Jefferies

Rich Handler is too busy trying to slide into some Insta-thot's DMs to pay attention to the fact that his bank is giving out abysmally low return offer rates during a pandemic, even though they didn't terribly miss any targets, while other banks gave return offers to everyone. Also they sued bankers to get back signing bonuses when they left early, what a BETA move (this is only chill when Centerview does it). FUQKE Rich Handler. The steamy culture is only getting worse and "lean" teams are fuh-reakin bone slim now that they aren't bringing back many interns, especially for that Houston group

06 Aug 2020

Hi everyone, Curious to hear everyone's insights between these two groups. Would be great to know in terms of exit opps, comp, reputation, etc. Thanks in advance!

26 Sep 2021

Hi everyone! I have a TMT off-cycle internship first round with Jefferies London consisting of 2 short interviews - one behavioural and one technical. Any guesses what kind of questions I should anticipate and how I should prepare for this? I know TMT is one of Jefferies' best teams and coming from a complete non-target this is really important to me, any general advice at all would help too! Thank you!

24 Jul 2021

Anyone have any idea what the timeline is for Jefferies 2021 FT Analyst? Just got off the phone with MD and he said that they expired a few weeks ago, but I've been following FT threads and none of them said Jefferies opened up FT apps yet. Talked to an Analyst and VP in the same group a few weeks back and said that they haven't opened yet, but to keep my eyes open in September. Would've been around the same time as when the apps were apparently open. Anyone else know what the timeline is?

04 Sep 2020

I'm a sophomore non-diversity at a non-target school and have spoken to a number of people at Jefferies and have heard of a great work environment and culture at the firm. With Summer 2021 SA applications opening for them in late spring (according to campus recruiting and the bankers I networked with) I am wondering what their strongest divisions are. I heard their LevFin and Healthcare areas place incredibly well for PE and are miles ahead of other MM firms. How does Jefferies line up against BBs regarding exit ops and overall prestige? I've looked into other posts on this site and most

23 Feb 2020

If you had summer analyst offers at both, which one would you go to? Since CS is a BB and Jefferies is MM, I would think CS is better, but have had a few people at my school tell me they'd take Jefferies over CS. In terms of: 1. Exit Ops (MF PE?) 2. Culture 3. Learning Experience / Quality of Work How do CS and Jefferies vary?

24 Mar 2020

Wondering if anyone has any insight into Jefferies IBD recruiting for 2019 as far as timeline. Are most spots filled already? From looking on their website it doesn't seem like they have an active application open for 2019 summer analyst positions currently. Any insight would be very appreciated. Also was wondering if Jefferies tends to lean more technical like the boutiques or more behavioral like the BBs

08 Jun 2018

I know that they recently poached a few MDs from CS. Can anyone provide some color on the group? How is the culture? Is it a promising place to be going forward?

19 Aug 2021

Has anyone heard back regarding the superday that is being held tomorrow for Jefferies Houston - SA 2021? Also, does anyone know what to expect?

08 Oct 2020

Wondering if Jefferies is a great place to start career? What have you heard and what are your thoughts?

12 Apr 2021

Recently signed with Jefferies (non-NY) and wondering if training takes place in NY or if it is just at your regional office.

17 Sep 2021

Hey Guys, I just had a super-day for the Jefferies 2020 Investment Banking Summer Analyst position in Charlotte about a week ago. I have not heard anything back yet and I was wondering if anyone else has? If it were in NY, I would assume that I didn't get an offer since it has been a week, but... this is the south, and the Jefferies office in Charlotte does not have a defined HR structure as far as I know. So, my optimistic side is telling me that its reasonable to assume that it would take them a bit longer to get back to me. Does anyone have any information? Thanks.

01 Oct 2019

How is Jefferies these days? table, th, td { border: 1px solid black;} 2013 2014 2015 Analyst Base: 75.0 Bonus: 47.7 Base: 76.4 Bonus: 44.6 Base: 80.0 Bonus: 43.5 Associate Base: 115.0 Bonus: 85.8 Base: 121.0 Bonus: 139.1 Base: 129.1 Bonus: 140.9 Here's an average of bulge bracket analyst compensation. Average Bulge Bracket 2013 Base: 74K Bonus: 40K 2014 Base: 74k Bonus: 38k 2015 Base: 77k Bonus: 45k Interested in more investment banking compensation data? Check out the most recent Wall Street Oasis Investment Banking Compensation Report. It includes pay information from intern to MD for bulge

12 May 2013

Been hearing mixed reviews on Jefferies Tech group and was curious if anyone had insight into the types of deals they are doing. They seem to be doing a ton of work right now given their latest results in M&A activity but wanted to get more insight. Thanks!

