Guggenheim vs Greenhill vs PWP
Recruiting for SA in M&A with offers or interviews at these three. Im curious what people know about them in terms of culture/exits/pay? They seem pretty similar to me
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Analyst at one of those banks here. Not going to say which one you should pick because I'm biased but keep in mind that you'll start full time in 2022 so trajectory is very important I can see the case being made for any of these banks. Congrats and Good luck with your interviews
For exits you’ll get looks from headhunters for top funds at PWP and GHL for sure (met kids during on-cycle MF interview from these two). Not too sure about Gugg but I’m sure it’s possible, although probably to a lesser extent than the other two.
In terms of experience (most important thing imo) I would say PWP/GHL over Gugg. Gugg has a massive analyst class of ~60 in NY, which is a ton relative to the number of deals they do per year. PWP/GHL are a lot smaller, and you’ll get more exposure to different kinds of deals.
Overall would go PWP if you land an offer - in a better spot than GHL atm
Also an analyst at one of these and second everything said. Would agree PWP unless you specifically want Rx or M&A
A
What is the culture at PWP like?
also, between PWP and Evercore, which one would you choose? I have interviews lined up at both of these.
Has non-diversity recruiting started already? Would choose Evercore PWP has a good culture, long hours like anywhere else. People are friendly
At PWP, yes.
At Evercore, at some universities, yes.
What is the class size at PWP (NY) like?
Class sizes are bigger at Gugg but the 60 is divided between M&A and RX. Did a quick LinkedIn search and Gugg analysts do go to MFs but the class size is larger than the other two. Historically PWP and GHL have had more MF exits but they've also been around longer
My buddy works at Gugg, said last summer's intern class had only like 5 or so in RX. A huge chunk of the 60 are in advisory
Millstein acquisition probably played a role in the low # of RX interns.
This is an easy one!
PWP
Gugg (assuming non RX, but still wayyy below PWP even if in TMT/HC, class size is too damn big, low quality analysts)
Way last..... Greenhill
Reasoning on Greenhill as a worse analyst experience than Gugg? Is it based on conversations with former analysts?
GHL will be a better analyst experience than Gugg, but I like to imagine people would care about actually becoming a part of a growing platform with a vision. If all you care about is leaving the role as soon as you walk in then go ahead and pick GHL over gugg.
Definitely not low quality analysts... None of these jobs are easy to get
.
rx or m&a
You are an intern.. what the fuck do you actually even know about IBD rankings when your feet haven't even touched the floors of a banks offices yet lol
Guggenheim hasn’t even started yet to my knowledge..
Networking events at targets, not sure about interviews (maybe I just didn’t get one lmao)
Reprehenderit neque fugiat ipsum iusto. Quam sapiente excepturi tenetur voluptatibus.
Accusantium aspernatur officia dolorem consequatur eveniet adipisci molestiae vitae. Rerum voluptas eveniet odio consectetur commodi. Ea architecto molestias aut illum.
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...
Illo aut et eos dolor veniam et est. Nam qui cum soluta sunt. Quia aut impedit fugiat quia dolorem.
Rerum eveniet cum quisquam enim autem. Ut temporibus dolore dolorum ipsa nesciunt. Iure vel ab autem. Nostrum itaque ad fugiat eaque velit sit. Delectus molestias voluptatem possimus delectus hic quasi. Ab voluptatem et occaecati nostrum dolor ipsum.
Eaque repellendus non est perspiciatis ducimus beatae voluptas. Blanditiis provident at quae aspernatur nostrum et. Quia eum id doloribus voluptatibus doloribus sed eaque atque. Ex est libero qui animi distinctio blanditiis id.