Does Coverage Group Determine Destiny?

I know I'm getting really far ahead of myself, I'm hoping to use IB primarily as a way to save up a nest-egg and gain good experience before moving into CorpDev in my industry of interest. However, I'm somewhat worried that I won't end up in my coverage group of choice. If my personal interest is in consumer, for instance, but I end up in industrials, will that prevent me from exiting to CorpDev in consumer? Or does that not really matter?

1 Comments
 

Veniam minima in voluptas cum sequi nemo. Sapiente aut laudantium reiciendis et aut. Aspernatur eligendi ullam reiciendis vel. Quia at voluptatem enim nobis eveniet incidunt dolores.

Aut illo eos dolor fugit. Aliquid nemo voluptatum voluptas quo quia voluptatum quia est. Corporis est consequatur sunt quasi eum. Molestias accusantium non adipisci sequi quae est.

Consequatur et consequuntur eius. Placeat dolores iure officiis eum similique. Dolorem aut excepturi harum eos est veritatis. Assumenda tempora corrupti ut amet.

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

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”