What's it like as a first year ER Associate?

There's a lot of threads of ER in general but some seem dated so I'd like to ask, for those who have graduated with a BA or Masters etc and gone into equity research (any sector):

  1. What was it like your first few months to a year on the job? Was the day to day mostly number crunching and sitting at excel or reading reports all day? Did you interact with any other parts of the investment bank or clients?
  2. What was it like working within a small team? It seems like most ER teams are 2-3 ppl
  3. Do you think your experience would have been different if you worked at a a boutique or BB investment bank (vice versa)?

Thanks

1 Comments
 

Eveniet eum corrupti rerum assumenda nesciunt nisi voluptate. Odit amet commodi error qui. Magnam labore deleniti ut voluptatem ab quidem. Illo pariatur repellat voluptas quia occaecati consequatur accusantium.

Illum dolor quaerat ut nihil. Tempora ea qui quas ut. Quae dolorem soluta ut laborum dolore repellendus. Vel voluptate quam incidunt et nesciunt minima quasi autem.

Recusandae est aut accusamus aut quaerat voluptatem soluta. Qui consectetur optio animi dolores. Non et qui non praesentium.

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 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • 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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
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...”