Many offers: MS vs lazard vs rothschild vs CS!!!!!

I have several offers for a IB position / summer intership:

  • Morgan Stanley in Madrid

  • Lazard in NY

  • Rothschild in London

  • Credit Suisse in NY

I'm looking for prestige!

What do you think? Whats your ranking?

 

How did you ended with this wide swath of offers? Why would any one work in a backwater office such as MS in Madrid? Where is the Rothschild offer for?

If you gave us more colour, we would be more helpful...

 

Just curious, what's the typical offer acceptance time ? From what I know it's 10-20 days. Must be tough to get all these offers all in line for the respective deadlines. Congrats man!

I would personally go for CS NYC. Solid brand name and good international exposure. Laz NYC is also solid. It's a matter of preference.

 

The answer is LAZ NYC. Significantly better than CS in NYC (or pretty much anywhere, for that matter), ESPECIALLY if you're looking for prestige.

Rothschild is rightly seen as very prestigious/reputable in London, but it still largely does MM deals, so it should come second.

CS NYC is still a NY BB, so it comes third in your prestige listing, not very far behind Rothschild.

MS Madrid is in a backwater economy that is being royally raped by EU integration. They should come last in your rankings.

 
Best Response
drexelalum11:
The answer is LAZ NYC. Significantly better than CS in NYC (or pretty much anywhere, for that matter), ESPECIALLY if you're looking for prestige.

Rothschild is rightly seen as very prestigious/reputable in London, but it still largely does MM deals, so it should come second.

CS NYC is still a NY BB, so it comes third in your prestige listing, not very far behind Rothschild.

MS Madrid is in a backwater economy that is being royally raped by EU integration. They should come last in your rankings.

Rothschild London does mostly MM deals? Drexelalum11, check mergermarket and other website before you talk.

Rothschild NYC does more MM deals, but Rothschild London is just like Lazard NYC, plenty of transactions over 1B, even if measured in EUR term.

 

Im from Barcelona. I really want to work in IB so I decided to diversify my applications. It is easier for me to get a job in Madrid. So I applied there, just in case my abroad applications didnt work. For instance, tomorrow I have a phone interview for GS Madrid. My applications: - Madrid: GS and MS - London: Rothschild and UBS - NY: CS, Lazard and JPMorgan Right now I'm studying in Wharton as an exchange student. So, I did many interviews by phone or video conferencing. In other cases I had to go NY. I dont really care about the culture of a corporation, their only objective is to make profits... My objective is to grow in experience, networking and prestige... So, thats what Im looking for.

 

Just being curious, why didn't you applied to the aforementioned CS, Lazard and Rothschild in Madrid or London? Coming from Spain, how is IB there? Who are the players in Madrid? I'm German and always had a penchant to go working there.. And a lateral question, as a European did you had any problems applying to NYC (CS, Lazard and JPMorgan)? I understand that getting sponsorship for a visa must be much easier from a BB like JP Morgan than Lazard right?

 

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