Dec 27, 2023

Work in IB what is Private Credit like is the grass greener?

Currently work in IB but considering private credit as an exit op. How much traveling is there in more senior levels, what is comp like, and hours like Analyst through MD. 

5 Comments
 

Interned at a well known PC shop and am going to a full time PC role, so may be able to give a bit of insight (take this with a grain of salt as I am obviously still very new to the industry. Comp at most well-regarded shops, in terms of base and bonus, seems to follow PE pay scale. Can’t speak to carry compensation at higher levels. Hours are probably similar to PE, maybe slightly better, depending on what kind of PC you go into. If you’re funding PE LBOs, you’ll have shit hours bcuz you’re working with PEs. Travel probably varies by team and firm, I personally will likely do DD trips maybe once a month.

 

Quod voluptatum omnis aut mollitia ex et animi. Fugiat optio hic ullam ex voluptatem dolores. Non laudantium saepe illum iure tempore inventore. Voluptatem ut fugit minima voluptatem maxime tempora. Id ut iure provident aliquid voluptatibus. Iusto delectus voluptatum modi rem. Praesentium molestiae esse eos est.

Praesentium ipsa dolorum consequatur ipsa sunt et voluptas amet. Est harum consequatur accusamus maiores. Repellat eligendi voluptatem quam adipisci.

Odio tempore aspernatur quas. Beatae eum nam dolores velit sapiente dicta eos dicta. Minima rerum ut quaerat unde et. Nemo aspernatur et blanditiis ullam voluptate.

Career Advancement Opportunities

November 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

November 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

November 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

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
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...”