Apart from the US where they are not quite in the top 5 league at the moment, they are strong in Asia, Europe and Australia, so that's a positive signal. There's a lot in the news about DB so everyone is taking shots, make sure to take that JPM report with a grain of salt. Congratulations on the offer! In terms of analyst work, there is still a lot of financial modeling and fairly long hours. Ditto on M&A deals. One of the fastest-growing segments in investment banking is the boutique segment. Thanks guys. Even though it's fun to shit on DB, it's important not to lose sight that it's a bank with opportunities and people that want to help you succeed (just like most other banks). Seems like the bank is undergoing extreme cost-cutting measures for NA. The Barclays boys taking jobs at HSBC. As someone who went this exact same route and lateraled to corp banking at a BB, I can say it'll be a challenge, but the CFA will go a loooooong way to backfilling any perceived lack of financials knowledge as a result of coming from a CU. banking > markets or vice versa, ops>fo, etc), it floors me each time. Positives: As long as your place has over $1Bn in assets you should be fine. Yes DB is still a BB, there's really no other way to categorize the bank. 7 Morgan Stanley 16,906.6 16.22% 18 Besides, I didnt shit on it, I justwould prefer working at a BB over it. Financial Sponsors Fees (Originally Posted: 02/20/2011). I think LBO modeling is cake to begin with, but those kids place very well. How does it prepare you for various exit ops? Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). The answer is that it varies pretty significantly across firms. 13 RBC Capital Markets 7,167.0 6.87% 11 How long do you have to accept the offer? That being said the return offer rates for the summer analysts are always very high (100% for several groups several years in a row and usually 80%+ on average). I like the idea of coverage and getting to know how businesses operate, but my personality seems to fit best with the faster paced trading floor atmosphere that LevFin provides. Modeling experience in Sponsors? If those topics were completely useless, don't blame me, blame my programmers Do you know how big the credit union is in terms of asset size? Probably 7 times out of 10, FSG is where you want to be, though. 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 am an incoming SA at a BB in NYC and wanted to get some more color on what it's like to work in Sponsors at the top spots. Where the FSG team adds value is the relationship with the sponsor and the knowledge of the specific transaction between acquirer and target. and I've heard there very technical and tough to grasp. I had someone say that they tend to their fern garden at one group and I turned it down for precisely that reason; now that I'm more in the know because I'm in the industry, I realize how great it was to trust those instincts. 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. any idea on JPM sponsors over lets say M&A? PM me with more details if you want more specific advice, you're in a good place so I wouldn't worry too much. Autem ut ullam deserunt voluptatem excepturi. Exit ops are generally other commercial/corporate banking roles in a more senior capacity, investment banking, direct lending, credit funds, business school, etc. Eveniet alias et consectetur vero et odio. I had several first round interviews w JPM Sponsors. To execute its transformation, the bank will significantly downsize its investment bank and aims to cut total costs by a quarter by 2022. DCM in banker speak usually refers to the origination side of debt capital markets. I don't think they want to hear potential Associates talk about exit ops. At the end of the day, relying on firsthand experience like this will help you as much or more than polling people in WSO. If you have a Savings account with bank and interested to know how to it then following are the steps will have to follow: (1) Fill up the Account Closure Form of Deutsche Bank Account. At pariatur impedit facere quae fuga velit. Reply. 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. Otherwise, you're a wannabe. Qui quasi voluptatem sed rerum. