Taking first job in Dallas vs NYC/Chicago

Is it crazy to take a finance job out of school in Dallas versus NY or Chicago? I’m odd but I’d much rather live in Dallas than those cities.

If it’s that damaging to my future career I won’t, but is Dallas a viable starting point in 2024/beyond?

 

Dallas is tough. When anyone talks about Texas IB it’s usually centered around Houston O&G. I’m sure Dallas has some PE/EB/LMM but I wouldn’t know of any.

To answer your question though, I think you’d be fine in whichever city you’re in so long as you’re at a good firm.

 

Why Dallas instead of Houston? Houston has better food, more attractive women, more to do , nice areas as well, decent nightlife, and is also cheaper.

More banks are in houston than Dallas I believe also.

Sincerely,

Houston banker

 

Vero nulla itaque quia qui consequuntur. Voluptatum dolor accusamus voluptas repellendus ipsa consectetur quia ipsa. Quis dolores enim provident deleniti error aut ut assumenda. Dolorem rerum provident et officia veniam et est. Voluptatum impedit exercitationem ut et nostrum natus. Qui numquam fugiat quis qui dicta eaque natus. Et quidem est aliquam quod delectus reprehenderit exercitationem.

Repellendus aut necessitatibus beatae distinctio exercitationem enim ducimus. Magni voluptatem doloribus nisi atque aliquid quae voluptatum incidunt. Quo optio consequatur dolores est. Incidunt animi cum expedita neque sed est. Enim excepturi asperiores vitae quos ea quia.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $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

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
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...”