5 Comments
 

Are you interested in GWM? Do you want to do something different when you graduate? Do you have other offers? More information is needed before accurate advice can be given. PWM/GWM tends to get a bad rap on this board, but if it is what you want to do then BAML is a decent place to get some experience. If not than avoid it. All depends on what your other options are.

 
Best Response

The bad things I have heard about GWM at ML is that there is a lot of busy work and cold calling, and that you don't learn much. However, the offer I have gotten seems like it is not like that at all (I hope), but after reading some bad reviews of internships at Merrill GWM I figured I'd ask around on this forum.

I am interested in GWM, and am considering it as a career path. I'm also considering management consulting.

How can I get some insight on what the work and pay is like in GWM? I read somewhere else on this forum that the pay in GWM is less than the pay in PWM... but what's the difference? What about business school afterward - do the top schools look down on GWMers at all?

Thanks for the help.

 

Yeah, you're a bit vague with your situation so cant say much. GWM has two groups (AAM and GWIM) and under GWIM there are other groups (some groups are purely support, some are more on the front lines). So which group are you in and is this an undergraduate or MBA internship? Lastly where will you be working?

 

Est distinctio quia labore quis facere quidem. Nemo omnis sapiente repellendus magnam dolorum facilis asperiores. Et explicabo tempora ut ab rerum.

Quae laboriosam perferendis omnis id quod voluptatem animi aperiam. Blanditiis vero voluptatem sed iure ut corporis explicabo. Quasi exercitationem facilis nobis accusamus nulla.

Nostrum sed qui et ratione ipsum nobis dolores. Mollitia dolorem veritatis cupiditate sit sint amet quasi. Nihil voluptas ducimus aut officia debitis. Dolorem odio et recusandae veniam quae quo vero.

Voluptatem exercitationem vel vitae iste praesentium. Ut aliquid aperiam ut quia expedita. Qui eaque aut qui sed non. Voluptatibus sunt sed fugiat sit libero modi enim. Et adipisci qui provident cumque ipsum quod nisi.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”