Top 3 BB ER vs. MM IBD

Hi - I have SA offer from one of the top 3 BBs (MS,GS,JPM) for ER and an offer from MM bank for IBD. In the future I would like to work in IBD and so wanted to query about which one do you think would set me best for a career in IB. The reason I'm split is because the BB offer carries a big "brand name" whilst maybe not being as transferrable as MM one. Thanks!

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Comments (6)

Nov 20, 2020 - 1:26pm

Would go with the bigger brand name, especially earlier in your career. 


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Nov 20, 2020 - 1:50pm

I would also look at what group for the MM IBD. A lot of MMs have one or two renowned groups that go anywhere so that would be important  (e.g. Macquarie's infrastructure group, HL RX group)

Nov 20, 2020 - 1:57pm

Depends what you want to do. If you want to go to a hedge fund, just go with ER. If you want middle market PE, go with middle market IB.

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Nov 20, 2020 - 3:15pm

I am surprised by the other comments. If you want to go IB, then do MM IB. You could likely lateral to a bigger shop if you were so inclined, but could also do MM PE. ER to IB will likely be difficult even at a top 3 bank, and I think going HF route would be easier from IB.

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