Cowen Group

  www.cowen.com
  www.cowen.com

Cowen Group Reviews

Updated August 21, 2014
Updated August 21, 2014
22 Reviews
3.6
22 Reviews
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Cowen Group Chairman and CEO Peter A. Cohen
Peter A. Cohen
10 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Very strong Analysts and much improved platform

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director
    Former Employee - Director

    I worked at Cowen Group full-time (more than 3 years)

    Pros

    Top notch analysts and much improved platform. Smart sales people and great working culture. DOR has strong vision. CEO is enthusiastic and on the front lines.

    Cons

    Pay was not on par with similar sized shops in Sales and Trading because of a need to return profit to shareholders. Management at risk of trying to make a mid tier, high quality firm into a jack of all trades mini bulge.

    Advice to ManagementAdvice

    Keep building the culture of being exceptional. build on strengths, pay people better to build a stronger culture.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Great People at Cowen

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst in New York, NY
    Former Employee - Summer Analyst in New York, NY

    I worked at Cowen Group as an intern (less than an year)

    Pros

    Good training
    Relaxed environment for a bank overall
    Senior management involves themselves in daily operations with employees of all levels
    People are generous with their time

    Cons

    Experience depends on the team you work with
    Doesn't seem to have a particularly strong name brand, many other bankers aren't familiar with Cowen

    Advice to ManagementAdvice

    Keep doing what you're doing

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Better than most investment banks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Analyst in New York, NY
    Former Employee - Investment Banking Analyst in New York, NY

    I worked at Cowen Group full-time (more than an year)

    Pros

    Comp, hours, signing, relo, food

    Cons

    Generally a thankless job, absurd requests at ungodly hours

    Advice to ManagementAdvice

    More 360 reviews, various reprehensible management styles

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Portfolio Management in New York, NY
    Former Employee - Portfolio Management in New York, NY

    I worked at Cowen Group as an intern (more than an year)

    Pros

    Lots of exposure and opportunities to learn, excellent team, and entrepreneurial spirit.

    Cons

    Salary was significantly lower than the street

    Advice to ManagementAdvice

    Pay the underlings well and your firm will continue to grow.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Summer Internship in Equity Sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Equity Sales in Boston, MA
    Former Employee - Equity Sales in Boston, MA

    I worked at Cowen Group as an intern (less than an year)

    Pros

    Great work/life balance, easy access to upper management in the Boston office.

    Cons

    Very bureaucratic process in order to get anything done, need to have a little more flexibility

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    COmpany struggling in a tough industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Equity Research Analyst
    Former Employee - Equity Research Analyst

    I worked at Cowen Group full-time (more than 5 years)

    Pros

    Sales and the firm generally values research (the organization I was in). Some great long-time employees who are an inspiration and help keep the place going.

    Cons

    A firm that is quasi dysfunctional in an industry that is very difficult. For example, they are employing "bulge bracket" techniques such as blasting client with outbound calls when they should be more focused. There is lots of turnover and lots of hiring of "fallen stars" from bigger firms, that many times don't work out.

    Advice to ManagementAdvice

    Find your identity and exploit it to your advantage.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    md

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cowen Group

    Pros

    money was good, paid market rate

    Cons

    people at high levels were political

    Advice to ManagementAdvice

    know your people better

  9.  

    Cowen: great people, capricious, haphazard management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales in New York, NY
    Former Employee - Sales in New York, NY

    I worked at Cowen Group full-time (more than an year)

    Pros

    Great, smart people, pleasant work environment

    Cons

    management does not stick with strategies, gives too much free rein to i-banking, which is COO's pet division

    Advice to ManagementAdvice

    i-banking was favored over sales and trading even though i-banking was floundering at the time, while sales and trading were doing better

    Recommends
    Neutral Outlook
    Disapproves of CEO
  10.  

    Great boutique investment bank with great research

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY

    I have been working at Cowen Group full-time (more than an year)

    Pros

    Competent colleagues, great camaraderie and learning experience

    Cons

    Not much at all. If it ain't broke...

    Advice to ManagementAdvice

    Keep up the great work

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    A mess of a place run by people for whom that game has passed by

    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Cowen Group full-time

    Pros

    Laid back environment for trading floor,

    Cons

    No direction or leadership. Approach to equity sales/trading is antiquated

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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