Best Response

The writing test is a way for them to get an idea of your writing style (grammar, etc.) and to see if you stay current with the market. I went through the process in October (got offered and accepted the job), shortly after the market dropped 7% during a week in late September. My prompt was essentially "what do you think caused that to happen." I wrote a standard essay - 1 intro paragraph, 3 content paragraphs, 1 conclusion. Equity Research requires a substantial amount of writing the higher up the ranks you get, so they need to know you can articulate your thoughts well.

 

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Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

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  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
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Professional Growth Opportunities

April 2024 Investment Banking

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  • Jefferies & Company 02 98.8%
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Total Avg Compensation

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  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

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