Houston EB or NYC MM
The title is pretty much the question. If I had offers at an EB in Houston EVR/MOE and a MM bank in NYC Jef/HL, I wouldn't be crazy to turn down Houston EB for NYC MM, right? Kinda worried energy role would silo me too much.
The title is pretty much the question. If I had offers at an EB in Houston EVR/MOE and a MM bank in NYC Jef/HL, I wouldn't be crazy to turn down Houston EB for NYC MM, right? Kinda worried energy role would silo me too much.
+141 | How to stop feeling like shit for not making it in IB? | 55 | 57m | |
+106 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 52 | 10m | |
+66 | Updated LA Banking Scene (2024) | 49 | 11h | |
+57 | Why Is It Called Investment Banking? | 20 | 32m | |
+38 | Ranking banks that went under | 19 | 15h | |
+32 | A strategy for SA applicants late to the game like myself | 15 | 3h | |
+32 | Burnt Out M&A ASO | 17 | 1h | |
+31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 3d | |
+29 | Relevance of A-Levels for U.K. London recruiting | 21 | 9h | |
+26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 1d |
Career Resources
Very valid decision in my opinion. Jefferies and HL are reputable banks for sure. Everyone would understand not wanting to be silo'd in O&G, especially in this environment.
You don’t want to be in oil and gas trust me
Would need to know more about which specific groups within the MMs that you are referring to in NYC... but, as someone who has worked in energy IB -- Evercore Houston is top of the pack and they have the best PE/HF exits of any bank in Houston. Take a gander at LinkedIn if you want some proof.
And to those commenting on the headwinds in O&G, Moelis and Evercore have tons going with all the restructuring going on in the space. Can't speak for Moelis because I'm less familiar with the people that have worked there but you will not be pigeonholed into Energy-only exits if you are smart enough to do well at Evercore.
Similar to comments above, I think u should go for the offer at the EB in Houston. You can recruit full-time NY and you will have a very solid reason for doing that. With the amount of restructuring work, I think it's an exciting position to be in, if you are in Houston.
EVR/MOE are literally the best places to be in Houston. Huge mandates for both, and exits at both are great.
One of these EB is not like the other...
Et est nostrum sed pariatur delectus. In sit eligendi voluptatem voluptatem. Exercitationem dolorem in earum excepturi. Aut voluptas earum molestiae quisquam.
Voluptate nam esse temporibus omnis adipisci ex ut recusandae. Qui suscipit occaecati id accusamus ipsa.
Aut distinctio qui earum molestiae aut. Aut nemo omnis voluptas vitae cum excepturi sit. Dolor et eum unde et sequi.
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...