Credit Suisse SA Group
I recently accepted an IBD SA offer from Credit Suisse NY and am starting to think about what groups I should go for when placement happens in the Spring. I'll definitely try to talk to as many people as possible, but would love some preliminary information. What do you guys know about their TMT, Industrials, Sponsors, HC and/or M&A groups regarding culture, hours, and deal flow? I've used the search function but would like more recent information. Thanks for any help.
M & A, Sponsors and HC have historically been the best for exit options into PE/HF.
Sponsors is a top group
Sponsors and media are both great groups.
M&A is a top group but you will get absolutely brutalized there
TMT - solid group. Expect to work hard during the week. Seniors respect protected Saturdays which mean you get 'no fly zone' between Friday 7pm and Sunday morning.
Credit Suisse SA group placement (Originally Posted: 04/03/2008)
Hey Guys,
I am going to be a summer analyst intern at CS this summer in NYC. I was looking for advice regarding the various product and industry groups at Credit Suisse.
Keeping in mind the current market conditions, I need some insight to help me figure out what my 5 top group choices should be. So far my list is:
Can you guys provide any insight/advice as to what is doing well at CS right now? I know there is another post about this but it is slightly older. I appreciate your help.
Thanks!
Do a search, this has been discussed ad nauseam. CS Sponsors has traditionally been one of the top groups on the Street, and far and away the best group at CS (who knows with markets now though). The top groups at CS have traditionally been Sponsors, Tech, and M&A.
how about energy?
i would drop sponsors from no.2 for now no activity
M&A, tech are good
I know a couple of guys at CS and I get the impression that the other good groups are General Industries and Energy. FIG seems to have great momentum too but probably not yet a top group.
GIS (Global Industrial Services) is very strong. Can't go wrong with GIS or tech.
As far as I know, most of the tech deals that CS does originate and are completed in SF. I'm sure there is solid dealflow in NYC for tech, but given their proximity to Silicon Valley, the SF office gets the lion's share of those deals.
Pick the groups that interest you. Tech might be great but if you want to do healthcare, then go for it, especially as an SA. If you do well in any group as an SA, you can leverage it to go work for a BB that is more respected in the area that interests you. Again, don't chase prestige. Talk with as many analysts as you can in as many different groups, and find out lifestyle/culture/dealflow/style of work, and then see if it fits you. Trying to get into the 'hot' group can blow up in your face, as I'm sure many LevFin/Sponsors people who did it hoping they could move to PE in two years are wishing they were elsewhere since they have zero dealflow right now.
do you guys get to intern for the private placements group??
..
Thanks for all the help guys. So far my list is:
Do you think Financial Sponsors should rank higher at CS (even in light of the current market conditions)?
Also, feel free to edit the list. Furthermore, does anyone have information regarding the M&T, Latin America, Financial Institution groups?
Lastly, which groups are on the lower end at CS? (lifestyle, dealflow, etc.)
Thanks!!
PS. This is for the NYC office.
private placements at CS
What?
I'd take both Sponsors and Industrials over Energy. CS Energy is a very average group. I'd even take M&T over Energy actually.
Just something to consider: I heard that banks are laying off more people in the execution groups (M & A etc.) as compared to the industry groups where analysts are still useful for doing pitches even if there's no live deals.
I am confused about CS Energy...some people say its amazing and some people say its not even top 5.
Whats the deal?
bumpppp
CS Energy? Top 5 yes. Top 3 maybe not.
I agree that CS Energy is very average. Shoot for Sponsors, M&A, or Tech. Those are the good groups at CS.
LevFin group one of the best on the street as well. still doing a lot of deals as they have a strong restructuring business
gomes3pc, comment on CS tech: SF certainly does do all the Silicon Valley deals, and is also the lion's share of the actual manpower in the global tech group. There is, however, a great deal of tech stuff going on on the East Coast as well, and that's what NY tech covers - less software and internet start-ups, yes, but a ton of other stuff falls under the umbrella of technology. Smaller, more intense core of analysts.
How are the CS regionals - SF, Chicago, LA? I heard they were all really strong but I'm not sure..
CS SA Group Placement / Sell Day? (Originally Posted: 03/21/2007)
Does anyone know about the group placement process for Summer Analysts at Credit Suisse, or atleast about the group placement process for Summer Analysts in general?
I was under the impression that you choose your top 3 choices and send them into HR when asked for them? Is a sell day set up for all summer analysts where you meet bankers from all different groups?
Additionally, does anyone have any strategies they could offer for impressing a particular group you're interested in on the sell-day? Would contacting a few bankers before and showing interest influence the group placement process?
Thanks for your input...
Any ideas guys?
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