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JPM IBD vs Macquarie IBD

Hi guys,

I have offers for both JPM and Macquarie summer internships for IBD. I guess i already know the answer to this question, but which one would people choose? Anyone with any useful insights?

Reply 1

DaveDaveDave

Stop showing off, or I will call up JP tommorow and will reject the offer in your name.

Reply 2

pogel17

OP

6

DaveDaveDave

Stop showing off, or I will call up JP tommorow and will reject the offer in your name.

I hope you meant that tongue in cheek! :wink:

I have a choice and i want to make sure i make the right decision based on all the facts, e.g. Macquarie is a niche player and the best at what it does vs JPM who are a big force but could suffer from beaurocracy or lack of promotion opportunities (Macquarie have a system where you can be promoted when people see fit and dont have to wait 3 years to finish your analyst training).

Reply 3

Away from TSR

1

I would take Macquarie

Reply 4

jonas123

1

i'd take JPM but only as I'm waiting to hear back from macquarie and will have more chance if you reject them

Reply 5

Dimez

14

DaveDaveDave

Stop showing off, or I will call up JP tommorow and will reject the offer in your name.

“Hello”
“Hello”
“I would like to decline my offer for IBD Summer Internship”
“Any reason why?”
“Do I have to give a reason?”
“Eerr, not really. Anyway, what’s your name?”
“Pogel17”
“Pogel what?!”
“Pogel17 I said”
“You can’t have a number in your name! What’s your real name?”
“Eerr..Pogel?”
“Let me just check…Sorry we haven’t got the name Pogel in our system”
“Er OK. Bye.”

Not quite. :wink:

Reply 6

kahler_potential

11

Or, for the observant who have read pogel's sig:

“Hello”
“Hello”
“I would like to decline my offer for IBD Summer Internship”
“Any reason why?”
“Do I have to give a reason?”
“Eerr, not really. Anyway, what’s your name?”
“Phil Walbridge”
“Ok Phil, we're very sorry you won't be joining us this summer. We wish you the best of luck in your future career.”

Reply 7

pogel17

OP

6

Olek

Or, for the observant who have read pogel's sig:

“Hello”
“Hello”
“I would like to decline my offer for IBD Summer Internship”
“Any reason why?”
“Do I have to give a reason?”
“Eerr, not really. Anyway, what’s your name?”
“Phil Walbridge”
“Ok Phil, we're very sorry you won't be joining us this summer. We wish you the best of luck in your future career.”

Only thing is my name is not Phil Walbridge!

Reply 8

Dimez

14

Or for the observant who checked pogel's profile, his name is James!

Replace Phil Walbridge with James Pogel (?) perhaps then maybe we're getting somewhere!

Reply 9

kahler_potential

11

fair enough, my apologies. I'd have it as a better guess than "Pogel17" though

Reply 10

madame investment banker

answer is obviously JPM gosh..y do u even ask..when u know da answer....come on go for it!

Reply 11

Brown Patrick Bateman

10

Why on earth do you have "Phil Wallbridge" in your sig then?

Reply 12

Barny

17

I bet the poor guy is scared stiff that somebody is gonna ring up in his name and cancel his offers now :p:

Reply 13

Dimez

14

Chassez

Why on earth do you have "Phil Wallbridge" in your sig then?

A search on google quickly reveals that “Phil Wallbridge” is a student at St John’s College, Durham. Either pogel17 really is Phil or he’s got someone else’s name in his sig, who happens to study at St John’s. Me thinks it is the former.

*Rings JPM with the façade of being Mr Phil Wallbridge*

Reply 14

Serzh

In your opinion which ones would be the best teams to join at Macquarie? I will be interning there this summer and i'm interested how they assign interns to different teams, is everyone on the same programme and gets invitations to join particular desks at the end of internships? Obviously i can ring them up and ask all questions but does anyone know how this normally work in corp finance/investment banking?

Reply 15

Gauss

11

To the thread starter:

I think it's important which company you think you will fit in best with. You should have gained this vibe from the whole interview process. Remember, it's not just them interviewing you, but you're interviewing them. This is important when you are faced with more than one offer.

Ask yourself these questions:
- Did you 'click' with any of your interviewers?
- How important is the "culture factor" for you?
- Do you see yourself growing with the firm?
- Which bank would offer you better experience, given your skills, experience, and risk appetite?

Well done anyway for getting both.

Reply 16

DaveDaveDave

With the modern invention of facebook, it is not hard to find anyone's identity.

Reply 17

Dimez

14

That's only if everyone's got a facebook account. Not everyone does.

Reply 18

DaveDaveDave

Over 90% of people from my Uni uses facebook.

Reply 19

Tiesto82

@pogel17: what was the 3,5 h test at Macquarie like? Any tips?