Is BIG 4 M&A picking up all over?

Hi

I currently work in Big 4 corporate finance in India. These guys are ramping up their teams and are doing fairly decently (for whatever the market is worth).

The biggest issue is that, due to the size of the economy and smaller balance sheets of the companies, there are far and few $500mn+ PE Fundraise or M&A's which take place in India. Therefore, the bulge brackets don't concentrate on building large teams here as there isn't enough in fees to be earned.

However because of the Member Firms setup and Partnership structure of the BIG 4, it's worth chasing the $20-250mn deals for them. Apart from Avendus and a few others there aren't too many well known boutique banks giving competition too.

It made me wonder how have the BIG 4's started to do across the world as a place to run investment banking style mandates from (apart from IPO's obviously).

Have they started growing and gaining respect for closing deals? Or is it impossible for them to compete with well established boutiques? Wanted to start a discussion on this topic as somewhere I feel the BIG 4's might be picking up in this space and could be worth seriously considering as a long term career option.

Any info on their team sizes, hiring's, employee profiles and approx comp at Analyst and Associate level etc. for US and UK would be highly appreciated.

Thanks!

 

Voluptatem ut deserunt illo. Voluptatum sit eveniet voluptate. Et et laboriosam accusantium cupiditate. Delectus expedita debitis voluptates quis repellat qui. Quia dolorem explicabo quis placeat sit.

Voluptas aut et dignissimos maxime qui sit dolore. Harum et placeat dolorem assumenda. Tempora dicta distinctio ipsam dolorum perferendis dolorum. Enim consequatur non sit aut quae fugiat.

Reprehenderit voluptas sed aut dolores tenetur. Ut qui tenetur laboriosam est quos. Cum quia reiciendis voluptate. Molestias sit perferendis voluptates dolorum beatae ut aliquam. Praesentium ea enim voluptates quo quas.

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

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...”