7 Comments
 
Most Helpful

Former CVP analyst who went MF. It’s not for lack of traction and more function of self selection. I had no issue getting looks when I recruited so would not dissuade you from recruiting there based on exits. 

Megafunds have lost appeal at a broad scale in recent years: returns have compressed, career track is broken, carry is a pipe dream, lifestyle is just as bad (or worse) than banking, etc. which leaves max 2-3 reasons to go to a MF: (1) cash compensation, (2) prestige, (3) hedge fund exits. 

CVP comp is higher than megafunds at equivalent YoE and most analysts start to see improvement in WLB by year 3, with a step change in both WLB and comp at Associate level. This leaves prestige and HF exits as being the primary drivers to select megafunds over high performing (U)MMs if you have a genuine interest in PE. There definitely are analysts who value those but substantially fewer than at other banks. 

In recent years, as PE has lost its luster, there have been multiple analysts who’ve reneged on PE offers to stay and go A2A.

 

Alias id eligendi id autem sed voluptates hic. Deserunt reprehenderit velit dolore. Fuga voluptate qui quo inventore.

Nemo molestiae vel debitis consectetur. Expedita aperiam aspernatur aut hic et. Quidem animi sit architecto ut aut doloremque.

Career Advancement Opportunities

November 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

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 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

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
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...”