| Topic Name: |
Bulge or Boutique? |
| Message Name: |
Hey Moose,
I unde |
| Date Posted: |
11/29/1999 |
| In Reply To: |
I'm a senior in college and have pretty much finished up my recruiting. I've narrowed it down to two Investment Banksin in SF, Merrill Lynch and a new start up Boutique. As a begining analyst I'm not to sure what to be worried about. Merrill keeps harping on lead managed deals and their ability to get me into a better business school? Does anyone have any advice? At this point I'm 50-50 between the two, and the offers are nearly identical. I like people at both firms and see myself fitting in well at each. Which has the best opportunities to someone starting out in the business? |
| Message: |
Hey Moose,
I understand your position, I would definitely recommend that you go with Merrill Lynch.
First, you do get the brand recognition.
Second, the most important aspect about where you should go is how much deal flow will you see? If you are a lead manager on a deal, then you run the show; whereas if you are a co manager, you do squat--that matters anyway--because the lead managers will not listen to what you say anyway if you are only a co. I know this because I spent the summer working at a BB and was staffed of 6 live deals--3 lead and 3 co.
Third, do not worry about the size of the deal teams. I also was worried about this aspect, but even at Merrill Lynch, the deal teams consist 0f 2 - 4 people (MD--not seen or heard, except in the meetings, VP, Associate, Analyst) and analysts get to attend meetings for deals they are apart of, and are expected to add value when possible.
I hope this helps.
MBA
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