26 Apr 2021

Hey all, Just received an offer from a top MM investment bank, and the offer is in NYC. They gave me an offer expiring next Thursday, so have less than a week to make a decision. While I'm confident I want to do investment banking, I'm a bit hesitant about taking the offer for two reasons: Firstly, I am not confident in their exit opps after 2-3 years. While they have done well on the league tables (regularly top 5 MM bank for deal value as well as deal volume), it has been hard to gauge their relationship to PE firms/what the exits would look like. I am hesitant to give their name since they

19 May 2018

Anybody apply to Jefferies/Lazard in HK for the 2021 summer internship? What's the status of your apps guys?

09 Mar 2021

Hi all. I've just got a first round interview next week for Jefferies summer intern in London, I've got a few questions which I would be grateful if someone could answer me.... Since I'm from a science background, I'm not 100% sure what to prepare for technical questions for ibd, can anyone give me some topic to revise on? I've looked at some other posts about jefferies and some mentioned about talking about other applications, well, to be honest, I'm not the best candidate so all I have now is ICAP accessment centre and some phone interviews... Should I avoid telling them anything about my applications? Lastly, is it difficult to get an offer for the summer intern in jefferies? I might be one odd chinese applying for Jefferies, and I'm afraid that would discount my chances too.

03 Feb 2011

Hello, I recently decided that I wanted to try and get into equity research and applied to Jefferies equity research with an internal referral. I'm in my last year of my masters in science of finance at a 7-10th ranked school. I would assume slightly below avg. resume for people applying (pres of investments club in undergrad, internships in finance (but not IB/equity) since freshman year, research with my school, 3.54GPA) I was wondering if someone out there with more knowledge wouldn't mind telling my my likelihood of getting an interview opportunity, and when I may be contacted? Just

07 Sep 2021

Hi everyone, I'd love to hear more about Jefferies' ECM team, such as their deal-flow, comp, exit opps, etc. Thanks!

04 May 2021

Any insight into Jefferies / Houlihan TMT in San Francisco? How do the two compare in terms of culture, deal flow, and exit opportunities? Are either / both generally respected in the TMT space? I know there's been some upheaval at Jefferies with several new MD's coming over from CS in the past year, but it sounds like their deal flow has been pretty solid.

17 Mar 2017

Hey all - I will be starting at Jefferies this summer. It's a generalist program, so I am trying to think ahead in terms of what groups I should shoot for. I would like to recruit for private equity and wanted to ask this forum how Jefferies analysts recruit - what sorts of funds invite Jefferies analysts to interviews, how are they perceived, how do they place, etc.? I looked for old posts but they are a little outdated, and given how fast the process seems to be now vs. then, wanted to get the lowdown on the most recent recruiting cycles. I did a quick search on LinkedIn and found people

22 Mar 2019

I have an offer at both firms (NYC) and trying to make the decision. - Both banks have same growth story and are strong in the MM - RBC acts more with their balance sheet and can support larger financing - Jefferies name is stronger than RBC in the U.S. - Both banks have pulled a lot of top MD talent from BB through the financial crisis - RBC is headquartered in Canada, which will always have an effect on perception - Both banks will have smaller groups than BB which will be better for developing skills and having more responsibility With both being a generalist offer, which would you take, and why?

05 Oct 2011

Hey guys, I have an offer for full-time IB at both Citi and Jefferies in NYC. I know a big part of my decision will be the group that I get into at Citi, but we don't find that out until after training and they can't make any guarantees. I would like to be in either m&a or comm there, but who knows what will end up happening. Anyway, where would you choose to go? What place has a better name right now in terms of exit opps? Also, if anyone has any color on the groups that are best at Citi, please let me know. Thanks for the help.

20 Oct 2010

Does anyone have any insight on Jefferies' first-round interview for the NY generalist summer analyst spot? How technical can they get and how many technical questions should one expect? Thanks!

14 Jul 2021

I'm trying to decide which would be better for an IB summer internship: Jefferies or Lazard MM. I would like to learn more about M&A and possibly pursue it full time. I know a decent amount about Jefferies, but not much about Lazard MM. Any info or advice would be much appreciated. Thanks!

23 Jan 2009

If you think you would eventually want to go into banking full time, which summer analyst offer would you take? 1. Jefferies - Sales & Trading - Equity Strategy (New York) 2. Deloitte - Business Technology Analyst (Phildelphia) My little buddy (who unfortunately did not make it through the process at my bank) is at a crossroads. He's a super candidate for any job, but just needs some experience before crushing the IBD interviews next winter. My gut reaction was Jefferies without a doubt, but then it turns out he knows some of the current Business technology analysts at deloitte and would probably enjoy it more. Any thoughts about Jefferies S&T? any thoughts about deloitte --> banking?

