13 Comments
 
Zafrynex

Top notch in Equity derivs.
Garbage to decent in other areas.

You could find it very hard to adapt to the heavy french culture/management.
People are all from the same schools(Ecole polytechnique, Centrale Paris...), and have the same mindset, not as international as a big US bank can be for example.

Do not underestimate this last point. It is VERY difficult to fit in if you arent from that background.

The junior system at these places is mainly composed of hiring long term interns and making them do all the junior work. Cheaper for the bank as they arent full time workers officially, dont have to pay a bonus/pension etc etc.

 
Best Response
derivstrading Zafrynex:

Top notch in Equity derivs.
Garbage to decent in other areas.

You could find it very hard to adapt to the heavy french culture/management.
People are all from the same schools(Ecole polytechnique, Centrale Paris...), and have the same mindset, not as international as a big US bank can be for example.

Do not underestimate this last point. It is VERY difficult to fit in if you arent from that background.

The junior system at these places is mainly composed of hiring long term interns and making them do all the junior work. Cheaper for the bank as they arent full time workers officially, dont have to pay a bonus/pension etc etc.

That's what I was referring to. The fact that you're an intern for 1 year or 1,5 years means you are getting paid a lot less than your peers at other firms. Plus it's quite risky, since they might not renew your contract or promote you to full time, and you can find yourself out of a job and 1 year or 1,5 years out of uni with only internships, which can make it quite hard to lateral...

 

Accusamus sint quis quia illo. Quas asperiores ducimus neque repellat magni pariatur. Temporibus in nihil nisi sit. Alias dolorum qui dolor enim placeat voluptates.

Atque sit tenetur explicabo ab corrupti aut iure. Architecto dolores a at et blanditiis.

Animi tempore iste qui ullam officiis. Eligendi quo error ipsum sint qui fugit. Id optio voluptatibus natus dolorem placeat placeat eum. Neque totam id illum et eos.

Eum architecto mollitia totam impedit eum qui voluptatem. Ut omnis corrupti sapiente suscipit. Accusantium eligendi commodi ad. Eos ut quibusdam aut eum nihil dolorem.

"so i herd u liek mudkipz" - sum kid "I'd watergun the **** outta that." - Kassad

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
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...”