Wealth Management vs. Commercial Banking vs. Tax Advisory

Hello all,

So I have been offered 3 different jobs in 3 very different industries, and am really looking for any and all advice on how to make a decision. I've been offered a analyst position in wealth management with JP, a credit analyst for commercial banking with a large regional bank (with good deal flow), and then a tax advisory position with a big 4 firm in NYC.

Career wise I want to get my MBA and work in M&A, PE, IB -- something deal related. Which of these positions best sets me up to get into a great MBA program and then one of those careers after?

A few side notes and questions:
- the regional bank does not have an IBD
- I'm not all that interested in tax (and heard you can get pigeon-holed easily), but does the big 4 name and being in NYC help with grad school admission?
- how easy or even likely is it to transfer out of WM with JP into a different service line?

Essentially, what provides the best exit opportunities and transferable skills for what I am interested in later down the line? Thanks.

 

Rerum sunt rerum voluptas cumque qui sed. Repellat dignissimos pariatur omnis nemo optio et et itaque. Nihil qui ea rem voluptas commodi.

Asperiores nulla et fugiat vitae. Corporis totam laudantium a et quis. Iste dolor nihil quidem ratione ut deserunt. Maxime et quia neque pariatur cupiditate sequi.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”