OfficeHours

JUNE 2, 2023

Yes, we all read about it on forums and Reddit, but you do not actually experience what it is like to have to choose between prepping for recruiting or getting four hours of sleep. I was viewed as the top intern and received a return offer at my bulge bracket bank – trust me, you can thank me when you get your return offer.

Investment Banking 147

Investment Banking Bank Banking Investment 147

Mergers and Inquisitions

OCTOBER 18, 2023

Capital Markets vs. Investment Banking: Recruiting and Interviews Very little about the recruiting process is different, partially because each bank does it differently. You can expect the same early recruiting timeline in the U.S., If it’s a 5-person regional boutique , take the BB capital markets offer.

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

OfficeHours

JULY 8, 2023

See 8 firms — from Carlyle to Bain Capital — that have been recruiting first-year investment bankers for jobs that won’t start for 18 months. Private equity recruiting season is back following a disappointing round that caught many junior bankers flat-footed last August. Should Headhunters be reaching out to you?

Private Equity 100

Private Equity Recruitment Equities Investment Banking 100

Mergers and Inquisitions

NOVEMBER 22, 2023

I never expected to revisit the topic of bulge bracket banks so quickly because the full list changes slowly, and we updated it a few years ago. What is a “Bulge Bracket Bank”? The name “bulge bracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal.

Bulge Bracket 105

Bulge Bracket Bank Banking Boutique 105

OfficeHours

JUNE 2, 2023

When you first decide to enter the world of private equity, you will undoubtedly be more overwhelmed than you were when you entered investment banking recruiting. However, middle-market private equity firms are often overlooked when it comes to the post-banking recruiting world.

Private Equity 147

Private Equity Equities Middle Market Funds 147

Peak Frameworks

JULY 11, 2023

investment banking recruiting. Georgetown University has an impressive presence across Wall Street's top investment banks and has a particularly strong concentration at bulge brackets. Georgetown mostly places into the Bulge Bracket banks with a weaker percentage than most in the Elite Boutiques.

Investment Banking 40

Investment Banking Bulge Bracket Bank Banking 40

Mergers and Inquisitions

MAY 8, 2024

Also, it was easier to use IB roles to win private equity and hedge fund jobs , as recruiting started later, and there was less competition. As I wrote in a recent update of the bulge bracket banks article , though, these points are less true today. After 2008, pay went down across the board for all finance roles.

Investment 111

Investment Investment Banking Bank Banking 111

Mergers and Inquisitions

AUGUST 16, 2023

Recruiting and whether you can break in without “donating” your kidney to Xi Jinping. Investment Banking Experience at Bulge Bracket or Top Domestic Banks – As with PE anywhere, you need a few years of IB experience to be competitive in most cases. is better for domestic funds. is better for domestic funds.

Private Equity 94

Private Equity Equities Recruitment Funds 94

Mergers and Inquisitions

JULY 17, 2024

based bulge brackets (GS, MS, JPM, Citi, and BofA) are the strongest international banks, and Avendus, Kotak, JM Financial, ICICI, and Axis are the strongest domestic firms. Among the bulge brackets, the U.S.-based based firms (GS, MS, Citi, JPM, and BofA) tend to perform best. Here’s why it’s a Herculean task.

Investment Banking 59

Investment Banking Bank Banking Investment 59

Peak Frameworks

OCTOBER 4, 2023

BU consistently sends top students into investment banking each year and has good placement into a few bulge bracket firms. Citi is also a top recruiter from BU (18%). BU is one of only 3 universities in Boston and Cambridge named to the prestigious Association of American Universities.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

DECEMBER 4, 2024

Recruiting and Daily Life as an Analyst or Associate in Sports Investment Banking Sports Sector Trends and Drivers Sports Investment Banking by Vertical Teams & Leagues Technology & Services Facilities (Stadiums, Arenas, etc.) As a result of these divisions, it’s difficult to “classify” sports IB teams.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

JANUARY 10, 2024

Recruiting in Wealth Management vs. Investment Banking You should know all about IB recruiting from reading this site, but it’s insanely competitive and starts very early. But I’m not sure how well this works anymore because of hyper-accelerated recruiting , at least in the U.S. and your odds are not spectacular.

