BAML CHICAGO - Pitch shop?

thanks in advance. I am interested in Chicago banks and hear some say that BAML chicago is a pitch shop. There isn't much execution and most work is financing as opposed to m&a. I've heard phenomenal things about the culture but am kind of dissuaded by the pitch shop aspect. Can someone confirm?

8 Comments
 

From what I hear they are a solid industrials coverage group with quite a few MDs based out there. Good amount of m&a

 

Exits are not going to be close to NYC’s office. It’s a good industrials group with decent execution. Heard from past junior bankers the culture was pretty rough for a while but the people causing it have since left (not sure if it was voluntary or they were pushed out). All in all a decent regional office to consider but not one I would pass on NYC for

“If you ain’t first, you’re last!” - GOAT
 

Ut dolor sapiente itaque neque ut ipsum. Ratione quis voluptatem non nostrum perferendis incidunt ad deserunt. Cumque minus natus eveniet ratione recusandae sed molestiae ea. Nulla quia voluptatem quibusdam molestiae et. Sed omnis molestiae repellendus non.

“If you ain’t first, you’re last!” - GOAT

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
numi's picture
numi
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...”