At a BB and have the opportunity to move from my industry group to another one of the groups listed above. Which sector do you think has the best outlook over the next few years, which sector or group do you think will bring in the most revenue? These are all strong performing groups at my firm, I really want to be in a sector that is growing and will be bringing in a lot of revenue for my firm. Which would you recommend?
| +276 | CVP 2025 Summer Analyst Class Is A JOKE | 130 | 3s | |
| +107 | The "Not So Obvious" things that get you a return offer? | 10 | 20h | |
| +62 | Ex-JP Morgan analyst awarded $35M decade after NYC building’s glass door suddenly shattered on her | 15 | 1d | |
| +36 | Pros and Cons of the BB coverage groups | 16 | 5d | |
| +35 | Georgetown Placement for 2024 and 2025 | 22 | 22m | |
| +34 | BIG FOUR ARE PARADISE | 6 | 4s | |
| +32 | Best IB group on the Street | 14 | 14h | |
| +29 | How to deal with egotistical team? | 6 | 17h | |
| +27 | UBS Outlook | 19 | 1h | |
| +24 | Targetish LAC for 100k debt? | 14 | 6d |
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.
Completely dependent on the bank. See how much revenue each group generates and how placement has been in your class/prior classes. I’d generally avoid FIG but, again, it depends on your bank.
I'm planning on staying on as an associate so I don't care about placement too much. I am trying to think higher level/sector performance
Definitely look into revenue then. Also if you’re planning to be a career banker/staying a2a I’d reach out to some senior bankers. See which group has the “better” people. Also for industrials/tmt would you be willing to move to SF/Chicago? Some banks have forced some of my friends to move to stay on/build out an office. Clients will always need an IB (cap raise, M&a, etc) so I would consider which you like working on more (maybe there would be more IPOs in tech vs sponsor work with industrials and bond issuance for fig)
If you don’t care about exits, then I would say FIG is the move. It’s one of the biggest revenue generating groups at most banks and financial institutions will always be present given how vital they are to the economy. Plus, other people don’t want it much because of its niche nature so there won’t be too many people fighting for promotions down the line.
Seconded. If you plan on staying in banking, FIG is quite attractive. FIG is the largest revenue generator for almost all BBs. Also a more stable group give its counter-cyclical nature. TMT is strong too depending on the bank, but don't expect to be working on the hottest tech deals right off the bat. Many kids go into TMT because of tech but gets stuck doing boring teleco half the time.
All things equal, I'd vote TMT if you have a desire to exit into tech or live on the west coast.
I’d personally rank tech and industrials as pretty even top choices, with fig ranked last. I personally find working with more traditional companies is more interesting than traditional fig companies (namely dealing with the ever changing regulatory landscape with banks, dealing with capital ratios, etc)
However, the fact that you want to stay for the long term is important. As anyone would tell you and I’m sure you know, if you can’t stand your team it won’t matter what group you’re in.
If I were you, I’d select tech if the culture is good.
Thanks. TMT is obviously attractive to me and very interesting in the current markets, I am just not sure about long term prospects as well as consistent revenue generation y-o-y
Accusamus quae eum at repudiandae sunt soluta. Non aut est vero harum voluptatem. Enim est repellat repellat excepturi officia eos sint. Debitis at voluptatibus aut. Qui pariatur et mollitia et ullam quos. Nulla quis nihil necessitatibus. Suscipit qui atque maiores porro et sunt voluptas sed.
Magnam sed qui qui voluptatum error et. Voluptates similique quos eos accusamus voluptate.
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...