BB no question unless you are super into media or need to be in a boutique environment.

I don't know what comp is like at Guggenheim, but I doubt that it is any more than the BB's at the analyst level. Even if it was, an extra 5k-10k on your bonus isn't worth the (probably severe) drop-off in exit ops.

 

I knew someone who did his SA at Guggenheim and really liked it. He never really mentioned the sweatshop atmosphere though... Anyway, I would go with Guggenheim over the CS/Barcap/BAML. Guggenheim has been pushing growth aggressively and bringing in a lot of new people over the past few years so I would feel much more comfortable about job security there and getting paid bonuses, etc.

 
Best Response

i know someone there FT since i networked w/them a lot but was unable to get an offer

regardless, he got 70K base, 55K bonus (as a first year) so pay is street....arguably above street since most BBs arent paying well...and guggs is really trying to grow so im its not trying to be cheap/cut back in any means

i would have taken them over the top MM im going too HLHZ/Jeff/HW without hesitation if i got the offer. they've done a lot of interesting and big deals in just the 3 years the bank has been running. the NY office just poached head of DB HC ECM and is starting to lead their ECM effort. I echo Whiskey5 and wish i got the offer there/would love to be there....might sound risky, but hey thts just me.

I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought- GG
 

Literally all these questions ever boil-down to is group preference. I can't speak for you, but there are definitely multiple groups at each of the BBs you mentioned that I would turn down for far shittier banks than Guggenheim. The thing people don't talk about enough at BBs is that group selection can be a total crap-shoot, so while BBs are generally talked about in terms of their top groups, there's some pretty serious fucking downside risk of getting some obscure, undesirable group. Unless I had a pretty solid "in" at a top group I wanted at the BB I was at, PLUS a solid backup, such that my new expected value rises like crazy, I would take the sure thing of Guggenheim.

“Millionaires don't use astrology, billionaires do”
 

Almost three years here and still nobody gets that:

YOUR ENTRY LEVEL COMPENSATION DOESN'T MEAN SHIT AND SHOULD NOT MATTER TO YOU.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 

this website has too many jokers with an agenda. when someone is recommending guggenheim partners over bulge bracket investment banks you can be damn sure that such a person works/worked at guggenheim and is incentivized to mislead others into thinking it would be a rational choice to choose guggenheim. alternatively, the person could work for a similar firm and is therefore still incentivized to promote a place like guggenheim in the hopes that the new blood will come to wall street with greater respect for middle market firms (and therefore more respect for said person). "if only i can convince a kid on WSO...."

way too much of that shit on this website. the unequivocal answer to the question is to choose CS/BarCap/BAML over guggenheim partners. end of thread.

 

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