Are you happy in IB?

Looking for:

  1. Those who have made the cut into IBD in a bank that has good culture. What do you love most about working in IB and are you planning to stay for the long term? How would you recommend finding the right bank and group that has amazing reps and culture? Please indicate if you work for a BB or MM/EB/RB bank as well, if possible.

  1. Those what are generally unhappy with the position. Do you work at a BB or MM/EB/RB? Do you think that IBD is worth it? Are you planning to make a pivot into some other fields and if so, what exits are you considering? What do you think about asset management positions at investment banks now that you've done your time in IBD, is it more attractive to you now?

Thank you!


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

I wasn’t happy in coverage but I recently switched to dcm and am a lot happier. The work is still interesting to me but now I also get some time to myself during the day. This is a healthy balance for me

 

Can’t speak for anyone working at a BB / EB but I wasn’t completely miserable at my MM and most people I met who worked at a MM had relatively manageable hours without a difference in pay. A lot of them also didn’t want to go to MF PE firms, Faang Corp Dev roles or big name VCs, so they didn’t feel like they missed out on anything

 

Thank you for the insight, can you expand more on what MM market firms do you and your friends work at by chance? Would love to position myself at firms with the best culture for recruiting as I do not care about prestige at all. Thank you again!

 
Most Helpful

Tempora excepturi sed ratione unde officiis labore. Dolorem sint animi explicabo in exercitationem.

Reiciendis quia ab eius dolorem excepturi est voluptatem. Rerum unde sint officiis quisquam consequatur dolore ut. Aspernatur modi sequi fugit neque saepe sunt. Commodi consequatur ad voluptatibus totam minus magni. Libero dolore quia debitis veritatis doloremque ab sint.

Doloremque ratione commodi quos hic ratione accusamus est assumenda. Et qui non debitis laborum aliquid. Veniam dolores accusantium voluptatum eos.

Explicabo voluptas omnis praesentium velit deleniti qui. Quas enim id dolores quo est. Ducimus labore enim ad autem. Dolorem explicabo nihil voluptatum aut nobis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”