Location, Life, and Buyside

Fortunate enough to have received an offer from aMF在海湾地区。分析师目前在科幻小说and honestly really want to move toNY在银行业后的几年。海湾只是不适合我。由于公司的名称不知道位置直到过程开始(过程非常快),我才进入此过程(我有机会真正反思位置方面)。

我知道我需要在人生中做出自己的决定,但请感谢目前您的一些建议 /见解PE。我被这不切实际的通过在跳吗es of getting a gig in NY? Location aside, I really like the group and think I would be in a position to exceed here. Just don't know if I will be happy / satisfied knowing I have to be here until I'm in my late 20s (started banking a few years behind peers).

理解,正是一个特权的情况很想听到那些对位置优化的人的消息超越更好的购买offers in less desirable locations and vis versa.

IsNYreally worth it in the end?

Comments (15)

  • Associate 1inPE - LBOs
8d

I mean a city is only as good as you make it. If it's aMFand not TB, it probably has aNYoffice you can transfer to after a year / the name will carry you to anywhere else you want. Think you're in a good spot, maybe ask the bank to let you work inNYfor a year if you have time.

  • Associate 1inPE - LBOs
8d

Agreed - I'm innycat a smaller fund where I'm comped below market and in a small class. Concur that a city is what you make of it (independent interests and the comp to do what you want matters here). Beyond this, the team you are with matters daily for morale. Being innycdoes not always necessarily equal happiness. However, the optionality here is great as is nightlife, food, and the vibrancy of various industries.

My two cents is you take the role where you mesh well with team and with a brand name you can use to pivot in the future. Setting yourself up long term is better than the short term trade off of being in a young city IMO as someone who picked the latter over the former. Congratulations again on the offer!

  • Analyst 2inIB - Gen
7d

作为一个结束我的分析师的人NYCand leaving for UMMPE在LCOL城市,为什么要纽约?我在SF中有朋友,他们绝对喜欢海湾的户外可能性。如果您喜欢聚会,喝酒,花钱。NYCis for you. Otherwise, don't get trapped in its prison.

  • Analyst 2inIB - Gen
7d

Understand but you're going to be working so much atMFPEsocial scene isn't really gonna matter…

  • Associate 1inPE - LBOs
7d

What nerd doesn't want to party drink and spend money

最有帮助的
7d
Mrharveyspecter, what's your opinion? Comment below:

How much time have you spent in New York? Where did you grow up? Where did you go to college? Where is your base of friends/family? If you have a strong reason forNYCsuch as friends/family, then perhaps it bears some consideration; however, if you just think you like the idea of bright lights, big city, etc then I'd try and make it at least 1 year at yourMF在考虑切换之前。我在美国的许多城市,芝加哥,芝加哥,居住/工作过很多PErelated work in some of the other "hot" cities, Austin, Denver, Seattle, etc and have finally settled inNYC(at least for a few years) I will say that in my opinion, New York trumps all of the other cities I've lived in. Yes, it's crowded, and more expensive but the amount of social and entertainment opportunities are unmatched. More importantly, I realized that my largest base of family and friends are here. I've been tempted byPE在像奥斯丁这样的地方演出,普遍喜欢,更便宜,提供了一个定居等的机会,但我很高兴我加入了NYCnow.

I'm on the other side of 30 and didn't move toNYCuntil post B School where I was late 20/early 30s. Spent most of my early years in SF. And I don't regret not moving toNYCearlier. Unless you love clubbing/going out, I'd imagine you don't have that much time to do that anyways and doing that type of stuff at 26 vs 28 doesn't make that big of a difference in my opinion.

就我个人而言,我的想法是,除非您讨厌SF,否则我会再过一两年了,最好尽早获得职业,并在您可以在现场的时候保持灵活性。最适合您的工作机会是在SF中,因此,即使您有退出计划,也尝试笑并忍受几年。如果这是一个具有的基金NYC地点,我认为在1年之后表达愿望是合理的,从长远来看,您会看到自己NYCand see if they're open to that. If B-School is in the cards, maybe you optimize for H/W instead of S (assuming those are your main targets coming from a MF) so you can be closer toNYCand then strictly recruit forNYCafterwards.

现在说的话,这取决于您想要的生活。正如我之前提到的,如果您有一个家庭,妻子,gf,朋友NYC, but had to settle for aMMgig in New York, are you ok with that? What about no job at all? Is the location that important to you happiness? It's kind of a toughjob market out therenow, makes it a little more risky to roll the dice on a re-recruit

Contrary to what most will tell you on this forum, I'd argue that if things are that urgent, then go ahead and make the move and figure things out later. You only live life once, so don't pick the career option if its going to make you miserable. If living in New York is just wishful thinking though, make a deal with yourself that you'll do at least a year at theMF, get the branding, and then start looking to lateral/recruit forNYConly roles if it's still on your mind.

7d
Bzfracas, what's your opinion? Comment below:

您获得的道路是什么MFoffer? did you do a few years before banking then recruit after a year or two? curious for folks who may be on the "delayed PE" recruiting path (not recruiting first three four years)

7d
zeroebitda, what's your opinion? Comment below:

May be worth the experience for a couple years

  • Associate 1inPE - LBOs
7d

I loved how fast pacedNYCwas. I left for a slower city and regret it every day. Maybe I'll outgrow it but in early and mid 20s, there is no where better.

6d
HFm0nk3y, what's your opinion? Comment below:

Was in your exact same situation, though slightly different motivation for taking a job in SF (3 years ago). I've reluctantly ridden it out, and generally recommend you do the same. But feel free to DM me and can provide some deeper advice about some of the pros/cons along with how I was thinking about it and how I'm thinking about it moving forward

6d
AerialPlatypus, what's your opinion? Comment below:

Was in your situation last year and ultimately took SF. Generally don't regret it but still interested in / hoping to move toNYCin the near future, curious to hear others' thoughts on this as well, especially regarding moving toNYCin late 20s (28+)

  • ProspectinHF- EquityHedge
6d

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