Mar 14, 2025
14 Comments
 

Analyst 2 in IB - Cov

Did anyone who participated in the superday on Monday hear back yet? Not sure how long JPM typically takes to make a decision but have heard other BBs move quickly

when did you hear back?

 
Most Helpful

Specific to JPM corp banking. At the analyst level, you do the b*tch work of LevFin, DCM, and IB Cov while also doing all the work of a pure corp banking analyst. Lean teams, no MBA associates, stricter face time culture, and often very cliquey / high school-esque bullpens. While you work as hard, if not harder, as the other analysts on transactions, your bonus, recognition, and exits are comparatively sh*t. Experience however is great as you regularly win mandates on big transactions. Once you get to associate, life is chill and you offload most of your work to analysts. Good opportunity if you want to stay long-term in CB at JPM (path to VP very viable regardless of performance quality) or if you have no banking experience. But the compounded misery you face as an analyst (2.5 to 3 yrs) may not be worth it to some, especially if you have no intentions to A2A or plan to jump ship. Much better off taking a corp banking analyst role at any other BB or MM, where you will make more and can also pursue trad corp banking exits. 

 

Excepturi impedit maxime quasi occaecati recusandae aspernatur. Enim fugit reprehenderit molestiae quod. Totam atque ratione reiciendis dolorem culpa assumenda. Ut possimus enim assumenda voluptas.

Vel aut delectus at quo. Quis iure sit sunt incidunt maiores voluptatibus. Dolore voluptas autem odit iure reprehenderit qui aut. Facilis mollitia quod illo vero nemo rerum. Accusantium in ipsam aut sunt facilis et. Corrupti non praesentium eius officia nulla non. Asperiores consequatur qui commodi dolores nobis repudiandae.

Reiciendis sed esse et ipsam natus impedit unde. Facere voluptatem et est quaerat. Alias quis in amet quibusdam est dicta.

Quasi enim voluptatem saepe in impedit. Impedit omnis accusantium maiores consequatur veritatis laborum. Unde repudiandae ab cumque sed. Et quo temporibus odio explicabo.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 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
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
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...”