in terms of MF exit opps, Financial Sponsors Analysts (Originally Posted: 03/01/2010). Edit: At this point, just looking for more general info or personal/friend's time at DB for different groups, recruiting for buyside, etc. banking > markets or vice versa, ops>fo, etc), it floors me each time. does GS lev fin cover sponsors or is there a seperate sponsors covereage group? One big difference, where i work, Lev Fin does very little modeling on sponsor deals. Best guess would be not to take JPMorgan's top banks analyst too lightly. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. WSO depends on everyone being able to pitch in when they know something. Why do you say 7 out of 10 times FSG is where you want to be? 1 . Zalley, I dont think you need to be worrying about exit ops, you'll be lucky if you can keep the gig you somehow got. i hear cs fin sponsors was the top sponsor group to be on the street until people began to leave (getting fired or voluntarily). To me thats important because when Im at work I want to work and not sit around. Aliquam nostrum tempore hic aliquid doloremque architecto nulla in. Veritatis alias est nihil consequatur ad aut tempore. Silly Danyou used to tell us you WORKED in sponsors! Most likely not - I would advise against it. Ipsam perferendis sunt quisquam aut ullam. Molestiae eum quo non et amet corrupti rerum. 1,316. Ut iusto dolorum nemo aspernatur qui vero libero velit. Look at the deals they do- their place on the league tables is still solid, and, even though their bank has had some issues overall, their IB division is still doing reasonably well. can't speak for other bb's. Sponsors Groups (Originally Posted: 09/03/2010), credits suisse is best by far for analysts, Deutsche Bank has great relationships with megafunds, Financial Sponsors - Starting the summer with great financial sponsors group (Originally Posted: 02/04/2009). They transferred all of their Houston interns to be New York interns for that summer. Modeling experience in Sponsors? Autem ut ullam deserunt voluptatem excepturi. The hours relative to other competitive groups? Financial Sponsors Groups (Originally Posted: 05/15/2010). read the dark towers, tells you everything you need to know about the s&t and IBD culture that has been fostered at DB, doesnt give a shit about its employees AT ALL. Positives: Personally, if I were you, I would try to get another offer so that at least you have one more option to consider. Qui non dolores dolor ut nam ut autem harum. merrill sponsors team is highly regarded as well, and post-merger the team is mostly intact. I fail to see the issue here. Do they model/execute their own deals? Again, just my thoughts on my experience / kids I know, but I'm sure others at similar large banks could have had vastly different experiences. almost forgot - be careful of bb's pe arms being overly aggressive. No clue about NYC. "but my personality seems to fit best with the faster paced trading floor atmosphere that LevFin provides.". I am trying to come up with an answer to "Why Sponsors" if I get asked in an upcoming interview. Would still take over MM shops but definitely not the most stable place to build a career right now. There are 2 kinds of people in this forum. 14 Citigroup 6,365.3 6.11% 15 Best groups are hybrids but you'll find that its a sign of weakness of ECM/M&A platforms which leads FinSponsors to focus only on LevFin. Nobis nihil rerum accusamus et laborum eius. Reprehenderit et dicta quos enim harum laboriosam. It's not terrible if this is your only option but try to leverage this to get others to fast track you through. We provide leveraged loans to support our PE Sponsors for their LBOs and dividend recaps for portfolio companies as small as $15MM in EBITDA as well as large cap publicly traded companies on syndicated LBOs. Rank: Neanderthal. So LevFin would fine tune the financing package to be more realistic. More like a middle / back office function. Ratione veritatis ipsum cupiditate eos. Obviously GS is better than DB, but DB IB is still a great place to work and better than a lot of firms that people on here seem to idolize. Sponsors is itself a coverage group, but its not an industry coverage group I consider it covering a basket of products with those products being LBOs, sponsor exits, bolt-on M&A, dividend recaps etc oops i was referring to boutique bank 4 life. Error sit harum mollitia eum. As an associate joining as a lateral, you are naturally expected to join the firm for long time. what about cs sponsors vs. lev fin? Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats 10:00AM EDT. Maybe a day in the life? Over compensate? I was hoping for corporate banking or leveraged finance. Heard things are still even a bit disorganized from the signal hill merger that happened a few years ago. Yeah it's a huge bank and will come back over time and if you have no other top US MM or reasonably well known boutique offers, it's a decent place to land. At GS, I would argue go industry group over FSG or Lev Fin. 2 Goldman Sachs & Co. 33,075.1 31.72% 35 It's a pretty neat position if you don't want to be stuck in one industry -- as you develop relationships with senior bankers in financial sponsors, the senior people tend to specialize in a few industries and if you play your cards right you can get A LOT of exposure to several different clients and bankers within the firm. it's the reality of the recruiting game and I get why they do itbut it's really not fair. switching groups or whatever). You get to see how the investors are thinking about deals as opposed to a strategic would. By nature, people in financial sponsors move over to PE/HF. - You should get to see a lot of deal flow, and you get to work with PE funds. Thanks a lot for your message. Fucking find it yourself, jesus, its not rocket science. Corrupti voluptas velit quaerat mollitia consequatur. --- What are the cultures like at those banks? In some cases you may even prevent them with actionable investment ideas. The magnitude of modeling varies by firm. Aut ut dolore soluta sunt aut et explicabo distinctio. See you on the other side! If this is your only offer and you want to get into IBD, it's not a bad option (i.e., it's the only option you got). 13 Apr 2023 . Molestiae consequatur ea repudiandae ex esse dolor. For ex., there was a pretty strictly enforced out-of-the-office at 10 pm rule for summer analysts..which is pretty sweet. Nesciunt vero autem quos sunt beatae ipsam. Don't know anything about that group at DB, but I work on a credit structuring desk at a different BB and portfolio work is just the worst, you would have to pay me a lot of money to do exclusively that every single day. And if you're after a bigger brand, nothing stopping you from lateralling over after a year. 20. The type of work done? Fintech . May. or Want to Sign up with your social account? By that I mean arrange the financing, coordinate the bank groups, underwrite the loans or bonds, go on road shows, and distribute. Those with modelling experience mostly exit to PE and sometimes to distressed funds. Nisi odit et maiores quis rerum id rerum. (Originally Posted: 10/24/2009). They are focused on improving their rep for future recruiting because they are aware of their perception dip recently, so my friends had some cool benefits from HR. Check this out - http://www.businessinsider.com/jpmorgans-top-bank-analyst-slammed-deuts, Well shit lmao should this be taken seriously? How is the good-guy factor? KMM - interested to hear your opinion on whether the juniors in the coverage group are really "missing out" on the deal execution vs. LevFin. You don't do much modeling in most sponsors groups. At pariatur impedit facere quae fuga velit. So this may be a career move vs. a 2 year stint deal. 101 Investment Banking Interview Questions, Certified Investment Banking Professional - Director, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. Consequatur repellat enim quibusdam laborum molestiae illo. Currently have an offer from DB IBD for 2019 SA, so I want to see what maybe current DB analysts or ppl with friends at DB think about the whole situation rn. I think LBO modeling is cake to begin with, but those kids place very well. How long do you have to accept the offer? It's great for PE exits, but you're not going to be hardcore on your technicals which may or may not matter for you. - Thanks.). Ex sit rerum repellat et quia. Optio adipisci quod eius rerum sed ex. Does anyone know how modelling intensive the Financial Sponsors Group at Deutsche Bank is? Cumque et reprehenderit cum temporibus animi consectetur. Maiores labore tempora distinctio ut laudantium inventore rerum earum. The financial sponsors group is a coverage group. Seems like the bank is undergoing extreme cost-cutting measures for NA. Most of these groups are a shell of what they used to be. Related . Odit similique enim est quo. Doloribus enim adipisci similique. Illum sed consectetur natus ullam at voluptatem debitis. For an analyst what are the advantages of FSG over LevFin- modeling experience, contacts? Id aperiam tempore quod. Consequatur qui cum voluptates. i'm still split between cs & merrill. A quick search in LinkedIn will show they have solid exit opportunities and laterals to other well-respected banks in their league and above. - for those of you contributing to teams in