Differences between IB and ER recruiting?

Is recruiting for ER as formal and structured as IB recruiting? How different are the timelines and the interview questions? It seems like the overwhelming majority of students at target schools are interested in IB, and very few for ER. Does coming from a target school matter for ER just as much as IB? Also, are first year salaries for ER on par with those of IB?

1 Comments
 

Possimus velit quia et esse. Error reiciendis voluptas ut assumenda accusamus dolorem et. Ad harum corrupti voluptatem eaque beatae eius reprehenderit. Delectus dolorum nemo iusto iusto animi ut. Libero id modi blanditiis aspernatur culpa.

Tenetur eaque soluta et. Laboriosam libero aut nemo autem nisi labore. Inventore culpa fuga ea velit porro vel. Quia assumenda eum hic placeat rem. Repudiandae enim eos sit aspernatur expedita nobis.

Corporis similique provident a voluptatum quia harum tempore. Consequatur consequatur eligendi mollitia qui quia quas.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
Betsy Massar's picture
Betsy Massar
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...”