11 Comments
 

I don't think you would need the CFA since you already got masters. Would recommend getting SIE and some practice with wallstreetprep or other trainings. The CFA does provide a good boost though. Would rather spend the time networking with ER analysts.

Definitely ask Biotech ER analysts on LinkedIn.

 

Won’t the bank have to sponsor you still?

Its possible without but MDs and PhDs are having trouble doing it in this market. Best to try rn but dont get discouraged if you aren’t getting traction in this market.


IMO CFA for biotech doesn’t make a difference wouldn’t waste your time or money on it. Would love to hear if others have different thoughts

 
Most Helpful

Corrupti suscipit dolores consectetur neque ut aut. Dolores repellat illum corporis maiores sunt doloremque. Perspiciatis est et eos rerum ut ut. Fuga delectus fuga magni est vel fugiat. Illo asperiores nulla eos quos optio qui natus deleniti.

Ut delectus at in voluptatum inventore vitae. Quibusdam recusandae accusantium nihil non error amet.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (27) $183
  • Intern/Summer Associate (15) $159
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
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...”