09 Mar 2009

from a friend who will intern with them this summer: 4 Michigan, 3 BC, 3 Vandy, 2 Georgetown, 2 UVA, 2 Indiana, 3 Duke, 2 Penn, 1 Harvard, 1 Wesleyan, 1 CMU, 1 Florida, and a few others (didn't get the others)

18 Apr 2013

Hey All, I've read a lot of topics here and I know some of you guys are way more knowledgeable than I am when it comes to IBD vs AM and specific firms. I've got a specific question I hope you guys could help me out with. What are your thoughts on compensation/exit opps/the street's view/etc. on these guys? I'm thinking of going HF or PE or maybe going an entrepreneurial route but would prefer taking one of these jobs first. IBD: Jefferies (Seems to get bashed alot...whats the deal w/ these guys?) Nomura (What is Wall St.'s sentiment towards these guys right now? How are they performing, etc.?) AM: T Rowe Price (Prestigious? Kind of in B-more...not the most idealistic place to be)

22 Sep 2011

Does anyone know the details regarding Jefferies' Energy Group in Houston? I would like to know more about 1) compensation for analysts, 2) deal flow, 3) future outlook, 4) overall culture of people there, and 5) exit opportunities. Also in regards to exit opps, how supportive are the senior bankers in helping you place into PE if that's the route you wish to take? I know there's a lot of bashing on Jefferies on WSO for some reason, and please reply only if you have valid information regarding this specific group and can give unbiased opinions.

16 Nov 2013

Need help guys. Both IBD in NYC. Which would you choose and why? I know GS has better exit opps, but how much better? Also, is analyst pay higher at Jefferies? Any info is helpful. Thanks in advance.

18 Jan 2013

So... what is the impression of Jefferies nowadays? I remember back in the Leveraged Sellout days, Jefferies was the brunt of most WSO (IBO back then) jokes. What about now? Jefferies has grown since then, and it's deals are bigger than before. http://www.jefferies.com/2010notables/ Is Jefferies seen as an up and coming bank (i.e. the next Bear Stearns minus the bankruptcy)? Or is it still seen as a primarily MM bank? Who would you consider to have practices of a similar scale and quality in the US? BNP Paribas? Macquarie? UBS? Yeah, I did intern at Jefferies, but I am joining another bank. Just curious mainly.

19 Oct 2010

Interesting article from the WSJ: [quote]By MICHAEL CORKERY While employees at the likes of Goldman Sachs Group Inc. and J.P. Morgan Chase & Co. quiver at pronouncements from Washington, the bankers and traders of Jefferies Group Inc. are happily avoiding the fray. Complicated stock clawbacks? Not at Jefferies. The New York securities firm has no plans to take back shares from rank-and-file employees. Chief Executive Richard Handler also isn't giving up a potential $12 million bonus this year. His target compensation for 2010 is $26 million depending on whether he can achieve certain performance goals and whether the board signs off on it. Jefferies, which specializes in trading debt and stocks, didn't take government rescue funds. Nor does it handle consumer bank deposits. During the crisis, it kept a clean balance sheet and relatively low leverage. Its size-revenue about one-tenth that of Morgan Stanley-has also helped it fly below the radar.

23 Apr 2010

Ahh...the good old days. Who among us hasn't come home completely zorched and shit the bed? From Gawker:

Wife Claims Investment Banker Drunkenly Pissed, Shit All Over Bedrooms She detailed a staggering drug intake that included cocaine, ecstasy, heroin, ketamine, Molly and magic mushrooms. She also identified in court papers 20 of her husband's friends, including many fellow brokers, who she claimed regularly joined in his drug-taking escapades.

02 Nov 2014

Hello everyone. I am currently doing my undergrad in the UK and I completed my IB summer internship at a BB in Frankfurt, Germany. I received a full-time offer, however I really want to start my career in London. I recently applied at Jefferies in their London office and I wanted to know if anyone knew anything regarding their Industrials Team in terms of reputation/deal flow/culture/exit opportunities? I heard the bank is growing in Europe but I don't know if it really competes with BBs and EBs in the European market. Thank you!

17 Nov 2019

I was wondering if anyone had info on Jefferies app process. I want to withdraw one of my apps to apply to a different division, but there is an app limit of 2. Will withdrawing still count as an application?

