3 Top Qualities Needed to Hustle your Way into IB

I am a senior undergrad and did my internship in Deal Advisory at a Big 4 firm. I know that it's going to be an uphill battle to try to get myself into IB so I thought I'd try to reach out to Alumni from my university (Europe/target school) on Linkedin and was able to schedule a phone call with a Managing Director at a BB in New York.

So during the call, I asked him if there was any way to "hustle" your way into IB. He suggested that one can't really achieve that with a BB (you are still going to go through the same process as everyone else) but that it would be more possible with a boutique firm. However, in order to do that...

...he stated that there are 3 qualities one has to focus on in order to hustle his way into IB:

1. Luck
He mentioned that one has to be really lucky to network himself into IB. He told me to think of investment banking as a numbers game: the more you go out there and expose yourself to people within the industry, the higher your chances of breaking into IB with the help of a connection.

2. Persistence
He stressed the importance of remaining persistent. You have to ask yourself: "Do I really want this?". You have to be aware that your chances of succeeding are pretty slim but that it shouldn't stop you from doing what it takes to break into your desired industry. Throw yourself out there. Create meaningful relationships. Connect with Alumni on Linkedin. Cold call people if you have to. Stay up-to-date with the daily news. Remain knowledgeable about the firms and industries that you are targetting. Always be prepared to be interviewed, meaning that not only should you be ready to take on behavioral interviews but also technical ones (the WSO Behavioral and Technical Interview Guides have helped me immensely). Which leads to his final point...

3. Creativity
Finally, he told me to move away from the standard "this is my cover letter, please hire me" approach. You got to differentiate yourself from the rest. You have to be really creative in the way you approach people within the industry.

What do you think he meant by the last point? How do I approach people "creatively"? Should I just aim to differentiate myself from others or should I catch their eyes with my approach to them?

 

I think he's getting at the fact that you need to build some sort of rapport with these people you are reaching out to. They don't need you, you are easily replaceable, and there are 1,000 other applicants waiting in line to take your spot. You have to create some sort of bond, i.e. we went to the same school, we know this person, etc, to make yourself worth their time

 

That is a great point. And what about when I am out there networking with people at professional/networking events? I want to differentiate myself from others but I don't really want to come out as a "trying too hard to impress" kind of person. In other words, how do I build some sort of rapport with these types of people without being too pushy with my approaches?

 
Most Helpful

Take this with a grain of salt from someone who broke into a boutique. If I were giving a list I would give the following:

1 - Value Add: IB at the boutique level isn't about charity, you will not get lucky. Focus on how can you make management's day to day easier so they can focus on winning clients and making money. Again, it is not about luck, but how you add value (If not in an IB function, in some support capacity). Time is in short supply at the boutique level, and successful bankers aren't interested in providing free educations. They are focused on running their business and any way you enhance how they operate is an arrow in your quiver.

2 - Amazing Attitude: You will be overworked and asked to do menial tasks to enhance office efficiency early on... All the while you will learn the business and prepare for the rare opportunity of getting a small scrap of IB work thrown your way. Put a smile on, work hard, and always ask for more responsibility.

3 - Charm: Boutique shops are run by small groups of closely knit directors. Generally, these directors are friends who have worked together in prior careers in other industries or BBs. You will need to be an enjoyable person to work with. No matter how valuable you are, if they don't like working with you or like who you are as a person... you won't last.

4 - Internal Drive (Focus on the long-term): You have got to truly want it because it is not an easy road to travel! You will be overworked, and severely underpaid... All for the opportunity of getting an education in an industry that will allow you to make money later on down the road.

Stay focused on the long-term and if you play your cards JUST right... when it comes time for the firm to get rained on with a big fat closing... someone might just hand you a bucket.

"A man can convince anyone he's somebody else, but never himself."
 

I'm a consultant with Deal Advisory at a Big 4 (Valuation to be precise), and I don't think I'm limiting myself. In fact, people who left my team have gone to MM and boutique IBs, as well as PEs. Maybe it's different in the US.

That said, I know a guy from my school who is doing PE (straight out of college). He told me "what you know is not as important as who you know". His GPA is shit, his finance/accounting knowledge is shit (he admitted himself), but he has like 2,000 connections on LinkedIn. He doesn't add people for the sake of adding, in fact, he knows each connection personally. Hence, I believe networking is the most important part of landing an IB/PE job.

