BMO Capital Markets vs Lincoln International (London)

Hi,

I'm due to complete my Master's in London next summer and have 2 offers on the table from BMO Capital Markets / Lincoln International for an M&A Analyst role in London.

Since there isn't much on here about the London offices of these 2 companies, I was wondering if people could provide info on work hours / lifestyle / prestige / exit opps etc. (the usual). My initial thoughts are as follows:

Lincoln - nice, smart people, but working on smaller size deals & less well known than in US / Chicago
BMO - large international brand name, but again smaller operation in London & unsure of exit opps / quality of deals

Any info at all from the community would be greatly appreciated

 

As someone working in London i have never even heard of BMO, whilst I’ve come across Lincoln on some MM deals. On that basis i assume BMO don’t have a significant presence and would therefore opt for Lincoln.

Maybe check mergermarket or something in case i am off the mark.

 
Most Helpful

BMO are decent in NatRes (especially M&M) in London but not much else. I think they're on the Centamin defence with BAML. You'll probably do a bit of everything in terms of product though (e.g. M&A, capital markets / levfin, broking etc.).

Lincoln will presumably be smaller, more EBITDA-driven (e.g. consumer, industrials etc.) M&A deals.

So ultimately the choice comes down to whether you want to do NatRes or not, imo.

 

Thought I did post but it visibly didn’t. Anyways: don’t know anyone at BMO so wont comment on that. I know few people at Lincoln. They mostly do Sell-side advisory mandates in the LMM market (50-200mm EV). Some teams have solid dealflow (HC, TMT) - you would be usually closing 3/4 deals per year at least. People seemed happy both about pay and culture - very nice people quite laid back but very brit. Hours seem good too, people didn’t look crushed although busy on deals. Exits should be doable to EBs/other MM players after a year or so. Especially for firms doing sub 1Bn deals (Moelis, GHL, Jefferies, Blair, Bair). UK LMM PE is possible.

 

Ut laborum provident iusto magnam inventore. Quisquam est ut sunt expedita sunt. Esse omnis ipsum earum ipsa iste.

Libero consequatur molestiae commodi ut. Et recusandae pariatur quam. Minus dignissimos et quia quaerat.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”