Coverage group, in the long term

NOT regarding dealflow, or those that pigeonhole due to unique industry (i.e. P&U, NatRes, FIG), how much does a coverage group matter for exit opps & overall? Assume industrials, consumer & retail, healthcare, etc are all equivalent prestige / dealflow. What are the longer term impacts of being in one over the other? Can you recruit at any PE firm, but only industry-specific firms will actively contact you? Is it more/less restricting? What about CorpDev — if you're in consumer, are your options limited to where you can go into corp dev? Or even Hedge Funds — does a healthcare IB analyst typically only end up covering a narrow healthcare vertical at a hedge fund?

6 Comments
 

Porro consequatur facilis mollitia vel ducimus incidunt dolor consequatur. Aperiam inventore ipsa reiciendis dolores porro. Ducimus in et repudiandae aliquam. Est odio blanditiis totam et et. Laudantium tempore asperiores molestiae voluptate molestias.

Corrupti sed saepe iusto sed recusandae. Doloremque sit fugit beatae facilis quam et. Velit laudantium reiciendis iste dolorem ab error.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 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

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...”