 

Europe? Yeah generally big 4 CF to IB is very common in London and Europe

 

very interesting topic! in particular that thing about luck.... I think creativity is definitely also a thing as you need to be better than others and kind of uniqueness is a must have in order to achieve that... a lot of people always say "Well everyone who fights for their dream and doesn't give up will have success .... no matter if he/she has luck or not." I think also that luck IS an issue. but discipline is more important, thats my personal opinion. apart from that: interesting post, thank you for sharing :)!

 

Obvious troll, but this is mostly how it works.

  1. See OCR posting for BB or MF
  2. Ask senior friend what's up with that.
  3. Learn about IB/PE and receive a bunch of resources.
  4. Learn from those resources. (actual work)
  5. Ask other people for advice/help.
  6. They explain what not to do and how not to look like a chump.
  7. Take knowledge and study appropriately for interviews knowing you have 10 - 15 solid shots at it.
  8. Get 2 or 3 good offers and pick the one you like the most
 
ColdCaller:
I am a senior undergrad and did my internship in Deal Advisory at a Big 4 firm. I know that it's going to be an uphill battle to try to get myself into IB so I thought I'd try to reach out to Alumni from my university (Europe/target school) on Linkedin and was able to schedule a phone call with a Managing Director at a BB in New York.

So during the call, I asked him if there was any way to "hustle" your way into IB. He suggested that one can't really achieve that with a BB (you are still going to go through the same process as everyone else) but that it would be more possible with a boutique firm. However, in order to do that...

...he stated that there are 3 qualities one has to focus on in order to hustle his way into IB:

1. Luck He mentioned that one has to be really lucky to network himself into IB. He told me to think of investment banking as a numbers game: the more you go out there and expose yourself to people within the industry, the higher your chances of breaking into IB with the help of a connection.

2. Persistence He stressed the importance of remaining persistent. You have to ask yourself: "Do I really want this?". You have to be aware that your chances of succeeding are pretty slim but that it shouldn't stop you from doing what it takes to break into your desired industry. Throw yourself out there. Create meaningful relationships. Connect with Alumni on Linkedin. Cold call people if you have to. Stay up-to-date with the daily news. Remain knowledgeable about the firms and industries that you are targetting. Always be prepared to be interviewed, meaning that not only should you be ready to take on behavioral interviews but also technical ones (the WSO Behavioral and Technical Interview Guides have helped me immensely). Which leads to his final point...

3. Creativity Finally, he told me to move away from the standard "this is my cover letter, please hire me" approach. You got to differentiate yourself from the rest. You have to be really creative in the way you approach people within the industry.

What do you think he meant by the last point? How do I approach people "creatively"? Should I just aim to differentiate myself from others or should I catch their eyes with my approach to them?

Really like the Creativity part. There are just boatloads of resumes that come thru that they all look the same. Always thought that when I was going through the process " man if i get into IB im going to be so receptive to these kids and help them out. It hasn't worked that way. so many applicants come our way that theres only time to select the ones with the best trackrecord, or one standout experience, reference, or interaction that gets them noticed.

That being said, being too agressive on linkedin, mass sending some generic shit to an entire firm's analyst pool is a pretty good way to get zero responses. It wild sitting in the bullpen hearing all the ignorant things these undergrads try. Important to be chill about it. Its so competitive, that the only way is to be direct and legit about your technicals, resume, and pitch.

Don't break yourself on the way to making yourself
 

"wondering if it would be faster to go work in a boutique..."

Faster than what? Not working in IB at all?

Take the best IB job you can get. Then reassess if you're better suited getting an MBA or trying to lateral to a bigger/better shop.

