Path to ER

Hi, 

I'm currently a rising junior wondering what the path to ER looks like. Currently have an investment management gig and don't know the ER timelines, or the interview type questions. 

Any insight would be greatly appreciated

As well as any gap cutoffs?

13 Comments
 

joshsnkrsb, sorry there are no responses yet. Maybe one of these topics can point you in the right direction:

More suggestions...

I hope those threads give you a bit more insight.

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

Usually, you get the internship to go full time, not always the case. I am a journalist with 1 year of experience and I get ER interviews all the time, although I think it might be over for summer recruiting for next year but I'm not sure, the process for ER generally isn't as far out as banking. 

Interview questions: Basic financial modeling, walk me through a DCF, etc.

Always going to have to do a stock pitch, build a model and be able to defend how you got your valuation and the drivers you used.

I assume you mean GPA cutoffs, some banks have 3.5 minimum (DA Davidson, Wolfe, Baird, William Blair) if you're a student I will assume it will come up, aim for a 3.5 and above (although my GPA was below 3 and I still got ER interviews at an EB and middle-market firms) 

 
Most Helpful

Hic expedita error nisi molestias ullam ad. Architecto dolores quia qui voluptates corporis velit commodi.

Vel repudiandae facilis ducimus vitae vel. Aperiam alias rerum in. Esse nobis quisquam veritatis et nesciunt vero.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • 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 97.8%
  • 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 (14) $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

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...”