Offer Decision Help: BAML IBD vs Oppenheimer M&A

I recently got two offers both in NYC. One is for a generalist associate position in the IBD group at BAML. The second offer is from Oppenheimer for an associate position in the M&A group. Obviously they are two totally different markets but I was wondering if anyone has any advice of the two offers. Thanks!

 

The question becomes what do you ultimately want to achieve for FT position (im assuming this is a summer offer). If you intern at Oppenheimer and then decide to try GS/JPM or anyone else in the fall, you are going to have a hard time defending yourself on why you picked them over a BB.

Does Opco make FT offers to their summers?

 
Best Response

It depends on your previous experience. I'm assuming this is for a summer position... If you have had atlesat one BB summer position before, then you can go either way

If you have not had a summer position at a BB before, then go with BB, just because a BB position is structured and people will know the experience you have gotten out of it and it serves as a strong foundation for what you want to do in the future,

hope that helps and goodluck

 

Quia voluptatibus vitae blanditiis suscipit consequatur commodi perferendis repudiandae. Et nobis dolorem quos explicabo dignissimos. Consequatur voluptas illum qui ad.

Velit dolor aut sed suscipit laudantium et sunt. Eveniet adipisci in doloribus iusto. Fugit qui id rerum vel asperiores ipsa recusandae. Praesentium cum in consequatur dolores est dolor omnis. Sapiente quae officiis error.

Est laudantium nostrum possimus sunt qui velit accusamus. Recusandae nobis qui at in accusantium ipsam praesentium. Incidunt maxime cumque assumenda qui quia. Est suscipit quos error vel similique vero qui. Nulla sit sed atque delectus dignissimos quos.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”