 

Hey Skolvikes, I'm here to break the silence...any of these links help you?:

  • Which investment banks would be the best aim for Asia Pacific? before my MBA. My goal is to get into PE in my 30s, and IB is the start that I want. DB and Citi is kinda ... famous in my country, but I' d prefer UBS, JPM, or Goldman. Which would help the most in the long ... networks, and chance to go up. I will graduate from a U.S. undergrad school but might work in Asia first ...
  • Texas A&M Investment Banking, Which Path? I have been looking at a job in IB for a couple of years and know it won't be easy to break in from ... gives you a bachelors in accounting and a master in any of the business majors. Would it be beneficial ... I am currently a senior in high school and will be attending Texas A&M university next year. ...
  • The Unconventional path to IB/PE (AMA) university and not one of my relatives could provide insight (the closest to finance would be an uncle who is ... recommend X, Y and Z but the client would never execute it without having a financial or strategic reason to ... B-school. The experience was great. Got to build models from scratch, read CIMS, see how investment
  • Off The Beaten Path: Commercial Banking to Private Equity (The Non-Traditional Route) 18-month training program, which upon completion, would result in a promotion to the position of account ... there's a good chance that your on-the-job skills aren't going to be enough to get you the job you ... to have met you and vouch for you. Honestly, this can often be the hard
  • Theoretical: What would be your dream career choice assuming it paid the same as IB? Theoretical: What would be your dream career choice assuming it paid the same as Investment ... Banking? to Saturday, June 10, 2017- 4:55pm ...
  • I-Banking Brainteasers Qs those. 1. How many quarters would it take to make a stack from the floor of this room to the ceiling? ... can you determine which switch controls which light bulb? 4. Four investment bankers need to cross ... 60 miles at an average speed of 30 mph. How fast would the car have to travel
  • How hard would it be to lateral into Investment Banking for FT would it be to lateral full-time to investment banking within the same bank? And what about lateralling ... to IB at another firm? ... If you are at a relatively large bank doing corporate banking for a summer internship, how hard ...
  • More suggestions...

Or maybe the following WSO members have something to say: nate11111 JimboUSC Ahsan-Khan

If those topics were completely useless, don't blame me, blame my programmers...

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

This sounds like a great idea. Both undergrad and graduate schools are top 25. Just not Ivy or other typical target schools. My GPA's decent, so I might have a good shot. I'll definitely look into these positions.

Thanks!

 

Read something like M&I / WSO that will give you a broad understanding of the different positions available in the finance world. Figure out how everything works together, and more importantly what sounds most interesting to you. Once you've figured out where you want to wind up, start networking your ass off - learn from other people's experiences and get yourself on the radar of decision makers. Linkedin and school alumni are the best, don't be bashful. Don't let your background hold you back. If letters and arts kids can excel in investment banking then surely someone with your background can too once you become comfortable with all the soft skills.

 

I would think that an MBA may be crucial, as that is where most banks are hiring from these days. So bulk up on WE -- consulting as you mentioned would be great, but there are lots of other options.

And the best path to IB is basically to do the exact opposite of what I did/do.

Signed, a JD/MBA

"They are all former investment bankers that were laid off in the economic collapse that Nancy Pelosi caused. They have no marketable skills, but by God they work hard."
 
CountryUnderdog:
I would think that an MBA may be crucial, as that is where most banks are hiring from these days. So bulk up on WE -- consulting as you mentioned would be great, but there are lots of other options.

And the best path to IB is basically to do the exact opposite of what I did/do.

Signed, a JD/MBA

I plan on getting an MBA when the time is right. That probably won't be for another 3-5 years down the road though. I just want to make sure that I have the financial background/skills when I do decide to do that. And without a degree in finance, I'm not positive how best to acquire those skills.

Financial consulting sounds good, but I'm not sure if the work I'd be doing would be applicable in banking.

The JD didn't work out?

 

get an MBA

the industry is in turmoil right now, it will be extra hard to get hired as there are less jobs and lots of fired financial professionals floating around

given your credentials, you will have a much better chance if you re-invent yourself with an MBA

 

just a point of clarification, you were offered a job as a recruiter at MM IB? That would be considered HR right? If that's the case,anything is possible and you could probably network somehow, but I don't think it's too likely. If I'm misunderstanding your position, then sorry. Disregard this.

Remember, once you're inside you're on your own. Oh, you mean I can't count on you? No. Good!
 
snakeplissken:
just a point of clarification, you were offered a job as a recruiter at MM IB? That would be considered HR right? If that's the case,anything is possible and you could probably network somehow, but I don't think it's too likely. If I'm misunderstanding your position, then sorry. Disregard this.

I'm sorry if I phrased that wrong. What I meant, is my friend has the job in HR. Just wanted to understand if I could use this to my advantage in anyway.

