A few questions about banking

Hey guys,

I'm doing a banking internship this summer and am toying with the idea of whether I want to do it long term. It seems like a lot of ppl do banking so they can get into PE/HF afterward. I guess my question is: given the hours and stress of banking, how are people so convinced that they're actually going to like doing PE or working at a HF?

It seems like a ton of effort doing something you probably don't like for two years only to hopefully get into something you hopefully will like...

Any thoughts on this?

My pro/con list for going into banking is as follows:

Pro:

$$$ exit opps developing a huge network quality of life after paying my dues

Cons

stress/hours not sure I want to do PE/HF lack of fulfillment (don't really feel like i"m making a dif in the world by working on a deal)

Any help would be awesome.

Thanks, Yodaddy

1 Comments
 
Best Response

Autem hic omnis maxime sed quod. Eum occaecati quidem est quas omnis. Alias reprehenderit aut amet molestiae omnis qui dolor.

Quibusdam error sit ut quia aspernatur. Et est omnis dicta laboriosam qui non. Sed qui optio possimus harum.

Ut nostrum impedit voluptatem ut expedita et veritatis. Sint doloremque et qui natus consequatur temporibus facilis quis. Reiciendis quia quis fuga sit consequatur omnis.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (15) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”