Which offer would you take and why?

SA 2021: have two exploding offers and not sure which one to take. BAML Levfin v CVP Healthcare. Both in NYC. Got accelerated for both through network/diversity events.

 

if you’re interested in 2 years and out, go baml.

think it’s more of a debate if that’s not the case. what are your feelings on Levfin v. Healthcare?

EDIT: didn’t know CVP was generalist

 
Most Helpful

Really just depends on what you are interested in doing.

BAML LevFin - work with all industries and various sorts of transactions (LBO, Recap, M&A, Refi, etc.). They underwrite very large and interesting deals. Have a friend that was in the group. It is a large group, decent culture, and hours 8:00am-12:00/1:00am. Exits are pretty great, but very individualistic. Some want to do Private Equity, some want to do Private Credit, some Hedge Fund, some want to do interesting things outside of those. The group will put you in front of the right people and affords a breadth of types of exits, but quality of exits is up to your abilities/interests. They have the #1 Credit Fund exits I have seen though.

CVP - Did not know it was not generalist? But, I have a friend at CVP. 3 Year program with a hefty bonus clawback if you leave early. You will get paid almost 2x more than most top banks. Hours vary, but they do grind a lot. You'll be working on M&A transactions with solid dealflow. I hear its a decent culture and many at CVP stay for the long haul. However, exits are there if you realize banking is not for you.

This is a decision up to you and there is no wrong one. Just try to ignore prestige whores who have yet to hit a desk/have their balls drop.

 

Est est deleniti eos ipsum et et. Id quaerat odio expedita magni. Labore aliquid amet autem consequatur sunt. Voluptatem modi ducimus incidunt quis quos qui.

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”