OE
 

I would take it for now and keep exploring. Burning bridges is never good in finance but if you are ever going to do it I would think reneging for an internship would be least harmful.

 

Take the offer. Assuming you end up at the fund this summer, make sure to speak with the guys doing the investing/research. They probably have friends across banks on the street (if not IB, then at least AM). Or, maybe you'll find that you like working at a mutual fund, in which case try to move across to the investing side of the fund, rather than treasury.

 
Gerry_Garner:
Thanks for the advice guys. I guess then my next question is how do I explain going from an IB internship in the spring to a treasury in the summer come FT recruiting? How do I spin that without making it seem like i just didn't get any SA offers or do I just say that outright.

Since when do you have a spring internship at an i-bank?

Also, you might want to get moving on building a network. You're in the kind of situation where you need the opportunity to explain yourself to someone, because you won't get picked up out of a resume drop.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 
Gerry_Garner:
Thanks for the advice guys. I guess then my next question is how do I explain going from an IB internship in the spring to a treasury in the summer come FT recruiting? How do I spin that without making it seem like i just didn't get any SA offers or do I just say that outright.

For some reason when I look at your name, my mind automatically goes to this...

 
Gerry_Garner:
Hi I was wondering if I could get some help with my situation. I want to get into investment banking full time. I got on the bandwagon late, winter break of my junior year, and didn't position myself well for summer recruiting, 3.3 gpa and no internships. Since then I've been going balls to the wall networking with alum and cold calling. I received a couple boutique sa interviews but no offers. Feedback was I interviewed well but lack of experience and gpa killed me. I was able to land a part time unpaid internship during the semester at a boutique and I'm working there now. Summer is up in the air and will probably be unpaid. I can't really afford to work unpaid this summer, and my app is only out a couple other places. I recently received a treasury role at a mutual fund through a family connection. I need to make a decision by the weekend. As I don't have any offers and it is unsure whether or not I will get an offer in banking, I'm considering taking it but I am scared that ill get crushed in ft recruiting for lack of FO Sa stint. Should I take it and if a better offer comes up reneg?

If you are in fact a Dartmouth bro, PM me and I will help you.

 

Just to clarify, I don't go to Dartmouth. I'm working part-time at a boutique right now, I guess I wasn't clear enough in my follow up post. And yea, he's the main character in Heavyweights.

I've definitely been working on building my network, alumni network and cold calling/emailing, but I'm kind of worried about how I am going to explain my story when it seems like I'm progressing backwards.

Thanks

 

as of now, I would like to stay in banking for the long haul. i'm not trying to get into banking just to use it is a launchpad for something else, and I'm fully aware that there aren't as many exit opps for associates. by the way, would this be an effective pitch in an interview down the road? would it show that I'm more committed?

 

Those experiences would help, but networking is the key. Think of it like this: Reach out to other people in IB with a similar background to start having the understanding that anyone can turn the conversation into a phone screen (make sure you are reading up on interview guides).

Authored by: Certified Corporate Development Professional - Director
 

I lost my dad at your age. Focus on work, be a pure opportunist, leverage ALL of your family's connections, and don't even think about a relationship at this point in life. It took me a while to figure this stuff out, and it about sums up what you need to do for the next 5 or so years.

  1. Focus on work: you're on your own now. This will affect facets of your life you never realized. Money will help solve a lot of these problems. Now you will see the world of the kid who grew up without a dad, and it's pretty hard. Do not let people take advantage of that void.....especially a boss. Look for a mentor(s). Get help. And accept it.

  2. Be a PURE opportunist: do not get fixated on any one job or company. Take full advantage of whatever you can as long as it serves viable long term goals. Does IB get you there? Great. The military? Ok. Herding goats, selling boats, or opening a business? Very well then. Jump on it. Kill it. You are a pure mercenary now and no one is coming to help you.....just don't create too much bad karma.

  3. Leverage family contacts NOW: these people knew your father and a few will stick by you over time. Most others though, they'll start to 'forget' who you are so you need to figure out who to cash out on and who to invest in. This sounds opportunistic, but only to people who HAVE a dad that's going to introduce them to people, so fuck them. Their opinion doesn't matter.