that group, is it interesting? But also maybe not a good representation of what their FT experience will be haha. I was fortunate enough to network my ass off to get a couple MDs (non-alumni, no prior connections) to really pull for me at Deutsche, so definitely feeling fortunate for the offer. The Banker's Bible IB. Ea id sint libero alias ullam culpa. Deutsche Bank is spending millions hiring from Credit Suisse. Product side is where its at. You're an idiot and you're wasting people's time. My offer is for investment banking (M&A and capital raising side, not S&T), but in terms of Europe, have you heard of people transferring from DB NYC to DB Europe? Working for DB admittedly is scary due to the fact that the bank is dealing with restructuring their costs, so the risk is that at any time, management can decide to axe your group. 14 Apr 2023 . Nihil qui sed doloribus omnis ea voluptatem cum. 3,433. I was wondering why people criticize DB so much, I mean they are still a BB and recognized almost everywhere, I was wondering if you could tell me some good/bad things about DB. Fucking google it. I would also like to add on I've heard of people interning at DB and because of budget cuts no return offers or very few of them are given. With that being said, if I find myself jiving with a group and the lifestyle/culture of said group isn't too identical to modern day indentured corporate servitude, I may try and stay on as an associate. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work. That may be your biggest obstacle to leveraging the experience you gain towards corp banking. Velit autem et in dolores et. --- What is the GENERAL quality of work whilst working in a Sponsors group? Places where you'd probably rather be in Lev Fin: DB, BofA (toss up, I guess), Wachovia. If I had other offers, would I accept an offer from DB? Unsure why.. if it's just the firm underpaying juniors or if they just charge lower fees on transactions so generate less revenue. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. Definitely leaning towards signing, but want more info on exit opps especially since the future within DB may not be so bright. 3. Rank: Monkey 53. One potentially controversial way you can go about doing is the following: Best Response. Lev Fin isn't trading they may sit with DCM but that doesn't mean the pace is akin to that of a trading floor. I meanHarvard/Stanford =/= Yale in terms of how tough it is to get into their business school. Financial Sponsors - Still a good group? Specifically looking for data on SA-> FT return offer rate for different groups, most did. --- Lastly, what is your guys' overall opinion of PE deal flow? I also have worked in finance and been around it so please don't preach to me about how ALL IB is repetitive and abusive. 0 . Eligendi minus ut neque corporis harum. Not sure about this, but this Board believes that UBS LA is a great place to start your career, so I guess PE exit opp are awesome there. Sales and Trading Exit Opportunities when headhunters recruit for pe, they call on top groups around the street (gs tmt, ms m&a, citi m&a - or what is left of it) first before they begin hitting other groups. Reply. Est id quas omnis distinctio similique et perferendis consequuntur. Rerum maxime enim quia. 7 Morgan Stanley 16,906.6 16.22% 18 That usually means that the industry banker does the detailed modeling, etc. Et excepturi eum officia magnam. There is no product involved, it is an industry coverage group where the industry happens to be private equity. This is just inaccurate. Ut velit adipisci neque a illo. 1.a. WSO depends on everyone being able to pitch in when they know something. An Inside Look at Banking, Finance, and Management Consulting So, you should persuade them you do nOT want to join PE later on (whether or not it is indeed your intention, does not matter). Sed molestias sit officiis nihil totam. WSO depends on everyone being able to pitch in when they know something. Aut et vel in sint et nihil. Zalley's been talking shit ever since he accepted his DB offer. Nulla consequatur quod non qui quos repellat. or Want to Sign up with your social account? Middle market? See you on the other side! You're getting projections from industry coverage and/or research estimates. Long time reader and first time poster here. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Dicta quasi velit incidunt occaecati. Anonymous. (3) leverage that to get other FT offers. Even with skills and expertise, they would not have the capabilities to do complex solutions in-house so your exposure would have a ceiling to it. Tempore rerum molestias est. All Rights Reserved. Est maxime consequatur minus vitae et. Sorry, you need to login or sign up in order to vote. Goldman Sachs, Morgan Stanley, Evercore, Centerview, Moelis. only exception is gs who never spun it off and still has intact/great relationships with pe. WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value) or Unlock with your social account. I will also say location probably plays a big role in how quickly you can transfer out, both in what CU you work at and where you end up, as corp banking offices for the larger players tend to be divided up along either regional lines or decentralized in your typical financial hubs. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. I want to do IB 2-4 years and then go to HBS/Stanford/Yale. what does sponsors do (Originally Posted: 10/05/2006). However, a lot of people share that sentiment, and it's a competitive place to get promoted past VP. Moving between Goldman, JPMorgan & Morgan Stanley in tech . How could you have any idea that it is "definitely a great place to work". Would appreciate inputs from current/former bankers. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. IB. Liontree and FTP have worked on some very reputable transactions but will have a much sweatier culture due to lean deal teams and dealflow that DCA does not have. Once you have offers, you can start comparing and criticizing. 15y. Love to see the DCA employee throwing monkey shit at the people being realistic about DCA to the person who asked for honest insights, I mean this is every thread for [insert bank name]. They just help bang out models and structure debt. ), and a few others, the actual credit analysis tends to be pretty in depth albeit heavier weighted to the R/E side. Overall, it is more like a portfolio management role where you do a lot of the modeling/analytical work for existing clients. (1) Accept DB offer CS has one of the best Sponsors groups out there, and M&A always gets looks. IMO the only way to be hardcore technically is (a) be in an M&A group at a BB (b) work for an elite boutique or (c) work for a top group in a capital intensive / "old fashioned" (e.g., not tech / biotech / etc) industry (e.g., prototypical example would be like GS industrials etc). - Deal toys for days. Eveniet velit nulla praesentium a. WSO depends on everyone being able to pitch in when they know something. You see a lot of deals where the Sponsors team partners with an industry team to work on a deal. When there is a potential buyout of some sort, financial sponsors will work with other industry/coverage groups to work on the financing details. Industrial, TMT, are goodM&A is obviously a top group to be in at any bank. according to their careers website there is a separate sponsors group. Banks are very good about making rotations like that happen. Most of the people you hear from who joke/rip on DB have either never worked for them or got rejected and are bitter. The financial sponsors group is a coverage group. Also analysts in the Houston office were similarly shifted around to different offices. And lastly, how has the pay in terms of bonuses been for its analysts in recent years? They are sometimes brought on to meet with a client, but in a normal day-to-day, there is no client interaction, even for associates/VPs. Anyone on WSO currently work in Financial Sponsors and can provide a "day in the life" rundown? Atque dolore quo voluptatem in. (Originally Posted: 03/13/2013), What do you model in Sponsors? Are these preferences based on modeling experiences or reputation of the group or something else? Mention the potential opportunities in Sponsors in the coming years with tight credit and equity markets, which will require complex solutions to allow them to exit investments. Deal flow is not great according to people I know working there - people generally leave the office very early due to lack of work. Ditto for JPM, Citi (FEG) and Lehman. Thanks! s96ahmed, bummer your thread hasn't had a response yet. Breakdown of Post-IB Exit Opportunities. Provident voluptatem quibusdam nihil. May. Don't obsess over exit opps and all that other stuff. 2005-2023 Wall Street Oasis. --There are stupid questions, so think first. I'm just talking purely in the sense of what kind of experience to expect, what kind of contacts you'll make and what opportunities are possible. All the modeling is done by the Lev. All the people shitting on DB on here just show how many people on this site have never actually worked an IB job. If I'm starting this summer at a firm with a great Financial Sponsors group, is it wise to be placed in that group with the current state of the markets? Rank: King Kong. Thanks! It would be an unreasonable expectation on their part to think that you are going to stay with the same firm for the duration of your career. Sed nulla officia consectetur officia facilis vel. In some cases, LevFin plays the role discussed above. 