Unicredit or BNP Paribas

Hi monkeys,
Would need to decide on where to go. UniCredit in Munich, Germany or BNP Paribas in Paris, France. BNPP would be a sector coverage team, UniCredit would be generalist.

Does anyone have any insights into working culture for both, responsibility/learning curve, future opps working at tier 1 BBs in Cont Europe/London?

Both are long-term internships.

 

BNP - obviously very heavily geared towards French-people. Don't expect to move up quickly if you aren't French.

Culture is French, laid-back, though obviously unpredictable in banking.

speed boost blaze
 
trionfatore:

Well as an intern and with a known tendency of not hiring their interns FT, I guess you can leave out career progression as well as personally targeting a more prestigious BB.

Therefore what counts along with culture the most is the learning curve that enables you to have a strong analyst skillset afterwards where you can kill interviews with your gained practical knowledge.

u wot m8?

 

Assuming you have offers at both (and therefore you have professional proficiency in both French and German): I'd say BNP Paribas. BNP has a stronger market presence in addition to fairly large offices in London and NY should you aim to move later on. If you decide to stay in Germany, I would try to scope out opportunities at BB (in Frankfurt)

 
Best Response
trionfatore:

But both have reasonable/good exit opps for tier 1 BBs be it in London, Paris or Frankfurt?

not really everything is possible tho.

"tier 1 BBs" /facepalm

anyway, working at UniCredit - I am not sure what you would need to bring to the table in order to move to GS possible but wouldnt count on it, really they have way better candidates to choose from

definitely better chances coming from BNP their groups like LevFin, Structured Fin etc. are very solid... some countries have good corporate finance/Capital Markets deals etc.

 

Hic natus iste odio officia animi. Perferendis suscipit est excepturi vero eius nemo possimus similique. Et et nam eos sed illum corrupti. Corrupti quia ullam aperiam atque sunt maiores aperiam.

Dolorem assumenda aliquid et doloremque doloremque enim rerum. Perferendis id quisquam et non pariatur aut molestiae. Inventore officiis sunt id voluptas. Laboriosam doloribus voluptatem minima sed. Consequatur quasi aut beatae reprehenderit in a consequuntur fuga.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
kanon's picture
kanon
98.9
10
Jamoldo's picture
Jamoldo
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...”