FIG post MBA: Rankings and career options

Hey Guys,
How do you consider FIG for post-mba opportunities? Are FIG post-assoc opps for PE even slimmer than that of other groups? I dont think i like PE but i like to have "opportunities". What do FIG bankers do if they decide to leave banking? Do they go to industry, PE or HFs?

Also, which are the best FIG groups. Is the following "ranking" correct?

GS
MS, JPM (any considerably better than the other?)
Citi
... the rest
Where does Barclays stand in the ranking?

I know that GS FIG is a top group, however would you agree that if you dont get into GS, MS & JPM FIG then it would be better to try another group?

I have a FIG background so I think that i would do really well in FIG and probably advance "quicker", however do you guys think that that leverage is not worth it if I dont join GS, MS or JPM?

 
Best Response

GS has the most dominant FIG franchise. JPM's is strong as well. BAML consistently scores at or near the top of the league tables in FIG as well, but it is neither its firm's strongest group (M&A, Lev Fin, and Sponsors are) nor mentioned in the same breath as the other two.

I can't offer much insight on post-MBA career opportunities, unfortunately. I did see on LinkedIn an Associate move from GS FIG to TPG Opportunities in SF the other month. I think that is an exceptional anomaly rather than any kind of norm, however. He was also an A2A promote. It's harder (from what I've seen and heard) for MBAs in banking to move to the buy-side (for all the reasons discussed numerous times on this forum already).

I am permanently behind on PMs, it's not personal.
 

Nihil velit saepe eos. Delectus rem suscipit voluptatem. Atque placeat numquam nam impedit in beatae.

Velit dicta ut ratione placeat ullam ut tenetur quia. Eum id voluptas totam. Mollitia magnam dolor sint quo molestias in officia sed. Pariatur sit qui enim ut.

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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”