  4. No relationships: just don't waste the time. You have shit to do. If you find someone worthwhile....and it's a stretch for your age group.....then great. More likely, a relationship will just be a hindrance: they'll be pissed off at you for being so serious and needing support, and they'll likely just add to your misery. You're going to change very radically in a short period of time relative to your peers.....and they can not relate so don't waste your time treating them like equals.

This should go unstated but here goes: seek help. Professional help. Losing a parent is a huge deal and you may think you're ok but you are most definitely not. Don't let this silent stressor fester: deal with it immediately. Consider it a gift to yourself.....do something nice for yourself. Anyone who tells you otherwise, feel free to toss them off a bridge....I don't care how you deal with them, just shut them down, block them out, and take care of yourself. Trust me on this.

As far as education, you could look at a masters in finance. They'll give you a crack at more recruiting and help elevate your grad school profile. Don't get too hung up on IBD, the industry is shrinking for the next few years and there are LOTS of other very good jobs out there. Consulting, ER, F500.....do not ignore these other very good opportunities. Example: F500 corporate finance -> MBA -> IBD is very common. Your stats are good, now do some research and you'll find your opportunity. If you're only two years out of college, there's plenty you can do to position yourself for IBD.

Get busy living
 

welcome - no you didnt completely screw yourself but it will take a massive amount of networking and hustle to ever make it to a reputable PE / HF shop given you are a non-traditional candidate.

What about PE / HF interests you? That is a pretty big umbrella...better to do more research and try to narrow down your search so you can come across as knowledgeable of how those industries work. If HF, event driven? macro? relative value?

If PE, gowth equity or LBOs?

 

thanks. to be completely honest with you, I just love the game. The intellect and kowledge you use to make investment decisions will either be better than the competition or worse. Because it's a zero sum game. I've always loved math, number crunching and the idea of using the tools at your disposal to turn a sum of money into a larger sum of money.

I will admit I do need to continue to learn more about the industry and study. There is so much out there. Would I be better looking into some modeling courses or maybe valuation techniques?

One last thing is that macro is probably one of my favorite areas. Thanks for the response

 

Welcome! First of all, congrats on going back to college! In terms of a financial modeling course, are you planning on taking a physical course or a self-study? If you are devoting the time and money to an in-person course, I would recommend Adkins Matchett & Toy (recently had experience with them and the materials and instruction were impressive). If you want a self-study the choose from WSP or BIWS. If you use the search bar there have been discussions as to the merits of both programs. I personally have done the WSP program and can attest to the good quality of its contents and the usefulness of having the printed material on-hand for reference. Best of luck and enjoy the WSO experience!

 

Thanks for the welcome!

Unfortunately, finances don't allow me to partake in an in-person course. Also, I'll be out of the country for a large part of this summer, therefore, self-study presents itself as the feasible option. I appreciate your insight, WSP and BIWS are the frontrunners, and with your advice, they've taken a greater lead.

To be honest, I know financial modeling is helpful training to possess, but am uneducated as to what it really concerns. I have taken an introductory financial accounting class, and have grasped the concepts very well. Is this all that is necessary to grasp the concepts in the training?

 

seems like a typical question people come on here to ask..anyone care to explain why I'd have monkey shit thrown at me for this post?

I wish i could shove my dick so far up your dick that it creates a gaping vagina, because that's who you are. Just tell them that you're a ginormous douche-canoe with a gaping vagina. They'll understand.
 

Can you please suggest a better alternative? I am set on breaking into IB

I wish i could shove my dick so far up your dick that it creates a gaping vagina, because that's who you are. Just tell them that you're a ginormous douche-canoe with a gaping vagina. They'll understand.
 
ChimpBanker:

People here are very hostile. I think your plan's fine.

Says the guy who's going to pay $5,000 for his boutique IB job.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 

I kinda feel you OP maybe because i'm in the same position as you, but you're much more qualified than I am. Maybe if you can get in touch with your University,you could try asking if they have any internships available that can enrich your resume.Why not drop your resume and cold call a few places.

 

My main concern is with the network and brand LSE has to offer. I've read plenty of posts on here about people thinking of re-branding but haven't read any from someone who has actually pulled it off. (Throwaway2011 you started off at a target to begin with)

Sure, the 9 month experience in London will cost 65k; It is a lot of money to spend on a brand and network. However those who go to target schools spend at least 3 times that much on total tuition costs alone.

