Full-time job: FT partners vs Mizuho industrials
Hi all,
I'd love to hear yall's advice on this: FT partners SF position v Mizuho NYC industrial group.
My background: east coast non-target, already got the Mizuho offer and facing last round with the CEO of FTP after 5 rounds already, have to sign offer before Christmas so I'm asking in advance in case I do get the offer from FTP.
FTP pro: strong reputation in fintech which I am interested, mostly execution as an analyst, high bonus con: long hours even for IB, aggressive culture, heard analyst experience isn't so great, have to move to SF
Mizuho pro: closer to home, less hours, people seem very nice, possible larger deals given the size of the Japanese financial group, con: lower bonus, exits aren't so great?
Love to know what decision should I make, thanks yall!
BUMP
FTP don’t look back
Had a friend lateral to FTP (VP not analyst). Heard fantastic things about the caliber of person there and the deals. One consideration - culturally / socially, do you like SF? Do you like it enough to pay a cost of living expense higher than NYC?
Having done an internship in SF, I'd say the cost of living is the same with NYC if not lower... The luxury apartments are pretty expensive but there's plenty of old styled condo with rent less than 2k for each person. The thing is I am from NYC and don't have a lot of friends in SF, even though the analyst at FTP don't get time to hang out with friends anyways
BUMP
kind of gnarly that you get vetted by the CEO of FTP (knowned to be a seasoned banker in fin tech). from what i’ve heard of their “strong culture”, this speaks a lot to some good parts; humanizes the analyst experience there (more than just a number but a person)
I spoke with the head of SF and the CEO after the superday and got the offer. From my experience is completely behavioral and they just want to make sure you know they work really hard. I didn't feel it was like a vetting process thou.
FTP hands down. It is the better bank and will provide you a greater experience that is more align with your interest. If you are afraid of making the move to SF bc lack of friends/family DON'T BE. SF is still a great city, it's not NYC but there is plenty to do.
Career wise, it sounds like FTP is a better fit for you. Also it would be fairly easy for you to lateral or transfer to a NYC office after a year or two with the experience you'll gain in FTP. Worst case scenario, you gain some great experience and live in a new city for a year or two.
Bump
I've heard positive things about FTP SF from former fintech analyst (at rival firm) and recruiter. Good exposure, good exit opps to PE, and growing reputation. Would go there if I had choice, despite SF having higher cost of living and being farther from home. Keep us posted either way -- both sound like great options.
Decided to take the SF offer given the firm's reputation and deal flow- analysts get little to no pitching from what I heard. Kinda felt bad for leaving NYC and my family were a lil sad but I guess that's what it takes. Thanks for your help!
Congrats on accepting. Best of luck.
Congrats
When was ur superday for Mizuho? and when did you get the offer? just wondering
12/14 and heard back on the next Wednesday I believe
from what I know (buddy who works at ftp), the analyst experience there is tough (hours) but they only execute (no pitching). for anyone who loves grind - that’s ur shop. but i honestly don’t know if you get traditional PE exits (tried doing linkedin browse). conversely, i do think you’d get better looks from recruiters at FtP than at mizuho
Anyone have an idea on comp at FT Partners? At analyst and Associate levels?
Sed fuga eius quam consequatur dolore. Qui fugiat et iusto aut. Impedit non et tenetur. Eos rerum dolores ut velit repudiandae. Sunt voluptatum error et necessitatibus rem architecto.
Sit illum fugiat fugiat dolores. Explicabo possimus velit consequuntur iure totam culpa. Autem nesciunt fugiat id voluptas quo sed doloremque. Repellendus qui quibusdam repellendus quia. Iusto illum excepturi voluptatum temporibus.
Aperiam quos tempore sit vel. Eum quos est nemo sapiente. Doloribus ea quis et quasi reprehenderit et quia. Aut voluptas exercitationem eveniet iste distinctio. Numquam vero officiis aliquid occaecati explicabo.
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...