UBS vs Jefferies vs RBC vs Cantor

I wanted to get some feedback on ER at these different companies.

I would list them in the following order (contains the sector)

  1. UBS (consumer)
  2. Jefferies (Industrial)
  3. RBC (Industrial)
  4. Cantor (Biotech)

Would love to get others opinions on ER, which has a better culture, and as always, exit opps.

Thanks.

 
Most Helpful

Id go Cantor biotech if I were you. Biotech has the best career ops of the sectors. I'd rather do biotech than an II-ranked analyst at the highest paying bulge bracket in any other sector (except maybe Software/Internet. Assuming you can pick up the biotech jargon and all. Some of the fastest rising analysts I've seen have been in biotech. Biotech probably has the highest paid MDs in research on the Street too if I had to guess.

 

LOL and Biotech has the highest paid sellside analysts in the industry (top 3 analysts ~$4-5m annually). I have Biotech friends who've exited from sellside ER associate level to low $200s total comp after only a few years into corp-dev type roles. There are lead analysts who made MD after 5-6 years in the field (jumping around shops but still). That is almost impossible in other sectors. There are Biotech associates who dont cover stocks who make almost $300K all-in.

No one cares about your "background" as much if you've been an associate in the field for a few years.

Please justify why this is terrible advice in light of potential career trajectory (associate to MD in 5 years is a scenario literally), compensation (if you work your way up to working for a top analyst), etc.

 

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