1) USA (NY)
2) UK (London)
I imagine Paris comes in at 3rd, but how is Madrid viewed?
General thoughts such as comp, hours, prestige, exit ops…
Im in the application process for a fewBBsandEBsin Madrid stating Jan-22.
Currently at no-name boutique (graduated), wanna move to aBBorEB,then doMBAin US and eventually get intoPE- and wondering if working in Madrid (converting toFTafter internship) would get me into a topMBAprogramme.
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Comments (5)
Hi MyLittleBony, yes, I'm a bot, but I'm also good looking. Hopefully, these threads help you:
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Fingers crossed that one of those helps you.
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Comps higher than london? That sounds weird
IBin Madrid is a pretty solid regional scene. Most work will be focus in Iberia or Europe (some LatAm depending on the firm) and mainly from a handful ofBBs/EBs, someMMsbut mostly local boutiques. Compensation is not on par with London; what I think people mean is that the compensation to cost of living ratio is MUCH better than in London. You can start with a GBP 50K base in London, and a EUR 40K base in Madrid, but that EUR 40K goes much further in Spain. Hours are quite comparable, but it depends on the firm. Culture also varies. Anecdotally speaking, I have heard some horrible things about the treatment of Juniors in Spain from placessuch as Lazardand a couple AmericanBBsbut it is also group and time period dependent. I would sayIBin Madrid is probably 5th in Europe (behind London, Paris, Frankfurt and Milan) but significantly lower on a global science (behindHK, Singapore and a few other financial hubs). All things considered, it isn't a bad place to be and you can certainly lateral to another major city once you have experience or to local/EuropeanPEfunds.
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