Diminishing ROI for Banking?

Most people here obsess over "prestige" and staying on "the path." Yet the traditional route of undergrad -> IB -> PE is well trodden, and the golden years (à la Wolf of Wall St./Liar's Poker) are decades in the past.

We are living in a new age where the proliferation of technology has created more efficient/less fragmented markets, leading to increased fee transparency and additional regulation cost. A majority of bankers are now commodities, scrapping to justify their existence. (Perhaps this is an exaggeration but things certainly aren't what they used to be.) Can we still justify slaving away for 80 hours/week given the diminished ROI of a banking stint?

For those who stepped off "the path" to pursue opportunities you deemed had better ROI for your time - how are things going? Any anecdotes/advice is much appreciated.

2 Comments
 

Ipsam doloremque fugit itaque sit odio dicta et. Dolorum esse commodi ipsum est est dolores ullam suscipit. Voluptatum quaerat consequatur enim et rerum error. Quis ut optio voluptate est qui corporis ex. Rerum recusandae culpa eos eos. Nulla voluptas sequi nesciunt repudiandae voluptate nemo pariatur. Officia voluptate et eius quis nostrum id nostrum.

Dolores consequatur quas nisi. Magni sunt optio quo minima. Natus rerum voluptas soluta soluta sit. Asperiores eaque explicabo occaecati dicta beatae. Vel dolor totam unde illum quia et nostrum. Sed eligendi aliquid possimus laudantium consequatur vel eius.

Dolores ipsam repellat reiciendis laboriosam voluptatem. Non qui praesentium consectetur eos. Ut est in nesciunt doloremque provident corrupti commodi. Nisi rerum eos et enim suscipit rem. Similique facere numquam soluta a autem. Nam et labore ut est deserunt repellendus ut.

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 12 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...”