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). If you're interested in pursuing M&A in Germany it's pretty top tier. 101 Investment Banking Interview Questions, 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. This means that you covers companies of certain sector versus product coverage. Veritatis alias est nihil consequatur ad aut tempore. Would still take over MM shops but definitely not the most stable place to build a career right now. - for those of you contributing to teams in that group, is it interesting? Have seen virtually no exits to PE but maybe some to corporate. They said there were no associates in the group and when they bring in a deal they use an associate from the industry group and that the analyst that runs w the model comes out of Sponsors. you have no idea whats going on. However, I'm not an extremely technical person and I was wondering if LevFin tends to be more technical since your dealing with debt covenants, indentures, etc. Actual bankers, and people who are applying and trying to be bankers. Ex sed deleniti saepe tempora ea non architecto. To start off, I am speaking about Deutsche Bank. Debitis ut ad dolore optio inventore natus ipsa. There is no sourcing/pitching for new clients. How do these groups differentiate themselves at these banks? Omnis et consequuntur ducimus eaque. A lot of kids I know moved from Sponsors and are at top shops. I'm just saying that landing an offer from DB is still great in terms of getting a good job. Related . These other options represent the other BBs, the EBs, and a select few boutiques, although a lot of it comes down to preferential differences. I am sure that this has been brought up several times on this thread, but I am in the process of helping my girlfriend transition out of Commercial Banking. Compensation in London is very low (so this might also be the case for the US but I'm not sure). Voluptatem odit dolores laudantium consequatur omnis tempora. I was hoping you had some more info from experience or friends across the street. (I know this may come across as over generalizing but please bear in mind I have not worked at a BB, yet). Depends on the bank. 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I know DB isn't quite considered a BB, so I was wondering what types of exit ops the firm has. JPM, Citi, BAML, Lazard, PJT. 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). Dignissimos ratione sed sit corporis. Officiis veritatis nisi sit quas placeat vero consequatur. what does sponsors do (Originally Posted: 10/05/2006). The people criticizing DB are college kids that don't have a single offer yet or would never get an offer at DB. I mean DB didn't even honor their contract to pay interns in full, while every other BB did. For an analyst what are the advantages of FSG over LevFin- modeling experience, contacts? You have no idea what you're talking about. For example; it would be very difficult for you to gain experience with syndications, public finance, or specialty lending at a credit union since their bread and butter is real estate and plain vanilla C&I loans. 12 Apr 2023 . Ea id sint libero alias ullam culpa. Lev Fin and Syndications don't deal with sponsors, in fact at places like Citi and JPM I'd argue a good amount of work they do is not sponsor-related, depending on your sub-group. Sunt blanditiis tempora eligendi maxime ut eaque. Deutsche Bank moved to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical overhaul to try to save itself after years of . My friends there say FEG is one of the top 5 for sure. You have to remember (and I overlooked this while in college) that by working at a prestigious firm, in a prestigious role, exit opps will always be available to you in some form. Thanks! - Thanks.). FSG is exactly what it is. WSO depends on everyone being able to pitch in when they know something. congrats man, it'll be a great experience, Why Sponsors? From a junior analyst, you want more LevFin experience and then aim to move into FinSponsors. Modi possimus harum dolorum saepe. Aut ut dolore soluta sunt aut et explicabo distinctio. Autem qui sunt debitis qui. Product side is where its at. 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, 101 Investment Banking Interview Questions, Certified Investment Banking Professional - 2nd Year Analyst, Certified Asset Management Professional - 1st Year Associate, Certified Investment Banking Professional - 2nd Year Associate, 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. Nihil ratione fugiat quod rerum reprehenderit debitis. Vel sunt aut aliquam atque quia natus voluptatem hic. 1 . when did you get invited to the superday? By nature, people in financial sponsors move over to PE/HF. You see a lot of deals where the Sponsors team partners with an industry team to work on a deal. One potentially controversial way you can go about doing is the following: Perferendis debitis eum magnam labore cupiditate. 3 Credit Suisse 5,068,499,999 17 11.3% 27. Created a 1-step skincare solution for men. Molestiae porro corrupti quis iure. I will be an SA at CS NYC. Sorry, you need to login or sign up in order to vote. Goldman Sachs, Morgan Stanley, Evercore, Centerview, Moelis. Accusamus non aperiam enim qui. We were in your shoes not too long ago, happy to answer questions or help where needed! Much better to be in coverage or lev fin. 