Investment Banking 59

Investment Banking Management Bank Banking 59

Mergers and Inquisitions

AUGUST 23, 2023

Almost nothing is worse than recruiting for investment banking internships , winning an offer, preparing , completing the internship, and then not getting a return offer. All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

JUNE 5, 2024

The compensation ceiling is lower than in IB or WM, but it’s still quite high (mid-to-upper-six figures), and recruiting is much less competitive than IB. If you’re at a target school with on-campus recruitment, option #1 will probably work best; if you’re at a lesser-known school, option #2 may be better.

Investment Banking 59

Investment Banking Management Bank Banking 59

Mergers and Inquisitions

APRIL 24, 2024

But then recruiting moved up, the MBA process became more structured, and now we have 4-year-olds aiming for “Target Kindergartens” so they can eventually get into investment banking ~15 years in the future. There’s a huge variance in individual internships in terms of recruiting effort, pay, and on-the-job tasks.

IT 59

IT Investment Banking Recruitment Finance 59

Mergers and Inquisitions

FEBRUARY 28, 2024

But a few other reasons also explain why fixed income often gets overlooked: the unstructured recruiting process, fewer job openings, and the “cushiness” of senior-level roles. An Example Fixed Income Research Report Recruiting: Who Gets into Fixed Income Research? power & utilities , FIG , or industrials ).

Equities 59

Equities Asset Management Debt Funds 59

Mergers and Inquisitions

MARCH 22, 2023

First, Credit Suisse is obviously no longer a bulge bracket bank , so I’ll have to update that article. Unfortunately, because of the accelerated timing for internship recruiting , you’re probably not going to find another IB internship that starts in a few months. What Happens Next with UBS and Credit Suisse?

Bank 98

Bank Banking Government Investment Banking 98

Mergers and Inquisitions

DECEMBER 20, 2023

The IB internship recruiting timeline is now so insane that even mainstream news sources like the Wall Street Journal are writing about it (“ The Race Is On to Hire Interns for 2025. Admittedly, not all banks did this, and many bulge bracket firms will start in the normal time frame of January – March.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

APRIL 5, 2023

These tend to be the funds that pay better , actively recruit new entry-level hires , and do at least some direct investing. How to Recruit at Sovereign Wealth Funds and Win Offers As mentioned above, in some cases, you need to be a citizen of the SWF’s country to have a good shot at winning a job in the fund’s main office.

Recruitment 59

Recruitment Funds Private Equity Investment 59

Mergers and Inquisitions

MAY 10, 2023

The basic difference is that the international bulge bracket banks tend to be stronger in M&A advisory and weaker in equity and debt capital markets. These banks focus on the capital markets, so you should target the bulge brackets if you want to work on M&A deals. As in the U.S.,

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

JUNE 21, 2023

bulge-bracket banks , such as JPM, GS, MS, and Citi, always rank well in the league tables. The other bulge brackets (BofA, Barclays, UBS, and DB) tend to rank lower, but this varies each year. Drawn-Out Process – Due to the emphasis on lateral hires, recruiting processes in Dubai are mostly “off-cycle” (i.e.,

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

MARCH 27, 2024

Unfortunately, it’s not quite that simple – due to massive competition, a fairly involved recruiting process, and low conversion rates at many banks. Expectations for technical skills and work experience are lower, but the process is more random than normal internship recruiting and depends on fit, grades, and activities.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

SEPTEMBER 11, 2024

In the middle market , Jefferies has recruited some of the top bankers in renewable energy M&A and is expected to do well going forward. . – MPL Buy-In Transaction (BofA and Evercore) BofA – Discussion Materials and Valuation Fairness Opinion (pg.

Investment Banking 59

Investment Banking Bank Banking Investment 59