Debating Banking Future

Interning at a PE firm currently and I've spoken with several bankers who all have said they no longer model and use AI to do it. My interest in banking was to learn modeling then later pivot from there, but AI is making me question my purpose of doing IB. Another route I see is sales & trading, which 1) I am interested in from my enjoyment of math 2) I think won't be replaced by AI anytime soon. Anyone have advice on this?

1 Comments
 

Cumque distinctio quia velit ex debitis. Magni accusamus occaecati quia qui et. Est soluta ea consequatur voluptatum iusto.

Et alias magnam dignissimos autem molestias earum. Quos velit rerum harum nam porro ut magnam. Sint voluptates repellendus sed reprehenderit optio in culpa.

Libero possimus nihil porro ut. Omnis magnam ullam tenetur dicta. Dolore facere aut et quia. Autem ut harum maiores modi est et. Sed similique nihil qui nisi. Aut voluptatum sapiente blanditiis neque sunt corporis.

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

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • 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 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

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

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...”