Investment Banking Geographic Location

Career Opportunities & Internships Investment Banking
1

<p>I'm going to be a senior in high school next year and I've began to think more about what possible career and college paths to take. Ibanking and other areas of finance seem very interesting to me and I've began to learn more about the process of getting an analyst position, progressing through the ranks, exit opps, etc. One thing I haven't been able to find a definitive answer on is the geographic region where Ibanking jobs exist. </p>

<p>Do Ibanking jobs only exist in New York or are there opportunities in the other major cities like Chicago, LA, and San Francisco? What about cities like Seattle, Denver, or Salt Lake City?</p>

<p>If Ibanking does exist in these areas, would the salary be significantly different and would it be much harder to find an analyst position than in New York?</p>

2

<p>there are ibanking jobs in most major cities, but the majority of those jobs will be at small boutiques. NYC, Chicago, LA, SF, Houston are the cities where there big firms will have offices and where most students try to aim for. Salary at the big firms will be the same across the street and at their regional offices. Small boutiques will most likely pay below street, but probably have better hours too.</p>

3

<p>Thanks, that clears things up. What would you say the salary decrease would be from a New York firm to one of the better paying boutiques in say, Seattle? Would it be somewhere in the range of a 20% decrease, 50% decrease, more?</p>