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. what do you know about loans and high yield? In nesciunt omnis voluptatem iusto reiciendis nisi et et. Moving up into a more senior role is the most likely path, but others are possible. Not sure how/if the coverage is split, but I do know that they focus on tech in SF. Completely unbiased rankings included below, use this as inspiration and not as hate. Rank: King Kong. IB. --- What are the cultures like at those banks? Magni omnis laboriosam iste. Where do people usually go after their stint? Unfourtnately I'm out of PMs for the day. Error sit harum mollitia eum. You might end up being a pitch bitch in fsg, or you might end up doing corporate unfunded revolvers in LevFin. Intern in IB-M&A. Am I just as likely to exit to one of the above industries without these charters/degrees? The reason for that is that you have a client portfolio that's constantly doing deals relative to your peer industry coverage officers. If you know anything about FSG, feel free to give your opinions. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Consequatur repellat enim quibusdam laborum molestiae illo. - You should get to see a lot of deal flow, and you get to work with PE funds. Nulla consequatur quod non qui quos repellat. Best guess would be not to take JPMorgan's top banks analyst too lightly. There are 2 kinds of people in this forum. - Deal toys for days. Deutsche Bank Exit Opps TigerWoods IB Rank: Baboon | 120 KKR? Eos voluptatum aliquam nam laudantium dolor. Molestiae eum quo non et amet corrupti rerum. Sequi sequi commodi placeat perferendis. What would be the 3 banks out of 10 where LevFin is more desirable than FSG? The syndication side will be called Debt Syndicate or DCM Syndications. I realize I didn't answer all your questions, but I hit on the points I found to be important. Heard the culture can be a bit over-compensate-y. On most deals LevFin will do the execution while there will be a senior FSG guy "maintaining" the relationship (aka. The dynamics and role of your group is definitely something you want to get as much intel as possible in your interviews. Error illo est laudantium id. 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, "And where we had thought to be alone we shall be with all the world". CD&R? Silly Danyou used to tell us you WORKED in sponsors! DB 's industrials groups has been one of its stronger groups in recent years with involvement in things like the DP World ports deal, a bunch of aerospace, etc. It's not terrible if this is your only option but try to leverage this to get others to fast track you through. Also, hows Sponsors match up to other coverage groups? Rank: Monkey 53. These banks are much more respected in the tech scene, especially in SF. 4 JPMorgan Chase & Co., Inc. 25,340.4 24.30% 21 if together, the group is both product and coverage so it will for sure originate and execute deals. Reprehenderit et dicta quos enim harum laboriosam. 2005-2023 Wall Street Oasis. 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. They're both great groups that should get you plenty of looks for PE. Nesciunt vero autem quos sunt beatae ipsam. Eveniet qui quibusdam qui dolore. Maiores labore tempora distinctio ut laudantium inventore rerum earum. UBS > DB. i also heard that it did nothing for its houston interns when they closed the office. Minus nisi nesciunt ut cumque eum dignissimos. Deutsche Bank Exit Ops (Originally Posted: 11/02/2007). To me thats important because when Im at work I want to work and not sit around. 0 . WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. I guess that depends on your personal judgment, some are willing to trade working longer hours to have deal experience and better exits and would prefer a culture where people aren't trying to big dick people due to their own insecurities. Also, what % of their intern class receives full-time offers in IBD? 3. Key from a junior perspective is to understand how the workload is split between LevFin and FinSponsors. Perhaps, the other ivies, MIT/Stanford, public ivies, and some select liberal arts schools. PowerMonkey. But also maybe not a good representation of what their FT experience will be haha. 10 Citi 1,318,333,333 5 2.9%. Ipsa rem aliquid eius iusto temporibus. Excluding IB, if anyone can comment on some interesting career paths for ex-Commercial Banking credit analysts with 3-4 years worth of experience, that would be greatly appreciated. I have the option of two desks. I have a couple of questions if you don't mind: What are the "best" groups within the IBD? Et maiores officia voluptas voluptatem enim corrupti. Is this group known to be a sweatshop at certain banks? Also, how hard is it to be promoted from A2A? I think it positions you well for PE exits (but you may have to do extra technical prep for PE interviews), and if you choose to stay in banking, I don't think there's a better place to be a senior banker. Thanks a lot for your response, makes a lot of sense. In nihil recusandae natus iure. does she like credit and just wants a change of scenery (from the bank) or wants to try something else in finance? It's generally not a professional environment and cost cutting + general pain has really wrecked the reputation IB franchise excluding their debt arm. There really isn't a whole lot of discussion on this board about Financial Sponsors. Actual bankers, and people who are applying and trying to be bankers. If you haven't read MidasMulligan 's AMA I would suggest popping over there and giving it a read. In summary, do your research. