Have SA offers from these two. Both NY.
Leaning towards BAML just because it's bigger and seems more established. Obviously want to have more rationale before picking, though. Any opinions?
| +156 | UBS Tech layoff | 52 | 9h |
| +143 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 29 | 6h |
| +138 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 20 | 1h |
| +57 | How do YOU manage networking requests? | 16 | 7h |
| +46 | Are target prospects getting dumber? | 20 | 2h |
| +37 | What Differentiates the Best Analysts as AI Improves? | 9 | 3d |
| +36 | Quitting After First 4 months | 12 | 12h |
| +34 | MBB Pay Raises | 26 | 12h |
| +33 | Cornell Club T10 Rankings (UPDATED 10/2026) | 19 | 1d |
| +22 | Leaked Interview Questions to Chinese Recruiting Services | 14 | 19m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Should add that I probably do not see myself in banking for the long run
It's BAML then.
Mind if I ask why you say BAML (understanding the OPs comment that he is not in it for the long run)? Is there a greater benefit to do BB with short-term goals for banking? Just trying to understand the thought process.
Yes. A BB will attract more headhunters and therefore give you more buyside exit opportunities. So if you want to leave the industry after a couple of years, going to a BB makes sense.
In this case, however, I actually don't think it'll make too much of a difference. Jefferies has come up in leaps and bounds and it's probably not too uncommon for people to pick it over lower BBs.
it makes sense to go with BAML. IF you really like Jefferies, you can always go there after (if you're good).
Need help deciding between BAML and Jefferies (Originally Posted: 11/05/2015)
So I have an offer from both banks in NYC. Need help deciding between the two! Specifically on quality of life, exit ops, culture, reputation, or literally anything that could help me decide between them. Thanks!
Bump
If it's for ER, go with BAML - they have better rankings and a wider client base
Matters on the group.
BAML con- have the reputation of churning and burning jr professionals. To the point the exit finance all together.
Jefferies con- clawbacks, even for associates.
I would go with BAML personally. You're probably going to work hard in both places
thanks everyone. any other advice?
BAML, unless you feel like Jefferies has a better culture.
Follow the people. These are two firms known for being personable, etc., so at this point you should go with what your gut is telling you.
Def BAML unless you know the group for Jefferies
When do you have to make the decision for both firms?
BAML simply because JEF program is generalist so even if you get a FT offer you get thrown into a pool with other FT analysts as you network your way into a group. Your downside at JEF if you are not in HC / Energy is much greater. BAML has some more solid groups and it's still a BB for what that is worth.
If it's ER, BAML hands down.
If I were you I'd go BAML
Because its pretty similar ill ask it here. what are your guys' thoughts between BAML Palo Alto (tech) and Jefferies for SA?
BAML Palo Alto has pretty solid deal flows last 2 years and people seem very nice (in banking standard). Also the protected Saturday is a real thing (at least for associate). They are strong in software/enterprise/semis but just so so in Internet vertical.
Go BAML. Culture there (from what I heard) is pretty good, also being a BB is a big plus for opening up more opportunities. Jefferies in my impression is such a sweatshop (partially because it's a smaller firm and trying to win the market size), so I'd expect work-life balance to be harder. And they seems to not even have an on-site gym, which disappoints me a lot when I was looking at them. Think it's not that hard a decision to make -I'd choose BAML if I'm in your shoes.
Quam doloribus est laborum placeat nesciunt consectetur. Qui quas perferendis dicta voluptas est quia. Possimus cum rerum sit mollitia accusamus error. Sed ad aliquam iusto dicta deleniti ullam magnam possimus.
Quidem nesciunt et maiores qui odit aspernatur omnis quo. Nobis voluptatum molestias dolorem harum accusamus. Ex beatae perspiciatis laborum modi. Voluptatem et soluta nobis id eos atque ratione. Ut perspiciatis ipsa sed voluptas.
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)
or Unlock with your social account...
Quis commodi incidunt omnis sint officiis ullam dignissimos et. Excepturi libero ea aut aut. Delectus nisi asperiores earum ex est soluta. Qui ad dolores laboriosam est.
Sequi cum tempore similique distinctio minus itaque animi laboriosam. Incidunt earum sit laborum sit. Sunt optio rerum architecto sint qui quidem. Perspiciatis qui iusto itaque voluptatem.
Sunt consequatur et porro neque et. Itaque quisquam laudantium autem repellat ea. Repellendus et corporis voluptatem qui atque eos non. Autem laudantium labore fuga voluptas et quaerat nemo dolores. Sit voluptas a autem culpa qui pariatur qui excepturi.
Voluptatem aut vel architecto consectetur voluptatibus dolores. Soluta veritatis doloribus ut sequi dolores. Odit sint quia non est ipsam et.