Jul 13, 2017
MBA SA - Evercore or JPM?

I am leaning towards evercore but is it dumb to turn away a top BB? What are your thoughts? Long term want to transition to buyside
Relevant Salary & Bonus Data
New York, NY - 2014
New York, NY - 2018
London, LND - 2018
New York, NY - 2016
Jersey City, NJ - 2018
Edinburgh - 2018
Wall Street Oasis Notifications
Please tell us a little bit more about yourself to send you the most relevant notifications
Get Notified?
Popular Content See all
- Investment Banking is BrokenI just left IB and went entrepreneurship way, so this is a bit of a rant post and a throwaway account, but felt like I need to share. With all do respect to hard-working individuals out there - investment banking industry is broken and absolutely worthless. The advisory side is the most...
- An Honest reflection from my first Summer Analyst role: The Good, The Bad, The Ugly (mainly bad and ugly)I come from a target West Coast school. I say target because being on the West Coast, there are only three name-brand schools you can land a job on at an i-bank on the West Coast. Those name brands from my POV are Stanford, Berkeley, and USC. I go to one of the first two. Hats off to the Moelis...
- Learning Curve as 2nd Year Analyst I am currently working as an investment banking analyst at a BB and 6 months after starting the job, I feel the learning curve flattens very quickly. I don't learn much from making another pitch book and even in the live deal, I feel the work I do isn't particularly exciting. Since...
- AMA: Non-Target -> 3rd Year Analyst MM IBUnfortunately turning comments on a pitch deck today so I have some time in between turns to do an AMA. Thought I'd give back to the community here now that I'm wrapping up my 3rd year at a MM. Definitely wouldn't be here today if it wasn't for WSO. ###Quick background...
- How I messed up my career and then got it back on trackA little mini rant/story about how I messed up my career but have finally (I hope at least) gotten it back on track. I started off on a Big Four graduate scheme. Initially in audit but then moved over to the transactions side. Great learning experience, worked on big clients, but not exactly...
- Nuances of Corporate Finance in each IndustryI want to start a thread talking about the nuances of corporate finance within each industry (Oil & Gas, Healthcare/Pharma, Aerospace & Defense, Manufacturing, Consumer Packaged Goods, etc). The impression I've gotten is that you can bounce around between industries in the first...
- Top Chicago IB Background: Notre Dame sophomore looking into Investment Banking internships/jobs in Chicago. Was wondering if there was a list or if people had suggestions of top IB firms and groups to start networking with.
- Why do most people suck at Excel?Microsoft Excel: the lifeblood of 21st century finance and business. A phenomenal spreadsheet tool used by the lowest level analysts through the most executive tier of management. A wonderful program capable of performing complex mathematics, charting graphs and calculating thousands of data...
- The WSO Job Board is Now FREE The WSO Job board is now free for anyone that wants to apply...all anyone has to do is upload a resume and they will be allowed to submit their application. Create Your Oasis Job Profile Here's a peak inside:
- Join the Email & WhatsApp groups for your city Join the email list for your city to receive updates on future WSO events in your city. When signing up you will also receive a welcome email with a link to join your city's WhatsApp group. We created these WhatsApp groups with the goal of making it easier for WSO members to organize events...
Leaderboard See all
1 | ![]() | 97.4 |
2 | ![]() | 97.2 |
3 | ![]() | 97.1 |
4 | ![]() | 96.9 |
5 | ![]() | 96.9 |
6 | ![]() | 96.8 |
7 | ![]() | 96.4 |
8 | ![]() | 96.4 |
9 | ![]() | 96.4 |
10 | ![]() | 96.4 |
Upcoming EventsSee all
- Feb20
- Feb20
- Feb21
- Feb21
- Feb21
Comments (4)
I work at an EB. I had multiple peers who turned down GS/MS for the EB, just like there are bankers at GS/MS who turned down EBs.
It is all about preference and the experience you want. Both are great platforms. You will make much more $ at EVR.
Considerations:
1) Pay is more at Evercore
2) You'll be more spcialized at Evercore (M&A) whereas at JPM (if coverage) you'll get exposed to debt and equity products as well
3) JPM, being a BB will have more support infrastructure (more extensive printing, graphics, training etc.)...not saying EVR will be insufficient, but the EBs run tighter ships--if you're coming from a non-banking background this may be a consideration
4) Overall associates at EBs work harder than at BBs--this is a function of the leaner structures (you'll work hard both places)
5) As a general rule (but not an absolute rule) you'll have less pitch meetings at EBs but books will be more in depth / bespoke--EBs compete on their ideas alone so really tend to be focussed on who they meet with, whereas often a balance sheet speaks for a BB, allowing them to cast a wider net
6) If you didn't work as an anayst, shifting to PE as an MBA associate is going to be tough...there are a million reasons why if you search through the forum. Essentially PE firms at the junior level want to hire people that can model extremely efficiently...which few MBA associates can do to the degree needed, or the hirer senior ex bankers--which you're years away from. Not saying it's impossible, but it really shouldn't be a factor between the two....it will be equally hard from both spots (but again possible with some hustle and luck).
.
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)
Want to sign in with your social account?
Want to Vote on this Content?! No WSO Credits?
Join Us
Already a member? Login
Popular Content on WSO
Related Content on WSO