PJT Partners
Visit Website: pjtpartners.com
Overview
Introduction
A prestigious independent investment banking firm, PJT Partners offers its interns a lot of responsibility and the opportunity to work on high-profile live deals alongside senior bankers. Full-time junior bankers get a lot of responsibility on deals, work closely with seniors bankers, and participate in client calls. Recently, the firm significantly increased its philanthropy and CSR efforts, and started giving diversity scholarships.
Company Stats
Employer Type
Public
Size
501-1,000 Employees
Featured Rankings
Vault Banking 25
Major Departments
Strategic Advisory
Major Office Locations
Boston, MA
Firsthand Findings
A very prestigious independent investment banking firm, PJT Partners is looking for smart, motivated, personable, interesting, well-rounded candidates who work well with others and are willing to learn. For students, the firm runs a valuable internship program. Interns have access to great training, mentorship opportunities, and senior bankers’ open-door policy. Meanwhile, full-time junior bankers receive a lot of responsibility early on, working on live deals (deal flow is strong) alongside senior bankers. In addition, PJT Partners has a strong culture of mentoring and apprenticeship, and even senior leadership and partners are involved in the training and mentoring of junior bankers.
While hours can be long and unpredictable given the firm’s strong deal flow, P...
About the Company
PJT Partners is a global advisory-focused investment bank headquartered in New York, with additional offices in Boston, Chicago, Houston, Los Angeles, San Francisco, London, Madrid, Frankfurt, and Hong Kong. The firm was created in October 2015 after Blackstone’s advisory businesses merged with PJT Capital LP, a financial advisory firm founded by Paul J. Taubman in 2013, and simultaneously spun off to become an independent public company. The new company began trading on the New York Stock Exchange under the symbol “PJT” on October 1, 2015.
PJT Partners operates through the following business units: strategic advisory, including PJT Camberview, restructuring and special situations, and PJT Park Hill.
PJT’s strategic advisory business is led by an experienced team of bankers that deliver solutions to com...
2022 Vault Rankings
Employee Reviews
- “The firm, even pre-Covid, has done a nice job of valuing work/life balance. The superficial considerations such as face time or hours in the office aren’t seen as badges of honor. Instead, the firm values the quality of your work and your contributions. As such, you’re able to find ways to have balance and incorporate what’s important to you outside of the office into your daily routine.”
- “PJT has made a concerted effort (particularly during Covid) to ensure a proper quality of life for its employees. As an example, PJT was one of the only boutique firms to be flexible around return-to-office issues, ensuring employees felt safe and comfortable coming back into our offices and not making a broad mandate to come back. They offered free testing and also continued to encourage to work virtually a few days each week, recognizing employees at all levels prefer a more flexible/hybrid work structure.”
- “Busy time ebbs and flows as one would expect. There are certainly late nights and can be non-stop weeks, but senior team and staffers are very conscious of burnout and take action to provide junior team with opportunities to rest after sprints and fire drills. Weekends are usually quiet (Saturdays usually stay protected), which can be a saving grace during a stretch of busy weeks. Said differently, sprints are intense but often short-lived with ample times of recovery.”
- “The shareholder advisory division works very hard to make sure we get work/life balance. They care about it a lot, but sometimes the work is unavoidable. People could do a better job of communicating deadlines, but generally people are pretty understanding.”
Getting Hired Here
- “Incredibly streamlined process. Ideally, looking for well-rounded, personable, interesting candidates.”
- “Ideal candidate is extremely smart, highly motivated, very friendly, and respectful.”
- “Whether it’s a yes or no, you’ll receive notification of your status in the process. The firm is looking for someone who is motivated, willing to learn, enthusiastic about the work, and has a personality that works well with others.”
- “The firm is all about attitude, believing that any ‘technicals’ can be taught and willing to take a bet on a non-technical candidate with willingness to learn and dive deep.”
Perks & Benefits
