8 Comments
 

UBS is the worst BB on the street (no offense) and their SA-FT conversion rate is terrible.

Interview, get the offer, and renege. Sure, it's not ethical -- but neither is handing 20% of SAs FT offers.

 
Best Response
LehmanBrosOrBust

UBS is the worst BB on the street (no offense) and their SA-FT conversion rate is terrible.

Interview, get the offer, and renege. Sure, it's not ethical -- but neither is handing 20% of SAs FT offers.

Understand it is the worst BB. But thats what im wondering. Its the bottom of the top, correct? I originally thought that was still good but I guess no? And I was specifically told by HR that their conversion rate is 60%. I dont know where you guys on here get this info from. Are you positive?
 

I wouldn't renege. Since you already accepted their offer, you should honor your commitment and go through OCR for FT, if you want to switch BB's at that time.

Just my $.02

 

I wouldn't go to the interview. The industry is very small. The last thing you would want is for it to get back to UBS that you're interviewing at other firms when you already accepted their offer. Then, you could lose UBS's offer and the offer at the bank you're interviewing with, and burned bridges.

 
higamaster24

I wouldn't go to the interview. The industry is very small. The last thing you would want is for it to get back to UBS that you're interviewing at other firms when you already accepted their offer. Then, you could lose UBS's offer and the offer at the bank you're interviewing with, and burned bridges.

this is what i am worried about. Thanks
"An investment in knowledge pays the best interest." - Benjamin Franklin
 

I think it really depends on how good you think you are (and I mean an objective, no BS assessment of yourself). If you think you'll manage to get that offer at the top BB, and that's a big if, then the payoff might be worth it for you. There is limited upside and tons of downside to trying this, however. I would just go into the UBS SA stint with the mindset that this is not where you want to work FT, crank hard, and position yourself aggressively for accelerated FT recruiting at other banks in the fall.

 

Ad autem perferendis hic consectetur quibusdam. Quis a voluptatem repellendus voluptates et harum aperiam.

Aspernatur dicta vel quidem eos laboriosam. Consequatur aliquid dolor eos quae quia sed modi.

Amet quidem nostrum qui quia. Omnis sint debitis ipsum numquam esse voluptatem. Ea neque quis ullam voluptate quibusdam. Qui quos voluptatibus et sequi fuga. Suscipit eaque in harum praesentium dolorem expedita consequatur impedit. Mollitia nobis quo voluptatem.

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 (56) $261
  • 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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”