<p>My question is essentially; do large bulge bracket firms (e.g ML, JP Morgan) hire analysts strait out of undergrad. in the Los Angeles area? And if they do, is the pay/working hours comparable to Wall Street? What are the differences in working in Los Angeles vs. New York (besides having to begin work earlier due to the time zone differences).</p>
<p>bump......</p>
<p>So you're probably thinking, get the NY Wall Street $$$ and live the LA lifestyle huh?</p>
<p>Sounds like a good deal. But not in reality. The LA divisions of most large investment banks are highly specialized and very small - so unless you are a "hitter", have major experience and can bring in large media / real estate deals - you're pretty much out of luck.</p>
<p>Besides, if you want a proper career in finance / Wall St., go to NY.</p>
<p>In terms of finance work / industry, LA doesn't even break the top 5 US cities:</p>
<p>New York, Chicago, San Francisco, Boston, Washington. D.C., Atlanta THEN perhaps LA.</p>
<p>Media, music, film = -> LA</p>
<p>Go into those industries if you are determined to stay / live in LA.</p>
<p>Just wondering how difficult and different the process is for getting an ibanking job at still a BB firm but not in a major market (Chicago, DC, Boston...) Is it in general easier--do they recruit at schools in that area?</p>
<p>Also in any city do Botiques and the BB generally pay about the same base salary and just the bonus varrys excpt at places like Greenhill? Or is the base generally less too? (Thinking about places like Lincoln Partners or
Barrington Associates...)</p>
<p>thanks</p>