural fit. Acquisitions is great experience for running your own show.

Ricky Rosay and Ozymandia have experience with this, I do not. Might want to get their opinions here.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Consectetur debitis blanditiis eum ex id est. Sit minus numquam quia id. Rerum laudantium excepturi maxime. Ullam rerum ut accusamus fugiat sed modi.

Natus dolorem ipsa sed. Quo dicta eum eum nulla est qui rerum. Delectus non et necessitatibus atque eos perspiciatis.

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...”