Full-Time - Thoughts on taking a UMM/Lower Tier BB (Wells/RBC/UBS/DB) in capital markets role versus a boutique with great deal flow that specializes in a particular sector (i.e. Sawaya, PJ Sol, Stifel)? Focusing on exit ops and limiting amount of years in banking.
Depends on what you're interested in doing. If you're interested in M&A then go with the boutique; if you like Capital Markets better, then go with the BB. If you don't care about either and just want to exit to the buyside after 2-3 years, I would go with the boutique as well. If they really have a good deal flow in a particual sector then your chances are solid whthin that particular area.
Appreciate the response. Is there a better chance of lateraling to a top BB/EB from the boutique or in the capital markets role at a better name brand bank?
I'd say the boutique would be easier if it is somewhat well-known. After one year you can apply to a Second Year Analyst position and hopefully you'd have developed enough skills for the position. My guess is that you can also do it from the capital markets job but it can be harder as most of the work you do won't be transferable to M&A.
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Depends on what you're interested in doing. If you're interested in M&A then go with the boutique; if you like Capital Markets better, then go with the BB. If you don't care about either and just want to exit to the buyside after 2-3 years, I would go with the boutique as well. If they really have a good deal flow in a particual sector then your chances are solid whthin that particular area.
Appreciate the response. Is there a better chance of lateraling to a top BB/EB from the boutique or in the capital markets role at a better name brand bank?
I'd say the boutique would be easier if it is somewhat well-known. After one year you can apply to a Second Year Analyst position and hopefully you'd have developed enough skills for the position. My guess is that you can also do it from the capital markets job but it can be harder as most of the work you do won't be transferable to M&A.
Yeah makes a lot of sense, thank you
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