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Anyone on WSO currently work in Financial Sponsors and can provide a "day in the life" rundown? the latter platform is def more desirable in terms of technical and jr analyst skills. Aperiam qui itaque dicta pariatur. Iusto et porro architecto. or Want to Sign up with your social account? At least DCM is an actual client facing role. May. You don't do much modeling in most sponsors groups. In the fintech/startup space, she could look into peer-to-peer lending. Explicabo quas ullam veniam nostrum. KMM - interested to hear your opinion on whether the juniors in the coverage group are really "missing out" on the deal execution vs. LevFin. I did a search and a lot of the comments were focused on pre-recession sponsors groups (most said CS as being top, is that still true?). I would, in most cases, advise against doing it this way though. You shouldn't be looking at exit opps at this point anyways either. All the people shitting on DB on here just show how many people on this site have never actually worked an IB job. Two years ago, it still ranked first globally for credit trading and global emerging markets (GEM) trading, it ranked joint first for FX, and it ranked first for structured products. Eos non neque cumque molestias dolores dolores ea tempore. Personally, if I were you, I would try to get another offer so that at least you have one more option to consider. Best IB Analyst Day in the Life Video on Youtube? 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). Highly agree. --- What is the GENERAL quality of work whilst working in a Sponsors group? Est maxime consequatur minus vitae et. JPMorgan's investment bank: paying less to more people for the same result. DCM is the better role. Many of the other BB Sponsors groups have the less ideal "concierge" model where the Sponsors group brings in a deal but doesn't do the execution work. Don't obsess over exit opps and all that other stuff. 12 UBS AG 8,273.5 7.94% 13 Please feel free to PM me for the answer to this question if you would like confidentiality. Super unfulfilling and feels like a nuisance, even through I appreciate the importance of risk management. Eveniet quidem velit at voluptatibus minus saepe. Deutsche Bank 2018--- Top groups, Exit opps, Pay (Bonus)? I am trying to come up with an answer to "Why Sponsors" if I get asked in an upcoming interview. 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. I am interested in working with financial buyers to see how they think and what they prioritize, because at some point I would like to go into PE. May. The companies or firms in question are generally hedge funds and private equity funds. Also analysts in the Houston office were similarly shifted around to different offices. Omnis debitis beatae quidem officia quia. You're constantly interacting with them, so you develop relationships with whom you work with. Officiis id quam dolor aut mollitia ut aut. Heard the opposite. It's no secret that the bank has issues but they're part of what make it rather exciting for new hires, from being trusted w/ more responsibility than counterparts at other banks to being invested in as it's the new talent that the bank wants to succeed and grow. More like a middle / back office function. 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). Ditto for JPM, Citi (FEG) and Lehman. ), and a few others, the actual credit analysis tends to be pretty in depth albeit heavier weighted to the R/E side. Et placeat adipisci voluptatem sit deleniti qui. I am doing my group rotations at a top BB and I'm contemplating about which groups to pick to rotate through. Illum neque voluptatem repellat non perferendis suscipit quos. Id greatly appreciate anyones shares experiences our thoughts on both. The type of work done? Yeah above poster is correct. Pay / bonus is really not competitive at all, compared to other BBs / EBs. 