Decision Help! Evercore vs. Barclays IB vs. MS GCM vs. BofA
I have my offers for summer analyst and I'm struggling to decide. The options are: -Evercore -Barclays IBD -Morgan Stanley Global Capital Markets -BofA (probably my least favorite)
Which do you think is best in terms of experience, culture, hours, and exit ops?
go with evercore
Evercore. Is the Barclays offer group specific?
Barclays is a general offer.
Could you guys elaborate a little more on why Evercore, especially why that over MS?
Do some searches on boutiques like evercore, greenhill, etc. vs BB.
Basically, elite boutiques like evercore have a very strong reputation (better than barclays, cs, citi, etc.) so unless you're in a top group like MS M&A, I'd say definitely go with the elite boutique. Definitely better exit ops than your other choices
Fundamentally the offer at MS (capital markets) is completely different to the IBD offers at Barclays and Evercore (not clear what BofA is, but as you said, it's your least preferred).
Assuming you want IBD/m&a, then Evercore is likely your best bet as it's not a universal bank and is not going to be asked by clients to put it's balance sheet to work (which is what you'll see a lot of at Barcap, BofA, CS, etc, etc). Instead, at Evercore you're going to be working on advisory engagements, dealing with c-level executives and corporate development heads (no assistant treasurers worrying about 5 bps interest rate moves affecting the pricing on their revolvers). On the flip side, the benefit of working at a universal bank is that you'll likely get the chance to have a deeper understanding of capital markets interplay with M&A and leveraged finance, but you can always do that later in your career if that's floating your boat.
Good luck with whichever you choose. They're all great opportunities.
good looks bro good luck
Barclays if you want to move to corporate/F500, more product exposure and strong brand
What surprises me is that you got an offer to Evercore and you don't know enough about the company to realize this is a slam dunk easy question.
Might have to say Evercore on this one - but its not an easy culture - sweatshop even for banking standards...
definitely EVR
I would say Evercore or Barclays.
I pretty much narrowed it down to evercore and ms (wold probably work in levfin group) - why does no one seem to be a fan of MS GCM?
cause its ECM, DCM work not really that great for exit ops and modeling exposure. Levfin is the only group in GCM that would be interesting in my opinion. I would still join Evercore.
Also, remember that if you take the Barclays generalist offer, you could still end up in capital markets. MS has a separate application process for IBD and GCM (as far as I know, IBD=coverage groups and GCM=product groups) but Barclays does not, it's all under IBD.
If you got LevFin at MS, that would be a consideration. Other than that, it's all product group rather than industry, so you'd be better off with Evercore if you were looking for solid exit opps.
i know someone in the same situation (Evercore, Barcap, MS, etc.)...
I don't think yall should assume everyone wants IBD/M&A, this person I know actually prefers capital markets, hence the difficult choice. I've been telling her Evercore ftw the whole time though, too...
Definitely Barcap. MS is falling apart.
Are you sure about that? Check out the link... http://tinyurl.com/33wtrk7
EVR. All. Day. Long.
What kind of sh*** is EVR? I never heard of that. MS > BAML>Barcap> Evr. Always go bluechip for the first 10 year in your career. Barcap is falling apart, their M&A and Equities is nowhere and won't get anywhere. They have achieved nothing in the past 3 years unlike BAML/Citi/UBS who are very strongly bouncing back. MS Levfin in GCM... this group is just pricing, some high yield bond roadshows. Don't take it, there is no modelling done there. Ask for BAML Levfin in that case or MS M&A as is sugggested.
Wow... Just wow... I'll give you the comments on BAML LevFin and MS M&A... But you have to be joking with regard to EVR... At a certain point trolling actually hurts the kids seeking advice...
Ipsa iste et delectus commodi nam. Repellendus laborum ut voluptatum delectus maiores vel ut. Numquam optio in perspiciatis ratione nemo perspiciatis. Sequi laboriosam nihil et. Veritatis vel vero aut recusandae quos et. Maxime dolorum officiis veritatis provident ab fugiat. Ut explicabo rem omnis dolor optio ipsam porro.
Consectetur at et non ut. Dolor accusamus autem minima dolor enim deleniti. Culpa ad provident sit autem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Accusamus porro nulla facilis aut quidem modi. Eos aliquid ex sed eum voluptatibus enim. Minus ut consequatur assumenda totam et cumque. Excepturi perferendis expedita tempore est.
Illum sunt aliquid adipisci aperiam. Porro eaque maiores unde quibusdam hic similique deleniti qui. Sit sapiente iusto qui deleniti inventore aut. Corrupti sequi ut non exercitationem ut consequatur. Consequatur sint sunt perspiciatis eius ad consequatur aperiam. Inventore dignissimos ullam iure ex.
Veniam sed necessitatibus maxime. Unde quia voluptas tempore minus earum. Consequatur impedit itaque quia excepturi et dignissimos rerum. Et autem maxime incidunt. Corporis consequatur reiciendis non sit. Et saepe unde eaque eum quia explicabo corporis.
Porro occaecati pariatur rem ducimus consequatur delectus ea. Cum est et accusamus aut. Repudiandae rerum placeat modi vel unde. Impedit eveniet laboriosam non eum sunt qui sed. Esse earum voluptate sit iure animi voluptatum consequatur.