JP Morgan Investor Services vs. Nomura IBD

printerboy's picture
Rank: Chimp | 12

I have offers for summer analyst positions at JP Morgan Investor Services (hopefully in the Prime Brokerage team) and at Nomura IBD, both of which are in London. My long term goal is to work in IBD and eventually cross over to PE so Nomura makes more sense for developing my skill set and showing my interest in IBD. However, the JP Morgan brand is obviously stronger than Nomura. Does anyone have any thoughts about which is a better choice strategically considering my career goals?

Thanks a lot for you input!

Comments (13)

Feb 6, 2015

Nomura hands down.

    • 1
Feb 6, 2015

Hi Oreos, thanks for your input! Could you explain your reasoning? Do you work in the industry? Do you think Nomura has a strong standing or is it considered an underdog?

    • 1
Feb 6, 2015

Hi Oreos, thanks for your input! Could you explain your reasoning? Do you work in the industry? Do you think Nomura has a strong standing or is it considered an underdog?

Feb 6, 2015
cgsolsson:

Hi Oreos, thanks for your input! Could you explain your reasoning? Do you work in the industry? Do you think Nomura has a strong standing or is it considered an underdog?

You want to do IBD? Then do IBD!! Nomura isn't phenomenal, but it has some respected guys and has sent a few analyst onto BX M&A etc. much better base to start a career from than PB.

learn to reach out to Nom alums and see what they think. much better than WSO. this done in the right way can be very valuable.

    • 1
Feb 6, 2015

Would be ridiculous to take JP investor services because of the brand over Nomura IB when you want to do IB.....also, would be easier to move from Nomura IB to other IB (likely inclding JP) than from JP investor services....

    • 1
Feb 6, 2015

Thanks for the advice, it's really helpful. Actually I might have the chance to do the JPM IS this summer and then do the Nomura 6 month rotational internship between London and Frankfurt, starting in January, after a bit of negotiation. If that doesn't work out I'll go for Nomura this summer. Again, great advice, thanks a lot!

    • 1
Feb 6, 2015

Take Nomura IBD if you want to do IBD. Brand isn't great but they have some decent teams and in recent years plenty of junior people have moved to tier 1 BBs and some have exited to MM PE.

    • 1
Feb 7, 2015

Nomura hands down! The JPM brand name won't help as much as relevant work experience. And it's not like Nomura is an unknown boutique. Having said that, you may need to network that extra bit harder to get noticed by some of the PE firms out there - perhaps consider a lateral in the near future (don't know too much about this and breaking into PE tho).

Bitch please, I love bananas! If you found my advice useful, hit me up with one.

    • 1
Feb 8, 2015

Nomura is definitely the way to go if you want to do IB long term. Not familiar with the JPM Investor Services exit ops, but I can't imagine the experience would be more valuable than real banking experience at Nomura.

    • 1
Feb 8, 2015

Nomura hands down

    • 1
Feb 8, 2015

Thanks everyone! Seems like consensus is clearly for Nomura!

    • 1
Feb 10, 2015
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