Moelis NYC 2021 - Best Groups?

Hey all,

Saw a similar post for EVR and with NY MoCo cutting the generalist program, thought it would be very relevant for incoming SA/Analysts.

Wanted to get some thoughts from current/past members of the street/MoCo on the top groups to join at MoCo (culture, exits, dealflow) and strength of the TMT group in NY? I know Media in LA is strong but wasn't sure about the NYC presence, and there isn't much info on WSO about recent NYC developments. Can anyone confirm/deny? Also interested in hearing if people have thoughts on other groups like Transpo, HC, FIG?

Thanks so much!

Comments (33)

Dec 20, 2021 - 7:58pm
WSO Monkey Bot, what's your opinion? Comment below:
  • Incoming Analyst in IB - Gen
Dec 23, 2021 - 1:08am

Heard from friends that HC and business services are seen as good groups but very sweaty. Ton of people in consumer left and has weaker deal flow, but would love to hear others thoughts

Most Helpful
  • Analyst 1 in IB-M&A
Dec 23, 2021 - 12:08pm

NYC OFFICE ONLY

---

Gaming/Cannabis - best group in terms of deal flow/people/culture. Everyone in those groups kill it and are great to work with.

HC Services - best group at the firm for deal flow and PE exits but you will get grinded. All the VPs quit over the summer but group does a good job recently of staffing up two analysts and two associates to help with workstreams. You will get really good quickly.

Business Services - solid. Great people and good deal flow

Chemicals - great people and cool deals

Broader industrials - also a great group

Media - very interesting deals but super sweaty. 

Tech/Telecom - would definitely avoid

Asset Management - best people to work with at the firm and they do tons of deals

RX - arguably the best or one of the best groups on the street. People are incredibly sharp and great people to work with. Don't waste your time on bullshit tasks which is great

Other groups not mentioned are good just unfamiliar with

  • Analyst 1 in IB-M&A
Dec 23, 2021 - 12:11pm

OP here

Life Sciences/Pharma: super sweaty and technical. Do alot of public work and good in the sector if you like that.

MedTech: up and coming group and the team is super nice. Very technical. Solid deal flow

Dec 23, 2021 - 12:43pm
WaccFinance, what's your opinion? Comment below:

Thoughts on their PU&I group? Or are u referring to that as Industrials?

Array
Dec 24, 2021 - 2:03pm
ricyan, what's your opinion? Comment below:

RX at Moelis is better than PJT RSSG and EVR RX - given best on the street comment???!?!

Progress is impossible without change...
  • 1
  • Analyst 1 in IB-M&A
Dec 24, 2021 - 3:52pm

not necessarily the "best" since that is impossible to define but they consistently get top mandates and are always competitive so would definitely say they are top tier for RX

  • Analyst 1 in IB - Cov
Dec 24, 2021 - 9:44pm

Why avoid tech? How is the group in general? Honestly don't hear them mentioned in terms of tech banking at all

  • Analyst 1 in IB-M&A
Dec 28, 2021 - 3:40pm

all the cool tech deals are done out of LA and the tech bankers in NYC are a bit...unfriendly

Dec 28, 2021 - 3:58pm
banking432, what's your opinion? Comment below:

Do you know if Healthcare Services is still looking to hire Analysts? As individual groups start to break out, are they more likely to go internally or get external lateral hires? 

  • VP in IB-M&A
Dec 28, 2021 - 5:16pm

This is a pretty good summary, I'll add a few:

M&A - (assuming they hire analysts), very technical and you'll do high profile stuff but generally they are called in for the real 'hairy' stuff (since every group is technically doing M&A) so can be sweaty

FinTech - new team compared to the other groups so less deal flow but still developing

Capital Solutions - they may end up recruiting separately but exceptionally active, especially with SPACs. At the junior level it feels like the coverage teams do more of the lifting though

Consumer - small team but think they generally have good feedback from the juniors that work with them

P&U - quite a bit or turnover since COVID in the middle ranks but the MDs are all very senior/established and have good dealflow. Seems like the team has stabilized and generally juniors seem to either really like it or avoid altogether

FIG - not a very big group (as opposed to BBs where it is normally a massive group). As mentioned above the asset management team in general has great feedback from the juniors and has nice deal flow (but is just like 1 MD). The rest of the group is more 'specialty finance' oriented and generally works with the Chicago team as well on more specialty lending, leasing, etc. type things

  • Associate 1 in PE - Other
Dec 23, 2021 - 5:21pm

Deleted

  • Analyst 2 in IB - Gen
Dec 26, 2021 - 9:31pm

Just curious, are you saying this having had experience at Moelis NY?

  • Intern in IB-M&A
Dec 27, 2021 - 12:30am

I swear I read that MC switched away from generalist programs for analysts, but only to coverage groups. Am I recalling this right? Like you can't be on an 'M&A' or 'Rx' product group as an analyst?

  • Analyst 1 in IB-M&A
Dec 28, 2021 - 3:39pm

they switched from generalist for next years class and onward, not for current analysts. And it is industry siloed now, so you will still work across M&A and RX in specific group

  • Incoming Analyst in IB - Gen
Dec 28, 2021 - 6:24pm

Adipisci est ad odit minima quis aperiam qui. Voluptatem illo animi quas. Ea debitis quae iste soluta corrupti enim.

Omnis quo ut blanditiis ea ad fugit voluptas sed. Assumenda odit illo consequatur dolorem. Expedita modi repellendus qui et voluptatum. Nemo deserunt et reprehenderit temporibus iusto officiis explicabo beatae. Ut consequatur aut qui.

Error voluptatem perspiciatis itaque placeat. Numquam repellat dolor assumenda iusto accusantium quam. Voluptate doloremque pariatur officiis voluptas laborum quidem occaecati.

Sit est accusamus sed mollitia quis nisi id. Hic ad natus saepe earum. Facere consequatur voluptate tempore.

Start Discussion

Total Avg Compensation

May 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (36) $393
  • Associates (179) $247
  • 2nd Year Analyst (109) $161
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (348) $148
  • Intern/Summer Associate (73) $146
  • Intern/Summer Analyst (272) $91