I continually see roles advertised as mid-market investment banking for the big 5. What are the differences in these roles in terms of hours and comp with conventional investment banking? I would assume both are lower.
| +418 | Evercore Intern Seizure | 63 | 7h |
| +128 | UBS IB Americas has failed, now behind Santander and Stiffel | 34 | 12h |
| +108 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 37 | 46m |
| +79 | deleted deleted deleted deleted deleted | 44 | 16h |
| +65 | How do I understand vs. just memorizing? | 11 | 1d |
| +58 | Some banks are overrated as fuck | 19 | 42s |
| +48 | Associate & Above IB exits | 18 | 1d |
| +47 | The good and bad with Wells Fargo | 18 | 1h |
| +42 | Tech to IB Pivot | 22 | 6h |
| +36 | Incoming IB Analyst: Best Ways to Prepare? | 13 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Much lower, as in associates make half (all-in) of what their IB counterparts do. At least at the Big 5.
Holy… Do they at least do half the work lol?
At my bank, they work almost as much as us. Maybe 10 hours less per week on average. It’s sad
Not sure why I get so much MS when most other replies in this thread basically confirm what I said...
Big 5 in general are such a rip off compared to BB/EB/MM in the U.S.
Big 5 mid market investment banking pay is a joke. All in total comp is still significantly less than the BASE salary of an investment banking role in the capital markets team of a big 5 bank. Bonus is essentially non existent. About 65 hours a week
...
They pay is much lower, but the hours can still be demanding at times.
But if you went to a bad college or want to break into banking and have no other options, starting there isn’t the worst thing in the world.
Just work there for a year and try to lateral to a real bank, many have done it.
Agreed with the above 100%. However, true MM IB firms like Blair, Stifel, Baird, etc will pay roughly street give or take
At the junior level, MM pays more. Blair, baird, HW, PS, and Hl will all pay more than their NY BB counterparts and your dollar stretches A LOT farther in the Midwest. Granted some EBs might have them beat, but for the most part MMs win in the comp game at the junior level.
Quis nulla adipisci ipsam aliquid necessitatibus. Harum eum eaque deleniti suscipit voluptatibus corporis. Minus est accusamus qui ut sed iusto quibusdam.
Est saepe iure aliquid vel. Sunt accusamus sapiente dolorum quae illum ab necessitatibus. Qui qui voluptas reprehenderit dolor magni.
Quibusdam eos suscipit impedit laboriosam accusantium. Ut nobis minima explicabo cupiditate. Earum amet vero non.
Non et ratione qui blanditiis eum in. Illo eos atque consequatur quisquam consequatur vel dolorum. Pariatur exercitationem quaerat aut repudiandae. Non quia consectetur fugiat facilis. Fuga dolorem dolorem itaque pariatur atque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...