This is definitely, "the real questions," right here. Just put all three in a hat, blindfold yourself, spin around a few times, then quickly reach in and pull out the first slip. That's which offer you should select!
Not really sure what about this post makes you upset, what is the point of this forum if it's not to get perspective from other people with experience in this industry.
Seems like you don't even understand the offers that were made to you. It's a bit ironic considering that these are professional roles that typically require a high degree of self-awareness and composure.
I'm going to assume this is for SA. These are some of the things I would recommend you consider:
This will echo many, many threads on here, but you should probably go with the people you liked/connected with best. Do you have a proportionately larger number of alumni or friends at any of the three? You mentioned you don't care about prestige, but you may find the networking opportunities better at JPM.
Are you familiar with the group selection process for each and do you have industry preferences? There are a handful of threads floating around about which groups are best at particular banks. I'm guessing you're from a target/strong semi-target to have all of these offers and still not know which bank you'd like, so you may want to consider just how strong your interviews & resume were. If you destroyed the interviews at Barclays, but feel as though you were lucky to get in at JPM then you may not have as great a chance at your top group choice from JPM vs. Barclays. On the other hand if all you did was number your choices at the superday somewhat arbitrarily then this is irrelevant.
First of all, you didn't get a short-term exploding offer from JPM? They're widely known as having the most unethical HR department and typically do this for SA. To that end, are you thinking SA or FT, because with SA it is worth considering where you will do best/shine the most and have the highest return offer chance.
That being said, I would seriously question advise against going to Barclays unless you have great connections there or feel as though your group placement would be significantly better. In terms of the other two, JPM is definitely both the most "presitigious" but also will have the best deal flow and best exit opportunities. That being said, in my experience, the guys there can be hit or miss. Some of the junior guys are really nice and down to earth and certain groups have great culture, but some people at JP take themselves really way too seriously and are pompous assholes I wouldn't want to work with in the trenches day in and day out. Citi is all about group placement. Some groups are top, some are really, really bad. They're a bit of a mess organizationally and I'm not sure they have the strongest medium/long-term platform, but they are on a tear this year and their deal flow has been amazing of late. Generally very nice and bro-ey guys if you're into that.
That's my take, but as other people have said, go with your gut. Go where you feel the best connection and you feel "right." I know that's hard to sense because typically you have good interactions with the places that make you offers, but your first instinct is usually right. Good Luck, you can't go wrong with any of them though. Congrats on getting some good offers.
Congrats on the great offers! I would advise going with the bank where you have the best network and like the people the most. Inevitably, this will translate into stronger group placement opportunities and a higher likelihood of getting a return offer (at the SA level obvi).
All three shops are solid platforms to launch your career off of so I wouldn't worry too much about being short changed somehow.
Unless there are group-specific considerations that you haven't disclosed (or aren't yet aware of), go with JPM. Bull markets - and we are in one - make everyone look pretty good, but Barclays is always one mediocre (never mind bad) quarter from seriously questioning whether it wants to be in investment banking at all. Citi is fine but JPM is better managed, has more deal flow, and will present better exit or promotion opps.
How do you draw the conclusion that Barclays is one mediocre or bad quarter from abandoning IB? Basing that on Chairman or CEO statements? League tables?
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Pariatur laudantium qui quos. Iusto et doloremque optio commodi et commodi.
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This is definitely, "the real questions," right here. Just put all three in a hat, blindfold yourself, spin around a few times, then quickly reach in and pull out the first slip. That's which offer you should select!
Not really sure what about this post makes you upset, what is the point of this forum if it's not to get perspective from other people with experience in this industry.
Seems like you don't even understand the offers that were made to you. It's a bit ironic considering that these are professional roles that typically require a high degree of self-awareness and composure.
Everything is group dependent, but on average JPM will have better deal flow and placement than the other two.
I'm going to assume this is for SA. These are some of the things I would recommend you consider:
This will echo many, many threads on here, but you should probably go with the people you liked/connected with best. Do you have a proportionately larger number of alumni or friends at any of the three? You mentioned you don't care about prestige, but you may find the networking opportunities better at JPM.
Are you familiar with the group selection process for each and do you have industry preferences? There are a handful of threads floating around about which groups are best at particular banks. I'm guessing you're from a target/strong semi-target to have all of these offers and still not know which bank you'd like, so you may want to consider just how strong your interviews & resume were. If you destroyed the interviews at Barclays, but feel as though you were lucky to get in at JPM then you may not have as great a chance at your top group choice from JPM vs. Barclays. On the other hand if all you did was number your choices at the superday somewhat arbitrarily then this is irrelevant.
First of all, you didn't get a short-term exploding offer from JPM? They're widely known as having the most unethical HR department and typically do this for SA. To that end, are you thinking SA or FT, because with SA it is worth considering where you will do best/shine the most and have the highest return offer chance.
That being said, I would seriously question advise against going to Barclays unless you have great connections there or feel as though your group placement would be significantly better. In terms of the other two, JPM is definitely both the most "presitigious" but also will have the best deal flow and best exit opportunities. That being said, in my experience, the guys there can be hit or miss. Some of the junior guys are really nice and down to earth and certain groups have great culture, but some people at JP take themselves really way too seriously and are pompous assholes I wouldn't want to work with in the trenches day in and day out. Citi is all about group placement. Some groups are top, some are really, really bad. They're a bit of a mess organizationally and I'm not sure they have the strongest medium/long-term platform, but they are on a tear this year and their deal flow has been amazing of late. Generally very nice and bro-ey guys if you're into that.
That's my take, but as other people have said, go with your gut. Go where you feel the best connection and you feel "right." I know that's hard to sense because typically you have good interactions with the places that make you offers, but your first instinct is usually right. Good Luck, you can't go wrong with any of them though. Congrats on getting some good offers.
hi TrackBack I was wondering why you would strongly caution against Barclays?
Also, what do you mean "organizationally" bad at Citi groups? As in how would this impact and SA or 1st year?
Thanks!!
JPM any day.
Congrats on the great offers! I would advise going with the bank where you have the best network and like the people the most. Inevitably, this will translate into stronger group placement opportunities and a higher likelihood of getting a return offer (at the SA level obvi).
All three shops are solid platforms to launch your career off of so I wouldn't worry too much about being short changed somehow.
Unless there are group-specific considerations that you haven't disclosed (or aren't yet aware of), go with JPM. Bull markets - and we are in one - make everyone look pretty good, but Barclays is always one mediocre (never mind bad) quarter from seriously questioning whether it wants to be in investment banking at all. Citi is fine but JPM is better managed, has more deal flow, and will present better exit or promotion opps.
How do you draw the conclusion that Barclays is one mediocre or bad quarter from abandoning IB? Basing that on Chairman or CEO statements? League tables?
Quae nobis totam ut nam temporibus dolores sit. Quasi rerum maxime nihil distinctio quod aut atque. Minima debitis reprehenderit est eos optio. Quidem maxime cupiditate nemo molestiae vitae debitis fugit.
Pariatur laudantium qui quos. Iusto et doloremque optio commodi et commodi.
Rerum a cupiditate praesentium excepturi. Consequatur at eum id pariatur qui earum. Sequi ea eligendi et. Aliquid officiis ipsa veniam voluptate blanditiis. Excepturi ut dolorem quasi ut sint ut ut quia. Expedita ullam voluptatem vel non qui modi unde officia. Expedita dolore repellendus vitae labore voluptas.
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