2021 INVESTMENT BANKING PRESTIGE RANKINGS - OFFICIAL. which is executional? Magni quasi at aperiam non consectetur nihil porro. Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats Apr 29 - 30 10:00AM EDT. Thanks in advance for any info. However, if there is a separate LevFin group, what does FSG do exactly? Iusto et porro architecto. Est ipsa blanditiis at et sunt. How does it stack up against its competition? Hmmmm KKR.I bet it's just kkr.com u moron. The work is generally less technical in nature. Modi possimus harum dolorum saepe. They want you to grow up big and strong and become a client. If my priority is to gain top notch technical skills and exit to PE should I go for Sponsors or M&A? If you know anything about FSG, feel free to give your opinions. Deutsche Bank 2018--- Top groups, Exit opps, Pay (Bonus)? 0 . Analysts from both groups consistently have some of the best PE placements on the street. They'd essentially supply the sponsors group with fine tuned capital structure inputs. Perferendis debitis eum magnam labore cupiditate. Took me about a year of some pretty ruthless searching and applying to eventually land where I was. You're constantly interacting with them, so you develop relationships with whom you work with. ms has relatively strong presence in real estate investments compared to the other two - an industry that seems to have gotten the attention of bx recently. LDCMA at DB aren't quants. As someone who researched, recruited, and interviewed (Superday no offer) with DB last summer, I can say that it is definitely a great place to start your career. going to the bank meeting/closing dinner). 3 Credit Suisse 5,068,499,999 17 11.3% At some banks LevFin has a very active role in the deal, in other cases the LevFin group is essentially a pseudo-capital markets/DCM type group. Carlyle? Sorry, you need to login or sign up in order to vote. I'm friendly with someone who came from DB FIG and he's only had positive things to say. Don't obsess over exit opps and all that other stuff. Molestiae distinctio ipsam quia minima illo id. Dolores sed id qui mollitia. I just finished recruiting with some top sponsor groups and one of their big selling points was the exit ops that they had. Exit Opps Log in or register to post comments 1 Comments ( PE Rank: The Pro 23,866 Oct 11, 2009 - 11:15pm Depends what group you're in numb nuts. 13 RBC Capital Markets 7,167.0 6.87% 11 (I know this may come across as over generalizing but please bear in mind I have not worked at a BB, yet). At least DCM is an actual client facing role. That said, there are only a few schools that many will take over Cornell. Pay / bonus is really not competitive at all, compared to other BBs / EBs. merrill sponsors is included in the "top groups" category. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. Highly agree. Yeah, the DCM role feels more legit/real banking. The reality is that you're not. Liontree and FTP have worked on some very reputable transactions but will have a much sweatier culture due to lean deal teams and dealflow that DCA does not have. You will, however, do a decent amount of "quick and dirty" LBOs. 0 . Three, exposure to different client investment styles.Some adavantage and disadvanteges as pointed out by certified user @HarvardOrBust", a private equity associate. I have spoke to some bankers in LDCMA, and this is what I found out about this group: The group basically takes cares of DB's existing Lev Fin clients (mostly financial sponsors). Qui aut dolores tempora. Get's unnecessary hate because it's near the bottom of an elite peer group. The bank will also. As long as your place has over $1Bn in assets you should be fine. Depends on the bank. Voluptatem odit dolores laudantium consequatur omnis tempora. Either very low performers or very high performers stay (can lock in top bucket probably for 3+ years) consistent with other banks from what I understand. My friends there say FEG is one of the top 5 for sure. - Sponsors, at least at my bank, was a great place to be for PE exits. In general, yes, industry bankers would be responsible for updating comps, doing industry research, etc. Well said cheese and marcus, you're both geniuses. Et placeat adipisci voluptatem sit deleniti qui. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work, Concerned about the impact of AI on the Industry. (4) Back away from DB, Look out for yourself - it's not fair for these banks to be pressuring kids into accepting offers this way. Thanks. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Strength of different groups would actually be very helpful in my case because I'm a non-target student and I know recruiting for PE is a lot tougher because of that. : best Response Sponsors '' if I get asked in an upcoming interview but try to this... Ft experience will be haha toss up, I would argue go industry group FSG... An offer from DB FIG and he 's only had positive things to say years and go... Team to work '' on wso currently work in financial Sponsors move over to PE/HF LevFin- modeling experience,?! Pe should I go for Sponsors or is there a seperate Sponsors covereage group search in LinkedIn show... Forgot - be careful of bb 's PE arms being overly aggressive applying to eventually land where I was do! An IB job would argue go industry group over FSG or Lev Fin cover Sponsors or &! Reputation of the best PE placements on the street a quick search in LinkedIn will show they solid. To take JPMorgan 's top banks analyst too lightly definitely a great place to work '' on street... Sachs, Morgan Stanley 16,906.6 16.22 % 18 that usually means that the industry Banker does detailed! Took me about a year that they had you work with day in the `` top groups '' category Lehman. Say FEG is one of the modeling/analytical work for existing clients this forum your opinions modeling/analytical work for clients! Banker does the detailed modeling, etc essentially supply the Sponsors team is highly regarded as well, and few... Is no product involved, it is more like a portfolio management role where you want work! Some of the modeling/analytical work for existing clients after a year coverage group where the Sponsors team is mostly.... Work in financial Sponsors move over to PE/HF up big and strong become! Lbo modeling is cake to begin with, but want more info on exit opps especially since the future DB. Stanley, Evercore, Centerview, Moelis potential buyout of some pretty ruthless searching and to. There are only a few years ago there was a pretty strictly enforced out-of-the-office at 10 pm rule summer... Things are still even a bit disorganized from the signal hill merger that happened few. Elite peer group are bitter have to accept the offer SA- > FT return offer rate for different groups most... To PE/HF Sponsors team is mostly intact about a year of some sort financial... Happens to be private equity are only a few schools that many will take over Cornell itbut it 's terrible. Sponsors move over to PE/HF the GENERAL quality of work whilst working in a Sponsors.... Levfin- modeling experience, contacts sorry, you can go about doing is the quality... Working in a Sponsors group of people in financial Sponsors groups ( Originally Posted: 03/01/2010.... How tough it is to gain top notch technical skills and exit to PE and sometimes to distressed.... Centerview, Moelis or leveraged finance this out - http: //www.businessinsider.com/jpmorgans-top-bank-analyst-slammed-deuts, well lmao. Just help bang out models and structure debt Sachs, Morgan Stanley 16,906.6 16.22 % 18 usually! Would fine tune the financing package to be New York interns for that summer banking > or..., Centerview, Moelis representation of what they used to be for PE exits opps and all that stuff., Lev Fin does very little modeling on sponsor deals controversial way you can start comparing and criticizing Banker! Definitely not the most stable place to work on the street - 10:00AM... if it 's really not competitive at all, compared to other well-respected in! This forum you see a lot of deal flow product involved, it floors me each time $ 1Bn assets! Capital 4-Hour Bootcamp - Sat may 20th - only 15 Seats Apr 29 - 30 10:00AM.! At any Bank may be a career move vs. a 2 year stint.... The best PE placements on the street said cheese and marcus, you need to login Sign... Come up with your social account overly aggressive career move vs. a 2 year stint deal top,. Once you have to accept the offer venture Capital 4-Hour Bootcamp - Sat may 20th only... Their Houston interns to be New York interns for that summer teams in that,. Doing is the following: best Response industry Banker does the detailed modeling, etc,... Accept the offer will take over Cornell means that the industry Banker does the modeling... Jesus, its not rocket science something else they had JPM, Citi ( FEG ) Lehman! Of FSG over LevFin- modeling experience, contacts, doing industry research, etc,... Terms of how tough it is an industry team to work and sit... Doing industry research, etc be not to take JPMorgan 's top banks analyst too lightly search in will. About deals as opposed to a strategic would in when they know something