13 Nov 2020

I may have a phone interview coming up with them in the next few days. Any tips? I'm pretty sure that they're always been pretty well respected in research. Does anyone know if any stars have left? Also, I'm trying to get a list of their ranked analysts. What is the best metric? I don't know what it more accurate: WSJ's Best on the Street or StarMine? Jefferies is depicted really well on Starmine and mediocre on WSJ's Best on the Street. Are there other metrics I should be using like II (any place that offers that for free)? Thanks in advance

12 Nov 2009

This is absolutely fantastic. Just when you think there isn't any corporate conscience left, Jefferies steps up and renews your faith in humanity just a little bit. The investment bank announced that all net commissions and salaries from trading Friday will be donated to earthquake relief in Haiti. They're were at $4.5 million, and they wanted the total donation to be $6 million by day's end. Here's hoping they made it. This is an example of Wall Street using its enormous power for good. My hat is off to each and every employee at Jefferies, especially those who have generously donated a day's

19 Jan 2010

Hi Guys, I just received three offers for three different positions and wanted to see if ya'll can help. I'm deciding between public finance- investment banking analyst role, well-sized fund of funds analyst, and PWM analyst position with a BB. What do you think is the best position as far as comps, exit opps, mba, and etc. Please let me know if you can help. Thanks.

14 May 2011

Hi guys, I have SA offers with both Jefferies in NYC and WB in SF. I want to do tech in SF long term - which SA offer would you recommend I take?

31 Oct 2016

Can anyone provide info on Jefferies' Fixed Income department? I'm currently a junior and through some connections I think that I may have a good shot at an internship there, but I wanna know how it compares to BBs. Is it comparable to Morgan Stanley FI? Or a smaller JPM/DB/GS? Or worse than both groups? Any information would be greatly appreciated. Since it's a much smaller bank, I've had a lot of trouble finding information on the department.

16 Jan 2013

First off, I go to a target. will be interviewing with JEF soon for IBD. A few of my friends who interviewed with them for SA positions said it was extremely tough. Most don't remember exactly what was asked, although a couple said that the interviewers started asking questions about broader market conditions. Anyone have experience interviewing with JEF who can share the types of questions that they got?

24 Sep 2011

Obviously it's below the Goldmans, JP, Morgan Stanley, Greenhill for example. Generally speaking though, from a prestige/reputation level, where does Jefferies stand amongst its peers?

15 Nov 2012

I have three options for a Summer 2022 internship. First one is as a Rotational Summer Analyst at Jefferies (business lines in rotation are Investment Banking, Fixed Income, and Equities). Second one is Global Quantitative Analytics Summer Analyst at BoA (part of Global Risk team). Third one is "Summer Analyst" at a boutique Private Equity firm. Which internship is most valuable in securing an Investment Banking SUMMER Analyst position in Summer 2023? I am Class of 2024 non-target. Appreciate any feedback.

21 Apr 2021

This post is a lot less interesting than the title indicated it might have been. Next week I have a phone interview with Jefferies for a summer analyst position in IBD (NY office). HR said that there would technical elements to the interview. Which technical topics would likely come up over the phone? I have no finance professional experience and I am not an undergraduate business student, but rather math+econ. I'm currently unfamiliar with a lot of the technical aspects of ibd interviews and eventually I will have it all down, but this phone interview is soon and I'd like to know what to focus on.

12 Dec 2012

Hey all, I am trying to find out more about the analyst programs at Evercore, Lazard, Moelis, and Jefferies. I think I have a general idea, but I think I need clarification. My question has to do with what the process is for determining your group with the bank is. As I understand it, for: - Moelis you are a generalist for all 2 analyst years. -Lazard you are either in restructuring or a coverage group. But when do you decide which one you go into? - Evercore you are a generalist for a few months then you decide to go into restructuring or a coverage group. Jefferies- no idea So, I may be wrong on some of the above, and don't know some of the info. Could you guys fill me in?

09 Dec 2011

Which would be a better option? Primarily concerned with culture and exits opps to PE. There does not seem to be as much info on Guggenheim Exits and the info that is out there is very contradictory.

14 Nov 2017

Sorry for another one of these threads, but I'm curious to see your thoughts on which one of these you would select (for SA). I'm leaning towards Rothschild at the moment since I think it's a stronger bank overall. I like Jefferies HC (who doesn't), but neither the Jefferies or Rothschild offer is group specific.

08 Feb 2013

I had a phone interview with Jefferies last week, and my interviewer told me I am going to hear from HR about the result this week. I did not get any phone calls or emails from HR. Did anyone hear back?

25 Nov 2014

This summer I accepted an offer at a MM (Jefferies/WF/RBC), which I was initially very excited about. While I still believe it to be a great opportunity, I cannot shake the though of possibly lateraling to an EB like Moelis or Evercore. There is one reason, besides the fact that they are more prestigious shops, which has driven me to this recurring mindset, and that is the lean nature of these banks. I appreciate their sole commitment to the advisory aspect of the industry, as I believe the offering of every product under the sun by large banks can often dilute their ability to best advise

07 Dec 2017

Wondering if anyone knows how exactly does a deal work @ Jefferies? Do the sector teams originate and then handover the deal completely to the M&A team or do a few people from M&A team assist the Sector team in question to execute the deal? Any insight would be welcome as I don't want to end up in an origination only group, I'd prefer both pitching and execution. Thanks

23 Jan 2011