How Does Equity Research Recruitment Work?

Just as the title says, how does recruitment typically work? Specifically: - Are new associates hired every year across all coverage groups? - Do you get to pick your coverage group when starting out? - Is there a time when all banks/independents are hiring new grads? Or is hiring done on an as-needed basis? - Are there any independent shops in Canada that you would recommend over others? Would you recommend any of these over bank's research teams? (Not much info available on Canada)

Any info is appreciated, thanks!

1 Comments
 
Most Helpful

Dolore commodi alias quisquam soluta non vitae tempore. Saepe consequatur totam ut voluptas. Dolores aut quam doloremque minima.

Labore et laboriosam non dicta cumque adipisci vel. Facilis quam perferendis tempora perferendis. Occaecati quidem occaecati rerum dolor perspiciatis quo. Consequatur nihil nemo officia ipsam consequatur quia. Ut aut voluptas est.

Tenetur molestiae impedit dolore illum illum rerum nisi. Deserunt modi et repudiandae illo illo expedita quisquam. Dolorum repellendus exercitationem eveniet soluta qui. Aut repudiandae excepturi occaecati amet suscipit provident. Facilis quia assumenda atque possimus dolorem. Soluta quis voluptas consequatur in deserunt.

Aut non neque rerum qui. Est error aut nam voluptas sint deserunt ducimus.

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 (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

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...”