MM firms: what do they pay summer IBD analysts?
Small-ish ones like BMO Nesbitt, Tommy Weisel, Robertson Stephens.
Trending Content
| +166 | How to stop feeling like shit for not making it in IB? | 62 | 1m | |
| +121 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 6h | |
| +85 | Updated LA Banking Scene (2024) | 61 | 3h | |
| +40 | Ranking banks that went under | 24 | 3h | |
| +38 | Burnt Out M&A ASO | 20 | 3h | |
| +36 | Relevance of A-Levels for U.K. London recruiting | 25 | 1h | |
| +33 | A strategy for SA applicants late to the game like myself | 17 | 2s | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
| +27 | Intern Ettiquette | 4 | 1d | |
| +26 | How to overcome Sexual Attraction to PJT? | 8 | 2h |
Career Resources
bump
bump
the reason i ask is bc i'm not sure if i should even bother....if they don't pay enough for me to survive, i sure as hell am not takin out loans or rackin up credit card debt
If you want to get into banking, you would be a moron not to take a summer internship because of pay.
same base salary as full time first years
we used to pay a modest end of summer bonus, but moved away from it in the downturn. now we substitute with enhanced signing bonuses for summers who accept early.
I believe small banks are probably on market - why chintz on the $500 you'd save by paying a summer less? It costs more to have an analyst car me a PIB than it does to pay a summer. Why mess up a potentially good hire for that?
Small banks have incentive to be extra competitive to land a summer - it's relatively easy for a summer to use his experience to trade up, and they know it.
okay, thanks genghis.
no problem, how's the search coming?
well, i think i have a good chance at interviewing at one of the above firms but the banker told me to get in touch with him in the spring. i guess that means late March, i dont know.
i'm at a target school so that's a lot later than most wall st firm interviews.
keep your head up - remember, you only have to get lucky once
Omnis est aut distinctio est laboriosam iusto. Dolorem velit et doloremque omnis ipsa ratione. Fuga exercitationem quidem dolores ea nobis iusto. Nam et similique laudantium in eos labore laborum sed. Et molestias neque alias quo et sed autem quod.
Dolorem omnis sit cumque quasi aut illo. Autem et a aut rerum temporibus occaecati et. Minima totam et magni nostrum. Aliquid ut fugiat tempora. Hic laudantium suscipit consequatur cupiditate hic. Blanditiis eos delectus ea voluptatem quod et quae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...