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Comments (6)

Feb 5, 2012 - 4:47am

Tough one. two top shops. I'd have to go with Centerview... you get paid more, job security (I hear its a three year analyst program with an A-to-A tradition), good deal flow/interesting interim work with F500s. Lotta good vibes around that place, its kinda lean and mean. People go straight to HBS/other top b-schools from that place. Evercore is a little more established and obviously also doing very well but larger analyst classes relative to Centerview. Plus Evercore is largely reliant on one man- Roger Altman, while Centerview has several rainmakers even though Effron takes the cake. Both places have smart guys and gals. In terms of buyside, I don't know if Centerview places into megafunds like Evercore occasionally does, but I'm sure they place just fine otherwise (if people wanna leave after getting paid a pre-MBA PE associate salary as analysts anyway). Granted, Evercore M&A does feed into some megafunds and if that's your ballgame, EVR's a better bet. Centerview seems more focused on cultivating analysts into quality long-term bankers

Sep 29, 2012 - 11:53am

Which offices are we talking about?

Either way, very exciting time to join either bank.

Agree with the sentiment posted above that it might be problematic in the long-run that Altman is the only founder in this venture. Now, this might sound really far-fetched and is extremely forward-looking but Altman is approaching his mid-sixties. So, what will happen in about 10 years time? I feel that GHL is kind of stagnating right now and Robert Greenhill is in his mid-70s now.

Exit-opp wise I have no idea to be honest but both banks have their own PE-arms - although I don't know how easy it is to eventually transfer over. Besides, as mentioned before Centerview tries to hire bankers for the long haul (but I don't honestly see a reason why any other smaller IB such as EVR wouldn't want to do this either...).

Feb 5, 2012 - 2:06pm

Thanks for all the great responses guys and yes this is for both NY offices. I have no idea wtf I want to do after banking/if I want to leave at all or just become a career banker. I guess it just comes down to what I plan on doing in the long run but it seems like I can't go wrong with either choice.

Feb 5, 2012 - 3:05pm

Like you said, it really depends on your end goal. Evercore, as many people have posted above, will definitely give you a shot at mega funds after 2 years of banking. However, Centerview probably pays the most out of any wall street bank (along with maybe Qatalyst) and has a culture where A-to-A promotions are frequent. So basically ask yourself what you want to do after 2 years in banking.

I personally would go with Centerview, because of pay, culture (although I heard Evercore's culture is pretty great too), and job safety. Also, it isn't impossible to get to a good PE fund from Centerview either (it just isn't as frequent as Evercore).

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