Hi, what are the main investment banks in France (especially Paris) other than Lazard and Rothschild?
I go to a semi-target in the US but I am French so I would like to go back there once I'm done in the US given the increasing difficulty to get visas here.
Would doing a semester abroad at one of the grandes ecoles help me to get in since banks almost only accept people from the grandes ecoles?
Thanks.
| +169 | The "Not So Obvious" things that get you a return offer? | 20 | 4h | |
| +101 | Is my life over after not getting GS? | 25 | 1h | |
| +65 | Best IB group on the Street | 27 | 6h | |
| +56 | BIG FOUR ARE PARADISE | 15 | 4h | |
| +49 | Thoughts and tips on how to speak like an investment banker. | 25 | 5h | |
| +46 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 22 | 10h | |
| +36 | UBS Outlook | 28 | 1d | |
| +35 | Georgetown Placement for 2024 and 2025 | 21 | 6d | |
| +34 | How to deal with egotistical team? | 6 | 3d | |
| +33 | Highest Paid Bankers in Toronto? | 51 | 3h |
Career Resources
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.
Other strong investment banks are the usual Bulge Brackets + banks like HSBC / BNP / SocGen / CACIB In the mid market space there are also strong players i.e. Messier, DC Advisory, Natixis, Sycomore, the Big 4s
If you have French nationality (= no Visa issues) it could be worth it doing a semester abroad in one of the top 4 schools (HEC/ESSEC/ESCP/EDHEC), especially if you want to live in France down the line
Thank you. I do have the French nationality. I was thinking about doing a semester abroad at one of the 4 schools you mentioned since the school I am at is well recognized in the US but not as much internationally. It would be a way to get a stamp of approval to work in France.
My long term goal is to go to the US or London but I was thinking that it would be easier to move out of France once I am already in IB.
I-banking in France (Originally Posted: 01/16/2007)
Lets say I went to business school in France; any chance of me getting a job as an associate at a bank in France upon graduation (assuming I'm semi-fluent in French)?
see subject.
Well, I mean, I if I could get into a French MBA program (especially Grandes écoles programs) I think that would be assumed! But with an accent of course. But I wonder if I-banks in Europe pay as much as they do in America since Europeans tend to not work that much (hours wise).
ok, i see. you said "semi-fluent" above, so i figured you were assuming you'd have conversational and basic working french, not fluency. generally, native banks in non-english speaking countries require it. See Mediobanca's career page. good luck!
Taxes in France are killer
?
Never said I was becoming a citizen or going to Paris. No point in paying both US and French income taxes. I want to go to the coast (like Marseilles) and since I speak pretty good French I might as well use it.
IB in France is only in Paris to my knowledge. That said, the beaches are only a few hours away by train so always an option for the weekend.
As mentioned above, fluency (by that I mean excellent language skills and understanding of the culture) is very important if you look for a job there through "external move" (inc MBA), since the vast majority of IB guys + clients are French. This is slightly less the case on the trading floor, but I'm guessing you mean M&A type jobs.
Oh, and for having been to a top Grande Ecole, I can tell you that the level of fluency foreigners graduate with varies a lot, no matter what they say in the brochures.
Pay is a joke compared with NY or London. For an equivalent job, Paris salaries will be 2/3 of those in London. Granted life is a bit cheaper in Paris, when you add bonus to base, you'll still be saving a lot less.
The big upside in France though is that you really don't need an MBA. So transfering over within your firm may well be the best answer if your language skills are reasonable (not sure how easy this would be though).
I can tell you that life in Paris is amazing and the french ladies definitely something to experience...
By the way, have you lived or studied in France?
Wrong, unless you are referring to bonus. Base + signing for US banks in Paris are actually very competitive.
Very correct. US banks pay as much as in London (maybe a tinny bit less). Large boutiques are also super competitive (Roth, PWP, Messier Marris etc)
love to work in Paris for a year or two. I studied abroad there and absolutely loved it. Definitely wouldn't mind working there.
Mean, tell me what numbers you have for starting analysts (paris salaries won't increase faster than london ones anyway).
By the way I was talking about all-in salary.
how about hours in France? don't hey have that 35hr/week cap? We were discussing this in one of my classes today and wondered how i banking hours are in France
i believe the cap is only for public sector employees. someone correct me if im wrong though
35 hour rule does not apply to any real jobs like banking
It depends on the business school you are going to..I think that INSEAD will open doors for you and HEC as well! HEC has a program with (LSE) a two year program where you can earn a masters degree along with an MBA however, if you want to choose this path you should secure a financial help and a good GMAT to break into the program but it will defenitly be a big WaaaW
Currently in one of the Grande Ecole programmes that you mentioned, I took a gap year and started an IB internship in a typical French bank. Actually the Grande Ecole seems to be the only way to get an entry-level IB job in Paris [open for discussion].
I am not French, so I can assure you that semi-fluent French is not enough at all. Even though I have 1-2 collegues who speak only English at work, yet clearly they become useless when it comes to conf calls with French clients (50%+ of the case), no wonder they are def not the first choices in terms of promotion.
Work/life balance is ok though, and life in Paris is amazing.
Feel free if you have any further questions on entry-level IB jobs in Paris. I'll be glad to discuss.
Hi, is MSc in finance at ESSEC a good way to break into BB? (Thinking in LevFin and M&A), I am a foreigner with French passport and i am considering doing the Msc. What is the starting salary? Thanks!
IB in Paris (Originally Posted: 09/23/2012)
Hey guys was wondering if anyone has any info whatsoever regarding IB in Paris? Culture/hours/pay? Also what firms are considered top-tier?
bump
bump! i want to know, too. i go to a targeted school in the US and am a US citizen - is there any chance i could do an ibanking summer analyst position/internship abroad after junior year? (preferably in paris, london or switzerland, though i have no german skills)
It's hard to imagine that a lot of top bankers would stay in France given the 75% top tax rate that was recently passed
C'est de la merde
damn.. so what type of job do parisians have!? cost of living is excessive in that city...
Guys, just one short question, what is standard in France, resume with or without photo?
Thanks!
Like for other countries, you should never send your resume with a pic.
False. You must to put a pic on your resume in France.
Do Lazard and Rothschild also pay at a discount to London?
Eveniet ad eos laborum eos reiciendis impedit illum. Quia velit quam ut minima autem. Repellat animi nulla excepturi. Eaque omnis quis sint doloremque sit veniam et. Harum aliquam ratione id ab quia.
Nemo omnis officiis ut. Quod autem delectus quas ullam unde rem quasi dolores. Qui quisquam aliquid consequatur tempora iure est ipsum.
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...
Eos est porro nisi rerum ex sit ex. Eius tenetur minima culpa ut sit laudantium.
Ipsa qui officia deleniti enim. Deleniti rerum sint neque quod dolor quo. Dolor modi enim autem ducimus fuga suscipit amet. Soluta eligendi debitis veniam ducimus cupiditate est. Eum dignissimos eligendi molestiae minus fugit omnis. Odit consectetur aliquam non consequatur excepturi enim placeat.