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The larger bulgebracket firms and banks definitely take the longest time to get one started. Take the interview, and go through the process, which now will consist of numerous interviews and hopefully one or more trips back to corporate headquarters for you to finish your due diligence. Friedman Search LLC. Friedman Search.
Industry-wise, oil & gas and power & utilities are huge, but sectors like healthcare , financials , and telecom are quite significant as well: Technology has been growing, but it’s still less developed than in regions like London or NY. bulge-bracket banks , such as JPM, GS, MS, and Citi, always rank well in the league tables.
based bulgebrackets (GS, MS, JPM, Citi, and BofA) are the strongest international banks, and Avendus, Kotak, JM Financial, ICICI, and Axis are the strongest domestic firms. You’ll see deals in industrials , technology , healthcare , power , consumer/retail , real estate , and all the other sectors.
It even includes elements of healthcare , industrials , and oil & gas investment banking. However, public finance teams advise only governments, non-profits, and tax-exempt entities not private corporations and the scope of deals and industries is much narrower. Hyperscalers vs. Cloud).
but less so in civilized places with functional healthcare systems, such as Europe. Meanwhile, Goldman Sachs paid quite well, with many Associates in the $400K – $500K total compensation range, and various other bulgebracket and middle market firms followed suit. These are useful in the U.S. at some smaller firms.
Specifically, private equity is not feasible from most ECM or DCM teams, hedge funds are also challenging, venture capital is a stretch, and you won’t have the right skills for corporate development. If you want a long-term finance career (stay in banking or switch to private equity, corporate development, hedge funds, etc.),
We’ll return to this point later, but in finance, it’s more common to do a pre-MBA internship at a small VC/PE firm or boutique bank rather than a bulgebracket bank. Evercore has a “pre-MBA diversity program,” but GS, MS, and JPM only appear to offer “fellowships” or “early insight student programs ” without specific details attached.
Equity research recruiting tends to be less structured, though the bulgebracket banks and elite boutiques still run traditional processes that start over a year before summer internships. If you do IB, you can get into deal-based roles ( private equity , corporate development , venture capital , etc.),
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