I planned to be a lifer in IB, could anyone share some thoughts on the pros and cons of being in a BB vs MM vs Boutique/LMM bank as an MD?

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RIP my lady

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Interesting that you say this, however I’d say culture might be entirely diff with BB as well. So despite both doing 100 work weeks, BB expectations are always higher I’d say as well as perhaps more deal flow? I’m juggling between 5 deals and 100 hour work weeks feels like 300 hour weeks instead with the multiple work streams. Also depends what group you’re in as well which can dictate lifestyle and WLB. I’m in M&A and just can’t find a way to really manage proper WLB but only been 7 months on the desk and stub associate.

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Maybe! It's probably also personality dependent and how much you're willing to compromise
I'd say I struggled the first half a year or so to figure out how to make things work out
I did have to change my personality a lot but it probably was for the better in the end anyways

As you can imagine, it also takes understanding from my friends and guys I meet. I've definitely made cuts and priorities. But don't see these as negatives

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What type of bank are you at now. I’ve been thinking the same.

LMM. I'd love to move somewhere bigger but I can't think about that until I get my H1B or GC here first 🥲

What led you to want to plan a long term career in IB?

It's the best mix all around in terms of what I want! I realize a lot of people think it's nuts but...maybe I am nuts 😂

Even with 100+ hour weeks, I still managed to squeeze in my hobbies, social life, dating life so WLB isn't a huge concern to me

PE is the only other thing I would consider (maybe I'll change my mind later but at least now), but I also don't see it as something I'd much rather do over IB

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I applaud your decision! Go to a BB - it will give you broader perspectives / likely a more diverse experience. And will give you an opportunity later to focus on what you enjoy the most. It could be an area that M&A boutiques don’t offer, like ECM of debt syndications. Or you could decide to move to an M&A boutique later and that will still be an option.

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