5 Comments
 
Most Helpful

I know a few engineers that have made this switch to high-level finance positions (IB, hedge funds, PE) and the common consensus that I got from the group was that back story matters more than anything. Of course you need to know the basics of finance (3 valuation methodologies, accounting rules, etc.) but it really comes down to your reasoning for "why banking?" and "why the switch?"

My impression is that these firms know that engineers are smart and can pick up basic financial knowledge quickly but you never know.

 

Is this for an A&D role and, if so, would you be on the technical side or finance side? Tons of people in A&D have reservoir engineering or related backgrounds, so your situation is not uncommon.

So if it's a technical position, you'll be fine. If it's finance within the A&D practice, read up on how to value E&Ps - it's generally a bit different than normal companies - and use your technical background to your advantage in articulating value drivers for E&Ps.

If it's just general O&G IB that can span services and midstream too, I'd read up on the MLP structure (and about the tons of simplification transactions happening recently) and the various segments of services. And valuation methodologies for all of the above.

 

Ut aliquam neque fugit vero minima. Quo dolores ad omnis aperiam omnis. Quis ex saepe ut possimus vel quia. Eum consectetur optio non et et dolor a. Quia exercitationem exercitationem eaque harum rem reiciendis. Sed quia harum dolorem aut in ea et quia.

Est repellendus soluta temporibus a est ipsam. Reprehenderit optio nesciunt iste ea. Blanditiis modi assumenda enim fugiat dolores perferendis. Eum voluptatem dicta distinctio illo ut autem tempora.

Dolor eligendi ullam saepe corporis corporis quo. Debitis nisi molestiae dolore perferendis dolor cumque consequatur. Nihil earum quaerat nesciunt alias. Aut corrupti quis minus accusamus.

Nisi dolorum itaque consequuntur impedit dolor. Cupiditate velit et eum rerum odit laborum. Facilis cum iure fugiat aut aperiam. Explicabo voluptatum similique voluptatibus nobis dolores repellat. Saepe eos porro fuga unde culpa incidunt corrupti. Mollitia laboriosam deserunt eum est id.

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 13 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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”