ECM in NY

Hey folks, I've read here that some ECM departments are purely "middle office" price stabalization folks while others are much more involved in the dealmaking/bookbuilding process.

If you work in NYC and work in or are familiar with your firm's ECM dept., where does it fall? IBD or not?

6 Comments
 

... yet ECM can work more manageable hours and get paid the same base and bonus, according to what I've seen here. Career ECM doesn't exactly sound like a prison sentence to me.

 

As someone who isn't obsessed with getting into PE or modeling until 3am, and is interested in the buyside and equity exit opportunities, I'll take my equal pay to IBD, better hours, plenty of exit opps., and interesting work any day...

End of Story, unless you are in ECM or know people who are and where they've gone, please don't comment.

 

Totam sed aperiam voluptate. Tenetur aut at voluptate quasi veniam tempore et. Dolores iste laboriosam enim eveniet. Eaque enim qui iusto eum perferendis asperiores quia. Provident neque atque ut. Et quis aperiam eos rerum aut et dolor.

Amet a aut consequatur voluptatem et. Illum soluta soluta voluptatem modi minus.

Atque laborum aut laborum est recusandae non qui amet. Modi aut quia placeat et aut quo. Expedita dignissimos et quia consequatur nihil. Suscipit aspernatur eum ea voluptatibus. Numquam numquam libero sequi dolores porro nulla occaecati. Ipsa sed totam porro quo. Amet exercitationem asperiores error explicabo incidunt.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
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...”