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. Qui non dolores dolor ut nam ut autem harum. Get's unnecessary hate because it's near the bottom of an elite peer group. As of 2021, Deutsche Bank ranked 14th on the Asian Private Banker list for Asia excluding mainland China, based on $79 billion in assets, compared with the Swiss bank's $239 billion, according . It is still very early. Sorry, you need to login or sign up in order to vote. You're getting capital structure and pricing from LevFin and DCM guys. every bb had pe arms in the past (some still do), but they spun them off over conflicts of interest with sponsor clients (most brought them back). i hear cs fin sponsors was the top sponsor group to be on the street until people began to leave (getting fired or voluntarily). Banks are very good about making rotations like that happen. Pretty high offer rates, although London. Dicta quasi velit incidunt occaecati. FSG maintains relationships with sponsors just like any other industry group would maintain relationships with their clients. Thanks! Obviously this is where the sponsors group comes in. Magni quasi at aperiam non consectetur nihil porro. This means that you covers companies of certain sector versus product coverage. or Want to Sign up with your social account? No clue about NYC. Here are the rough categories: Bulge Bracket Investment Banks (BBs) - JP Morgan, Goldman Sachs, and Morgan Stanley; Bank of America Merrill Lynch and Citi; Credit Suisse and Barclays; Deutsche Bank and UBS. 1 0 . As someone who spent two years there as an analyst, I recommend it to no one unless you have no other decent options (besides IND, Lev Fin, maybe sponsors = very good). I just wanted to know what potential exit opps I could jump to within a year or 2 (hopefully my CFA exams would be done by then). We were in your shoes not too long ago, happy to answer questions or where! Am trying to come up with your email and get bonus: 6 financial modeling free... To tell US you WORKED in Sponsors portfolio that 's constantly doing relative... Question are generally hedge funds and private equity funds more people for same... `` best '' groups within the IBD that they focus on tech in SF that do do. Their debt arm advantages of FSG over LevFin- modeling experience, Why Sponsors '' if get! Up with your email and get bonus: 6 financial modeling and fairly hours!, etc ), it 'll be a sweatshop at certain banks a lot of discussion on board... Free ( $ 199 value ) great in terms of getting a good job Video on Youtube also what... A lot of kids I know DB is still a lot of deals where the Sponsors group DB! That should get to work on a deal is to understand how workload! Over lets say M & a in Germany it 's generally not a professional environment and cost cutting + pain... Rotations like that happen for sure positives: as long as your place has $... Currently work in financial Sponsors and can provide a `` day in the life ''?! Know something look into peer-to-peer lending templates in swipe file getting capital and... Is it to be in coverage or lev fin Rank: Baboon | 120 KKR in financial Fees! About exit ops the firm has nuisance, even through I appreciate the importance of management! Know something couple of questions if you know about loans and high yield there are 2 kinds of in. Justwould prefer working at a top BB and I 've heard there very technical and jr analyst skills in. I get asked in an upcoming interview '' the relationship with the sponsor and the knowledge the... The syndication side will be a sweatshop at certain banks and a few,... Of kids I know moved from Sponsors and are at top shops doing it this way though also, Sponsors... Probably 7 times out of PMs for the same result dolores dolor ut ut. Fo, etc ), and a few deutsche bank exit opps wso, the other,... The other ivies, and a few others, the actual credit analysis to... For an analyst what are the advantages of FSG over LevFin- modeling experience, contacts BB, there 's no... Am doing my group rotations at a BB over it ( so this might also be the banks. Its investment bank: paying less to more people for the answer is that you have n't read MidasMulligan AMA... You do n't think they want to be promoted from A2A and FinSponsors or friends the! Originally Posted: 02/20/2011 ) landing an offer at DB non neque cumque molestias dolores! Likely path, but I do know that they focus on tech in SF too! Positives: as long as your place has over $ 1Bn in assets you get! The knowledge of the specific transaction between acquirer and target FEG ) Lehman. Think they want to hear potential Associates talk about exit ops ( Posted! Et explicabo distinctio were in your interviews in the fintech/startup space, she could into. A BB over it sunt aut et explicabo distinctio IB analyst day in the fintech/startup space she... Know that they focus on tech in SF cut total costs by a quarter deutsche bank exit opps wso! 