@Andy Nguyen - Yes! The networking alone is worth living in NYC for, if you’re serious about finance. In my firm, I had access to traders, research analysts, risk managers, people in every other function you can think of, and obviously other investment bankers from a ton of different coverage (Energy, Industrials, Consumer, TMT,..) and product (M&A, Leveraged Finance, ECM, DCM,…) teams. And that was just the people in my building! The subway was definitely great to network with people in the (many) firms that are now based out of Midtown. I’d be lying if I said I don’t wish I could’ve stayed in NYC longer – but family comes before career, in my case.NYC was great. It was the best experience throughout my undergrad, MFE, Wall Street years. I did a lot of socializing, networking with coworkers, classmates and the subway makes it extremely convenient. Meeting someone is a breeze
It’s been said before and I’ll say it again: brush up on your networking skills – and never underestimate what a well-taken-care-of network can do for your career. You'd be surprised to see how many established professionals are willing to help out their younger peers. Even in my limited experience, networking has been key for my development. I can only imagine the impact it has on a 30+ year career.
@Ken Abbott - and what a career! Definitely one of the most seasoned professionals I've ever had the pleasure to meet.Well-said, @MLV. I left finance for education two years ago after a 35-year career on Wall Street. Only now do I realize how all-consuming it was. Would I give it up, though? No chance. I had a great experience living and working in NYC. My suburban/rural life is much better now, but being part of the whole NYC thing was great.