Biotech ER: BB vs. Evercore / Leerink / Jefferies?

Which would you choose if you had similar offers (e.g., comp, title) for a biotech ER role at BB vs. a place like Evercore / Leerink / Jefferies? I know the latter places are solid and well known in the biotech ER world. The analysts I would be working for at both BB and Evercore / Leerink / Jefferies are equally poorly II-ranked (so truly comparing apples to apples). Would possibly be considering pivoting to the buy side after 2-3 years of SS ER.

4 Comments
 

I'd like to think just given the interest around biotech, that even the "poorly ranked" Analysts in Biotech are still pulling in great money? 

If you're interested in a buyside move though, I'd think Evercore ISI would be your best bet. Just assuming that even if you're not under a top II ranked analyst, that since Evercore ISI is in the top 5 for total II ranked analysts, that you'd get more looks from the buyside by just being at Evercore generally. 

 

Think evercore or leerink if all else equal and you wanna go to a biotech specific fund.

If you wanna do L/S equity maybe it’s marginally better to go to a BB but obviously evercore gets great name recognition. I’d say if it’s not the ranked analysts at Jefferies then I’d stay away.

Also above all of this - I’d pick whatever niche you’re interested in assuming all else equal (e.g. oncology, neuro, Biopharma, etc.)

 

Sit est repellat maxime eius aut. Dolor id doloremque possimus ex culpa placeat. Quis quasi odit optio aut cum maxime voluptas.

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 (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • 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
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”