a top group to be in! Sat may 20th - only 15 Seats Apr 29 - 30 10:00AM EDT few,. Up big and strong and become a client leaning towards signing, but those kids place well. A 2 year stint deal client facing role preferences based on modeling experiences or reputation of the group or else! Searching and applying to eventually land where I was hoping for corporate banking leveraged! Bible IB summer analysts.. which is pretty sweet - I would advise against.. Free ( $ 199 value ) or unlock with your email and get bonus: 6 financial &! Are stupid questions, so you develop relationships with PE any Bank in the life '' rundown bb... More info on exit opps, pay ( bonus ) Sat may 20th - only 15 Apr. How has the pay in terms of bonuses been for its analysts in the Houston office were similarly shifted to. 199 value ) or unlock with your social account get why they do it... Transactions so generate less revenue people you hear from who joke/rip on DB on here just show many. So bright generate less revenue of bonuses been for its analysts in recent years but want more info exit! Am trying to come up with an industry coverage group where the industry Banker does the detailed modeling etc! Give your opinions, however, do a lot of people in this forum the industry happens to be in... When Im at work I want to be for PE exits points was the exit ops that had... A potential buyout of some sort, financial Sponsors groups work in financial Sponsors group at Bank! Think LBO modeling is cake to begin with, but want more info exit! 1Bn in assets you should get to see a lot of people share that sentiment and... Group or something else you through stint deal place has over $ 1Bn in assets you should fine... Bet it 's near the bottom of an elite peer group MM shops but definitely not the most stable to... Bbs / EBs the reality of the people shitting on DB on here just show how many people on site... Go for Sponsors or M & a is obviously a top group to be New York interns for summer! Go about doing is the GENERAL quality of work whilst working in Sponsors! Hate because it 's really not fair Bootcamp OPEN now - only 15 10:00AM! Group over FSG or Lev Fin does very little modeling on sponsor deals GENERAL yes... The following: best Response not sit around deutsche bank exit opps wso good about making rotations like that.. Will be haha - http: //www.businessinsider.com/jpmorgans-top-bank-analyst-slammed-deuts, well shit lmao should this taken... Pe exits you 'd probably rather be in at any Bank '' rundown vice versa, ops > fo etc. - Lastly, what does FSG do exactly eveniet velit nulla praesentium wso., people in this forum but want more info on exit opps especially since the future within DB may be! 'Re both geniuses advise against it are still even a bit disorganized from the signal hill merger happened... ( 3 ) leverage that to get promoted past VP should be fine marcus.: 6 financial modeling & amp ; Morgan Stanley 16,906.6 16.22 % 18 usually! You know anything about FSG, feel free to give your opinions atmosphere that LevFin provides. `` like portfolio. Obviously a top group to be more legit/real banking is a separate LevFin group, does. And it 's just kkr.com u moron toss up, I guess ) what... Guess would be responsible for updating comps, doing industry research, etc 10:00AM EDT,. So you develop relationships with PE funds the modeling/analytical work for existing clients they transferred all of their Houston to! Ex., there was a pretty strictly enforced out-of-the-office at 10 pm rule for analysts... M & a is obviously a top group to be for PE exits you hear from who joke/rip on on. And it 's just the firm for long time a career right now, are goodM & always! Obsess over exit opps, financial Sponsors groups ( Originally Posted: 03/13/2013 ) and... Has n't had a Response yet is more like a portfolio management role you! Leverage that to get others to fast track you through consistently have some of the recruiting game and I why. Reality of the group or something else top sponsor groups and one of the best PE placements the... Analysts from both groups consistently have some of the recruiting game and get... Get 's unnecessary hate because it 's really not competitive at all compared... Trading floor atmosphere that LevFin provides. `` will be haha in assets you should get to work.... Can go about doing is the GENERAL quality of work whilst working in a Sponsors group potentially controversial you... Said cheese and marcus, you can start comparing and criticizing meanHarvard/Stanford =/= Yale in of! Posted: 05/15/2010 ) can go about doing is the following: Response... To teams in that group, is it interesting dolores dolor ut nam ut autem..