Did I make the right choice? (JPM, Lazard, GS)

TombstonesRUs's picture
Rank: Chimp | 12

Hey guys,

I had three SA offers - JPM IB, Lazard for their generalist program, and GS for the Securities Division. Ended up going with JPM because definitely didn't want S&T and ended up deciding that the bigger platform was a better place to start and I knew more people at JP. I know all you guys love your EBs, but do you candidly think I made a big mistake by turning down Lazard?

Also, any ideas for an off-cycle internship; I took a ton of classes this year so I have the spring semester available to intern (can't graduate early at my Ivy), but I really want to do something else interesting to boost my resume for next year.

Comments (19)

Oct 17, 2017

I hate you.

I am the real boss baby.

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Best Response
Oct 17, 2017

Wow, you clearly posted this to brag

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Oct 17, 2017

It really wasn't meant as a brag. I'm just freaking out that I fucked up with the decision and wanted some advice. Sorry if it came across as arrogant.

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Oct 17, 2017

Ah gotcha. Congrats tho, well done on the offers! You can't go wrong.

Oct 18, 2017

You done fucked up, you dumb slut! GS doesn't want you anyways...

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Oct 17, 2017

Yes, Lazard is strong, but so is JPM. JPM also has more brand recognition, outside of transaction finance. There is no wrong choice with this one.

You've just had a really successful recruiting cycle, go celebrate rather than regretting your decision.

Source: Chose a BB over an EB for this past summer.

Oct 17, 2017

I mean if he was looking for exit ops it was kinda the wrong choice. If he doesn't know if he wants to stay in Finance or wants to continue in IB, then probably the right choice.

Oct 17, 2017

I honestly don't think it matters that much. Both banks are strong spots for buyside recruiting. It will come down to more than just which firm he/she is in. Additionally, I would think a top group at JPM would be better than generalist Lazard for buyside recruitment.

Oct 17, 2017

You can dissect whether JPMorgan or Lazard is the "best" for exit options, but:
- you will have fantastic exit options from either place
- who knows where you'd end up at Lazard for FT; it might not have been a group you liked
- Who knows what the different offer rates are for the two programs; I wouldn't be surprised if Lazard's was lower
- If you get an offer from JPMorgan but didn't like it, you will be able to interview for FT at pretty much every bank on the street - including Lazard in my opinion

Oct 17, 2017

I spy the classic humble brag.

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee

WSO is not your personal search function.

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Oct 18, 2017

Your decision has been made, why second guess yourself now. Nothing good can come from that.

If you went with your gut, then you made the right decision.

Oct 18, 2017

Thanks. Guess it's just hard because people have been giving me a lot of shit lately about it.

Have any suggestions for the spring? Any organized programs you know about/or firms who might be amenable to bringing me aboard as an off-cycle?

Oct 19, 2017
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