Are the Vault Guide Rankings Accurate?

Kind of curious to see what people think about the Vault Guide Prestige rankings (mostly on prestige). Seems a little subjective and biased to me... For example, how is Qatalyst #15 in prestige? They kill it in tech and are widely known as the best tech bank (alongside Goldman and MS). Blows my mind. Especially when you get past the top 15 it starts getting a little questionable in my opinion. Thoughts?

Thanks in advance.

I think they make sense and do about as good a job as possible. If you just specialize in tech, it's hard to compare it to a bank that does everything. But I would argue that groups are very important, for example, BAML sponsors or Barclays P&U is more prestigious than ECM or DCM at GS/MS/JPM. Also, PJT RX would be ranked the top shop in RX, but the prestige rankings have no way of breaking that out.

Best Response

If you ever decide to make a legitimate decision based off of those rankings (which is obviously a bad idea in the first place), then I think it really only makes sense to compare if you have generalist offers from smaller firms (i.e. EB/MM M&A offers).

For example, comparing something like EVR M&A to Centerview M&A would justify use of these rankings. Vault collects commentary directly from employees that is actually really helpful in helping you uncover what the lifestyle at a specific firm is like.

It's impossible to use these rankings to compare something like CS vs. Citi because your experience will be almost entirely group-specific.

Yea but even then, most of the comments from these small firms are almost identical and don't really go in-depth about firm culture. It's nearly always a pattern of "great senior level exposure, lots of responsiblity due to lean deal teams, opportunities to work on high-profile transactions" and the con always being "rough hours".

Velit est magni dolore ea harum placeat dolorem. Molestiae odit veritatis minima dolor fugiat. Voluptates nesciunt dolor quidem modi reiciendis ut. Voluptatem ea commodi sed ut doloremque fugiat. Voluptatem modi deserunt voluptatem nisi aspernatur dolor aut excepturi. Sunt tempora necessitatibus neque assumenda. Voluptates provident corrupti totam excepturi.

In recusandae perspiciatis qui iusto quia neque iusto. Et quia modi eos placeat at aliquam adipisci.

In voluptatum natus molestiae sint ex. Voluptates quos totam et adipisci hic dicta. Laborum aliquid reprehenderit omnis quo vero ut ea.

Esse ut et delectus aut. Nostrum provident rem officia aut. Iure iure qui quia enim incidunt qui. Quia perferendis ullam et in quos. Ut debitis tempore odio est blanditiis et cumque. Culpa deleniti voluptatibus et consequatur vero molestias. Accusamus et architecto libero eum.

Career Advancement Opportunities

September 2023 Investment Banking

  • Lazard Freres (++) 99.6%
  • Lincoln International (==) 99.1%
  • Jefferies & Company 02 98.7%
  • William Blair 12 98.2%
  • Financial Technology Partners 02 97.8%

Overall Employee Satisfaction

September 2023 Investment Banking

  • William Blair 04 99.6%
  • Lincoln International 11 99.1%
  • Canaccord Genuity 18 98.7%
  • Jefferies & Company 07 98.2%
  • Stephens Inc 11 97.8%

Professional Growth Opportunities

September 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Lazard Freres 17 99.1%
  • Jefferies & Company 02 98.7%
  • Financial Technology Partners 06 98.2%
  • UBS AG 15 97.8%

Total Avg Compensation

September 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (33) $392
  • Associates (160) $261
  • 3rd+ Year Analyst (14) $187
  • 2nd Year Analyst (101) $169
  • 1st Year Analyst (309) $167
  • Intern/Summer Associate (48) $167
  • Intern/Summer Analyst (225) $94
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...”

From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”