Urgent: Advice Needed on SA 2020 FSG BB Offer vs. Top-Tier Tech Recruiting

Subscribe

Hi everyone,

I currently attend a West Coast target school and recently received an SA 2020 offer from a solid west coast FSG (think CS LA, BAML SF, Barclays LA). However, I am not 100% sure on whether to accept. To give context, while PE exit opps at this office are definitely great and I don't mind going to PE, I want to eventually work long-term in venture capital. To be honest, I am not sure how feasible it is with an FSG background; people have told me that TMT coverage would be better suited for placing into top VC funds.

Personally, having interned in tech and VC before, I believe I have a strong-enough experience to secure first rounds with strong tech groups (GS, JPM, Evercore). Getting the offer is a different ball-game, but I think I'd have a decent shot. The real issue on my mind is that their timelines don't start until after this current offer expires, which is in 2 weeks.

What would you all suggest I do? Should I accept the offer and try converting FT, decline and keep recruiting, accept and keep recruiting (is this option common/reasonable?), or anything else? I would really appreciate some advice, as I honestly can't make up my mind with what I considered so far.

Comments (6)

Start Discussion

Total Avg Compensation

September 2020 Investment Banking

  • Director/MD (17) $704
  • Vice President (45) $323
  • Associates (255) $228
  • 3rd+ Year Analyst (37) $203
  • 2nd Year Analyst (141) $153
  • Intern/Summer Associate (133) $141
  • 1st Year Analyst (561) $129
  • Intern/Summer Analyst (544) $82

Leaderboard See all

1
Jamoldo's picture
Jamoldo
98.3
2
LonLonMilk's picture
LonLonMilk
98.3
3
Secyh62's picture
Secyh62
98.2
4
CompBanker's picture
CompBanker
97.8
5
Addinator's picture
Addinator
97.6
6
redever's picture
redever
97.6
7
Edifice's picture
Edifice
97.6
8
frgna's picture
frgna
97.5
9
NuckFuts's picture
NuckFuts
97.5
10
bolo up's picture
bolo up
97.4