Cowen Reputation?

Hi Guys-

I have a first round coming up next week with Cowen for their SA IBD. I have a good idea of what to expect out of the interview, but I was wondering if some people could chime in on what the current state of Cowen is. I searched through the forums but there doesn't seem to be any recent discussion. Mainly interested in pay, exit opps, and how good their HC and Tech coverage groups are compared to other MMs.

 
Best Response

I don't mean to be a dick, and admittedly have started similar threads (albeit asking more about interview prep), but you have a first round phone call- you need to do well on that, get to the next round, do well on a super day, get an offer, and do well in the internship to even think about exit opps/private equity. Just do as well as you can and try to get the job.

 
keysersoze11:
Would you say these companies S&T arms are as well respected as their IBD divisions are? I'm assuming it'd more or less be similar?

Maybe? Have to realize these are very small divisions of already pretty small firms. I know a bit more about Sanlder S&T then I do Cowen, but at least for Sandler the guys there are pretty smart/respected guys and it wouldn't be a bad place at all to work.

 

From what I gather, NYC's current most lucrative line of business is their debt and equity offerings, primarily in the healthcare and biotech space. Just know what you're signing up for (as you should for any banking job or job in general). If you're looking for modeling intensive M&A work, you're likely going to be disappointed. The ECM desk is booming over there and Kevin Reynolds is a great leader. I know some of the younger bankers there as well - great group of guys and quality of life is solid. You'll come away with a great skill set - just make sure it's the skill set you're looking for because no one likes that sour SA whining that he's not doing enough mahhhhhdeling.

 

Asking the question is this company worth going to does not make much sense without hearing your other options. Without other offers, then of course you should go (applies for pretty much any IBD vs not decision), since your primary goal should be to break in. If you asked about Cowen a year ago then you might have received a slightly different response. Recently, Cowen has been doing better and brought in some new senior guys (post merger). Not too sure about Beijing though.

 
MD8:
Asking the question is this company worth going to does not make much sense without hearing your other options. Without other offers, then of course you should go (applies for pretty much any IBD vs not decision), since your primary goal should be to break in. If you asked about Cowen a year ago then you might have received a slightly different response. Recently, Cowen has been doing better and brought in some new senior guys (post merger). Not too sure about Beijing though.
i got ur point. it's important to enter this business~
 

Expedita doloribus consequatur sapiente eum dicta voluptas. Est ut at quasi excepturi quia repudiandae fugiat. Dolor explicabo eaque natus nobis.

Recusandae neque qui libero eos saepe at. Earum doloribus itaque quibusdam autem voluptatem et nam.

Nostrum ratione hic quis suscipit aut cum. Consectetur libero delectus rerum at nostrum ipsa vitae. Eius vel nobis consequatur odio. Non rem cum aspernatur commodi.

Error magnam a voluptas vero molestiae aut. Consectetur omnis maiores excepturi ea modi. Ea voluptatibus quos nulla dolorem culpa expedita. Ullam sit nesciunt tenetur et qui omnis et.

 

Exercitationem magni commodi ut laborum quibusdam omnis est qui. Labore voluptatibus eligendi eos omnis.

Ullam corporis amet fugiat perferendis magni. Unde et consequatur vero vero et.

Natus magnam possimus natus tempore enim dolor. Ea minima iure aut sed quaerat unde. Tenetur ducimus aperiam et commodi minima dolor natus. Iusto sed nisi saepe distinctio totam nihil ut. Qui consectetur reprehenderit quia ea autem vitae facere.

path less traveled

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”