Don't mean to piss off any target guys here; not implying LSE masters is comparable to you're undergrad. What I am saying is that if the LSE brand and network can yield at least one third the premium placed on target undergrads, then it seems like a relatively reasonable investment. (Keep in mind I sunk less than 5k on my entire undergrad)

Thanks for your advice guys, I will look for alumni on linkedin and get their insights too.

I wish i could shove my dick so far up your dick that it creates a gaping vagina, because that's who you are. Just tell them that you're a ginormous douche-canoe with a gaping vagina. They'll understand.
 

And this may sound pessimistic, but I'm pretty sure my GPA will fall out of what's needed for IB this year due to the difficulty of my upcoming classes plus all the associated tasks involved with networking, looking for jobs, flying around interviewing, meeting people, etc.

What if it falls to 3.2 or somewhere around there? How likely would it be for an offer to be rescinded if it fell this low?

 

It's extremely unlikely you will land an internship or full time IB position. Anyone who says differently is bullshitting you. In your situation, I'd leverage the internship experience you have and parlay that into a role somewhere else, and I'd focus on boosting my GPA during my final year. The odds are, any effort (which will be significant) that you spend on IB will be wasted and you'll miss out on what's right in front of you.

"I am that I am"
 

Thanks for the feedback.

My resume isn't too bad otherwise outside of the lack of a junior year IB internship. That's why I feel delaying graduation would be the best strategy so I can put myself in the SA pool and compete against others who have no IB experience (some may have sophomore year experience, but most won't). But you are right in that I'd have no chance at an internship otherwise as a traditional senior, so that's why I came up with this idea.

As for the FT gig at a small shop, I have a spreadsheet of hundreds of firms I'm considering, so I'm going to attempt to network, cold call, or cold email my way in there. All it takes is one, so that's what I'm hoping.

I am willing to take a non-IB job during my time off, but IB is the goal. So the goal of course is to do what I can to make myself eligible to secure an internship and go from there.

 

Did you do anything meaningful in the summer after your jr year?

Extend your graduation one semester. Look for a fall internship at a bank and recruit for a SA gig. I know people that have done this successfully. Good luck

 

Laudantium accusamus enim quia aut occaecati. A deserunt adipisci eos aut. Eius distinctio sapiente et officiis maxime nulla impedit. Ea dolorum voluptatem et aut fugiat. Officia quis ut nihil aliquam sunt velit. Dolor labore molestiae possimus numquam placeat eligendi architecto.

 

Fugit aut occaecati excepturi ducimus. Animi voluptatem aperiam ea quibusdam eligendi distinctio. Commodi consectetur rem nemo ad delectus. Quisquam qui repellat at aut. Minima voluptatem iusto sint debitis aut tempore.

Sunt autem eum iusto ducimus. Culpa in dolor sit cupiditate voluptatem blanditiis. Est rerum aut molestiae magnam blanditiis et aliquam. Sequi quam est quia nobis fuga debitis. Quibusdam doloremque nostrum cum perspiciatis dicta quis. Pariatur non voluptas autem ad consequatur.

Quod voluptates pariatur atque praesentium perspiciatis aut. Sed vel officiis porro explicabo sequi provident earum a.

Temporibus quod vitae molestias sint eum minus. Beatae tenetur illum id iure. Asperiores molestias voluptatibus vel magnam. Non quidem et et et iure. Suscipit necessitatibus asperiores praesentium magnam. Fugit est doloremque ipsum eveniet. Harum nulla nihil qui commodi.

 

Eum vitae placeat quibusdam error. Molestias corrupti ipsam quos sed enim esse tempora omnis. Et perferendis aspernatur velit repellat. Nemo sint sint sequi illum. Et error magnam inventore quidem sunt soluta expedita.

Autem est consectetur aut maiores optio aspernatur accusantium commodi. Distinctio voluptas quam similique vitae accusantium tempore. Veniam consequatur recusandae autem illum sed consequuntur. Delectus culpa cum placeat et. Nisi reiciendis temporibus doloribus est cum eius fugiat mollitia. Impedit maxime non nostrum nihil veniam esse nihil.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”