IBanking: West Coast vs East Coast?

<p>It seems that NYC IBanking is considered superior to IBanking in SF(/LA).</p>

<p>Is this true? What are the main differences? Money? Exit opportunities?</p>

<p>It isn’t really superior per se, but that east coast has many more Ibanks and a lot of people want to work at the headquarters where the decision makers are instead of at branches. In addition, it’s easier to make connections because in certain parts of Manhattan, it’s literally impossible to avoid running into bankers, lawyers and people in high finance. Proximity to many financial institutions and connections are helpful in finding the next opportunity.</p>

<p>I would agree with the above poster. The west coast is where you want to be if you are interested in Tech IB, just as Houston is where you want to be if you are interested in the Energy space. For banking in general, there are more opportunities (more banks, groups, boutiques, bank headquarters, etc), networking avenues and access to next step employers in NYC than elsewhere. </p>

<p>IBanker</p>

<p>Does that mean it would be more beneficial to say, go to Columbia than USC for IB?</p>

<p>Columbia would be a better than USC for more than just the location. Columbia is a bigger target for banks and is more prestigious, but these may be partly due to location as well.</p>