Offer Help - Hoping to gain some insight

Blago99's picture
Rank: Monkey | 63

Hey everyone,

I'm hoping to get some insight into which of these BBs would give me the best experience for SA as well as the best chance to return for FT. I know that Citi and BOA traditionally accept many SAs back. Also, I'd like to get a good idea of presitge vs deal flow.

Citi, UBS, BAML, CS, Barcap.

All ibd nyc


Comments (8)

Jan 29, 2010


Barcap = BAML

:giant pit:


We are excited to formally extend to you an offer to join Bank of Ameria

Jan 29, 2010



Prestige: CS has been pretty strong, and is probably leading the second tier now. However, that said, I think in terms of sheer potential, I wouldn't be surprised if in a year or two BAML moved to position #4 (right behind GS/JPM/MS)

Keep in mind JPM was disparaged as an IB two-three years ago on this very forum. And look how things have changed.

Jan 31, 2010


Jan 30, 2010

They are global due to strong asia past year. I think they are weak in US, except Citi. I think Citi IBD is doing fine.

Jan 30, 2010

CS converted many interns in 2009, and from what I hear unless deal flow picks up in 2010 (thus leading to a greater demand for analysts to do the grunt work) the conversion rates will be much lower.

Although really you shouldn't look at conversion rates as you bellwether. Instead you should focus on which bank will give you most responsibility and greater experience/exposure, and that to a large extent depends on the group you are in. Some groups are really busy, whilst others are dead.

Just my 2c.

Jan 30, 2010

Thanks for all the input.

In line of what Banker88 said,

Wouldn't league tables suggest that deal flow rankings be:




Right now, I kinda get the sense that there's really no difference between the top 4 and its just going to come down to the sell day. Would I be crazy just to choose the culture that I like the most amongst those 4?

Jan 31, 2010

I think the group you end up in will matter more than the firm itself. Any of these firms will also give you great opportunities for FT interviews with other top firms. Between the four, you would not be crazy to choose the culture you like best. If you don't like the people you work with, you'll be miserable for 2 years.

Btw I know most people never consider this as a factor- but location may be important. BAML, Barcap, and UBS are all in midtown. I believe CS is next to Madison Sq. Park (23rd st), and Citi is on 388 Greenwich St. in Tribeca which seems like a shitty location.

If I were you I would choose between BAML and BarCap.

Jan 31, 2010