Wanting to begin my FT career in Dallas while a SA in NY

To start, a brief background on myself:

[
Grew up in the mid-west/south
Senior at non-target school in the SEC, graduating May 2017, GPA: 3.9+, good amount of involvement/leadership roles/jobs on campus

Most relevant work experience includes:
corporate finance (FLDP) internship prior to my junior year @ F15 corporation in the Northeast @ company's HQ
Incoming SA at a BB bank working in Corporate Banking (I fly out to NY next week)
]

Here is my dilemma. I'm familiar enough with the Greater NY area to know that I am most likely going to enjoy my summer in the city, regardless of how much I do or do not end up working. However, I don't enjoy the thought of becoming a full-time resident of the area. For many personal reasons, I believe I would be happiest coming out of college living/working in the Dallas/Fort Worth area. The program I am in right now, given that I receive a full-time offer at the end of the summer, would put me back in NY full-time. My firm has other operations in the DFW area (commercial banking, PB, etc.), but the program I am in would likely never place me there.

I have interests that span across the main areas of finance that these forums discuss (Consulting, HF, PE, IB, CorpFin, etc.), and I don't particularly know what I want to do once I graduate, as I'm still testing out many of these fields. So, I'm not sure how to best position myself for my future. While under most circumstances I would have no problem spending a few years in NY, I have a current life situation that has me wanting to be in Dallas as soon as I graduate. Any help, insight, personal experience, etc. would be helpful and greatly appreciated.

 
Best Response

There are a couple of options. First and foremost, do the SA and then use OCR to get back. I'm sure you could go from whatever shop you're at to either another BB or a super regional or regional bank. Look into who has offices in that area and also look into related lines of business e.g. commercial real estate lending, non-bank lenders/BDCs. I'd reach out to any and all alums in finance and have a good game plan for going into August. Try hard to get the offer it's important as leverage and to avoid being thought of as damaged goods.

Barring that, just go to nyc for a few years then either lateral back to DFW or if you're planning to do an MBA anyway do one and make the move then at what is already a natural pivot point.

 

Unfortunately, the OCR presence at my uni isn't anything worth paying attention to unless you want to work in retail or big 4/corp accounting. However, I have been developing a running list of employers who have offices in the area to have ready as soon as application season arrives. Any good way you recommend to find useful alumni? I am planning on doing all that I can to ensure that I receive a return offer at the conclusion of the summer. Thanks for the insight.

 

Voluptatem sed et repellendus error voluptatem aut repellat. Id facere incidunt et aut est. Deserunt tempora architecto eius et minus cum minima. Quia sapiente quia praesentium dicta facere. Deserunt ad porro nobis occaecati nulla numquam quia. In accusantium ipsam dolore quia modi.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”