Equity Research SA 2020 Thread

Wanted to create a thread for ER recruiting. If you guys could send updates on apps and interviews that would help everyone. From what I know:

-Citi is done -Baird is almost done

I know there are also a couple of apps open: -MS -Lazard -CS

160 Comments
 

Yeah Citi is definitely done. I got dinged after the first round but I know they gave offers. CS has been open for a while though, no? I have no idea where they are in the cycle. I think UBS is also open.

 

For MS I don't think there is any assessment for ER. Also heard from an employee that they aren't gonna start looking at apps for another two weeks.

 

No. Was that posted on the careers website? Also, how was the event? Do you have any info about their recruiting process, timeline, etc.

 

Does anyone have an idea about Cowen, WB, Piper Jaffray Wells Fargo ER? I applied to Wells as their app was only open from July 12-15th but there was no option to select that I am interested in ER, it was just a common application for all of the CIB. Some of these are top 10 so I was curious if anyone had info about why they don't have ER apps (i.e. Cowen, WB and Piper)?

 

For those who have accepted ER 2020 offers could you drop a reply below with when you did and for what bank if you are comfortable considering no one knows your username. Also what school or if you are target/non-target would be helpful. Just so everyone gets an idea if those banks have started recruiting.

 

Are you able to access the assessment right now?

I'm trying to access it, but it says "The Career section you are trying to access is not available for the moment. The system may be under maintenance."

 

Both the verbal and numerical sections are graph/reading comprehension. The situational judgement test is also pretty straightforward. All in all, it wasn't anything worth stressing over.

 

I'm at a nontarget and didn't get that from Bernstein, but I applied two weeks ago

 

Damn. Must've missed the boat. Most of these guys have been keeping their portals open for months, so I thought I'd be safe waiting a couple weeks...

 
Most Helpful

Been recruiting myself and know at least a dozen others recruiting for ER too. For all who care, this is what I've heard: JPM & Goldman haven't done anything yet. BAML & Barclays have both already had multiple superdays, might have one or two more. Morgan Stanley, Evercore, Jefferies, Baird have mostly finished first rounds, but haven't done super days yet. Credit Suisse & Keybanc are currently doing first rounds. RBC, Citi, and Wells Fargo are done.

 

I think they may have done target stuff. I don't think they've done anything for non-targets (which seems to be most of the ppl in this thread, myself included). There was a dude from my school who was a JPM ER Summer analyst last year and his super day wasn't until mid-October, so it seems like they just have a pretty slow timeline.

 

A VP emailed me. I wanna say it was around 2-3 weeks after I applied online. They reached out and scheduled a call for relatively soon after that a few days probably.

 

Stock pitch, what's going on in the markets, why MS, why ER, basic behaviorals

 

I think MS, JPM, CS still have superdays coming up. I don’t know what’s happening with Barclays, Evercore is done. I think William Blair just started first rounds, RayJay is still recruiting too. These are the ones I know about. Feel free to correct me if any of these are wrong.

 

Yeah, that makes sense. Last week, my contact at JPM told me that they haven't had a superday for research yet.

I can confirm that Barclays is more or less done.

Did you hear back from CS yet (after doing the assessment)? One of my friends heard back from CS last week.

Thanks!

 

Any one have an idea of when offers would come out for MS 10/11 super day?

 

Hey! Does anyone know what the reputation of Stifel's Equity Research is like? I think they are still in the recruiting process and I wanted to get some outside opinions.

 

Voluptate iure aliquam deserunt officia et. Omnis cupiditate quo sint magnam porro. Cum architecto et esse incidunt est maiores nisi.

Beatae consequatur earum placeat sequi corrupti qui sint. Quibusdam omnis ipsam nihil nulla reprehenderit. Quos sed suscipit accusamus id dicta natus. Voluptatem ullam eos repellat. Tempora explicabo officiis ea distinctio.

 

Quisquam incidunt pariatur sapiente qui rerum dolorum. Nihil soluta quia ducimus ut suscipit id. Similique exercitationem amet neque dolorum sunt optio nemo.

Voluptatem hic aperiam est reiciendis exercitationem cupiditate. Mollitia dolores optio perferendis soluta repellendus praesentium et. Iusto non dolor consequatur perferendis. Sed enim accusamus nobis magni. Et voluptas odio id officia numquam.

Aut aut vero enim unde nisi quidem qui. Est quasi sed optio minus quia similique. Culpa voluptate voluptates fugiat sed dolorem rem laudantium. Asperiores rerum aut ea consequatur corporis. Rerum pariatur est beatae pariatur veritatis dolorem natus.

Maiores natus eum vero. Consequatur nihil commodi est in minima quo sequi recusandae. Iste suscipit autem eveniet maiores animi nihil omnis.

 

Alias enim consequatur est a culpa qui repudiandae fugiat. Eum ut quo nisi. Laborum laboriosam quo a ipsum. In voluptatibus sit porro culpa adipisci ea dolor.

Dolor id harum nulla maxime cumque. Voluptatibus doloremque tempora illum. Qui et eveniet sunt facere necessitatibus est alias. Nobis id qui provident impedit.

Eos sunt numquam qui ratione. Eum beatae et ratione aut ullam officiis iure. Deserunt illum voluptates veniam eum.

 

Nemo deleniti iste quia doloribus culpa porro. Ea modi tempora ut et. Deleniti beatae ipsa voluptatum sunt omnis iure.

Laborum molestias eum harum voluptates et repellat. Mollitia voluptatem est explicabo. Id eligendi fugit sint rerum sed ut a minima. Reprehenderit aliquid architecto voluptatem. Saepe maiores provident perferendis distinctio. Eos quas consectetur voluptatem est voluptas consequatur numquam.

Reiciendis aut quia quae ea et aperiam. Nihil est voluptate qui molestiae voluptatum culpa. Voluptatum vitae voluptatum similique non et. Et praesentium hic molestias provident ipsa a. Itaque ex accusamus fugiat error ut. Pariatur corporis sed eveniet nostrum quia voluptatibus. Alias ea saepe ipsam aut dignissimos eos.

Eum dolor veniam quasi dicta dolorem corrupti quasi. Ut quam qui voluptatem officia. Nihil maxime reprehenderit ea deserunt ea. Voluptatum commodi rem et.

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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
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...”