Australian EBs

Does anyone have any insights on Aus EBs - culture, hours, pay, exit opps?

Firms such as Grant Samuel, Flagstaff, Gresham, Luminis, Moelis.

Any insight is appreciated - cheers.

6 Comments
 

Wouldn’t recommend joining an independent advisory shop in Australia just because having a balance sheet is so important to winning deals in the region

 

Cheers for your replies guys. A lot of what I've heard agrees more with the relationship heavy nature of the industry in Aus. 

How would a balance sheet affect winning a M&A mandate? Obvs I can see how it affects any ECM/DCM related activity, but I'm not sure what the benfits to the client would be in a purely advisory situation. 

 

From what I've seen, Luminis appears to be almost solely a MM shop in Aus and quite different from Evercore in the US. Do you know how the Evercore partnership comes into effect there/what it does in practice? I've also heard it's a bit of a sweatshop. 

 

Voluptatum aliquam ullam aut rerum accusantium. Dolorem reprehenderit rerum quam aut. Occaecati accusamus ipsum excepturi id non atque nobis.

Ut officiis voluptas sed quis illo magni natus. Non omnis ullam fuga. Aut nisi rerum voluptas ut.

Temporibus tempore eveniet non deserunt ducimus impedit. Nihil et eligendi eum tempora necessitatibus vel nostrum sed. Aut placeat assumenda illum magnam.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”