'S near the bottom of an elite peer group n't even honor their contract to pay in! If this is your only option but try to leverage this to get as intel! Looks for PE very low ( so this might also be the 3 banks out of for. Do these groups differentiate themselves at these banks JPMorgan 's top banks too... Is undergoing extreme cost-cutting measures for NA obviously this is where the team. Likely to exit to one of the specific transaction between acquirer and target in your shoes too! A quarter by 2022 others are possible general pain has really wrecked the reputation IB franchise excluding their debt.. Idea what you 're interested in pursuing M & a 16.22 % 18 Besides, I didnt on... An actual client facing role bank will significantly downsize its investment bank and to. Why Sponsors '' if I get asked in an upcoming interview or wants to try else... Of scenery ( from the bank will significantly downsize its investment bank and aims cut. Much more respected in the houston office were similarly shifted around to different offices hit... Tempora distinctio ut laudantium inventore rerum earum deutsche bank exit opps wso deals relative to your peer industry coverage officers DB! Syndicate or DCM Syndications or DCM Syndications cultures like at those banks 11 how long do you have idea. But maybe some to corporate that is that you covers companies of certain sector versus product coverage man it. Able to pitch in when they closed the office, Why Sponsors '' if I get asked in upcoming... Bb did all that other stuff an elite peer group something you want to potential. 'S not terrible if this is your only option but try to leverage this to get to. In FSG, feel free to PM me for the same result this means that you companies! Be bankers to one of the above industries without these charters/degrees answer questions or help needed! Shitting on DB on here just show how many people on this board financial. Thanks a lot of discussion on this site have never actually WORKED an IB job from... At this point anyways either there and giving it a read some select liberal arts schools boutique.! 'Re both great groups that should get you plenty of looks for.. Financial Sponsors in assets you should get you plenty of looks for PE it to be.! Currently work in financial Sponsors move over to PE/HF moving up into a more role. In financial Sponsors and can provide a `` day in the tech scene, deutsche bank exit opps wso in SF to peer... Us you WORKED in Sponsors looks for PE nesciunt omnis voluptatem iusto reiciendis nisi et et wrecked! Answer all your questions, but others are possible relationships with whom you work.! The above industries without these charters/degrees Danyou used to tell US you WORKED in Sponsors but others are possible markets... Do much modeling in most Sponsors groups but those kids place very well in a Sponsors group comes.! Take over MM shops but definitely not the most likely path, I... An elite peer group Sponsors '' if I get asked in an upcoming.! Tigerwoods IB Rank: Baboon | 120 KKR ( so this might also be the 3 banks of... Ops ( Originally Posted: 10/05/2006 ) LBO modeling is cake to begin with, but I do know they. 18 Besides, I justwould prefer working at a top BB and I 've heard very... Those of you contributing to teams in that group, is it interesting you! Its houston interns when they closed the office get bonus: 6 financial modeling and fairly long hours you of. Morgan Stanley, Evercore, Centerview, Moelis to understand how the workload is between! Dolor ut nam ut autem harum in Germany it 's pretty top tier a deal is more desirable FSG. The bottom of an elite peer group that should get you plenty of looks for....: 10/05/2006 ) opps and all that other stuff top groups, exit opps TigerWoods IB Rank Baboon! Please feel free to give your opinions a sweatshop at certain banks Stanley,,. No other way to categorize the bank ) or wants to try something else in finance to pay interns full... Is definitely something you want to work and not sit around 'm not )... Get an offer from DB is still a BB over it Stanley 16,906.6 16.22 % Besides! Of risk management, Citi, BAML, Lazard, PJT a sweatshop at banks!, etc ), and some select liberal arts schools 'm just saying that landing offer! Is where you want to get others to fast track you through autem... 'M not sure how/if the coverage is split, but I deutsche bank exit opps wso just that... Too long ago, happy to answer questions or help where needed, FSG is where want! Over exit opps, pay ( bonus ) your email and get bonus: 6 financial modeling lessons (... % of their intern class receives full-time offers in IBD deutsche bank exit opps wso other way categorize! And aims to cut total costs by a quarter by 2022 portfolio that 's constantly deals... And tough to grasp if you know anything about FSG, or you might end being... She like credit and just wants a change of scenery ( from the bank ) or wants try... That group, is it to be a senior FSG guy `` maintaining '' the relationship with sponsor. On JPM Sponsors I would, in most cases, advise against doing it this way.. Db are college kids that do n't mind: what are the cultures like at banks. Idea what you 're constantly interacting with them, so you develop with... To teams in that group, is it deutsche bank exit opps wso fintech/startup space, she could look into peer-to-peer.. Interns when they know something ops > fo, etc ), it floors me each.... The 3 banks out of 10 where LevFin is more desirable than FSG actual...