Equities Experience in transition to IBD

So I am going to do my best to sum this up short, please bear with me.

My financial operations all begin when I was hired at a boutique market making firm in Southern California (specializes in HNW individuals and a few institutional clients), where I was the traditional intern (coffee, administrative tasks, clerical work). Since I was blessed with this opportunity, I never looked back or decided to complain and really put my nose to the grindstone (reflecting back it was the greatest decision I made at the time of an immature 17yr old). After the summer, I was rewarded with the option of seasonality which I took without thinking twice about. For the next 3 years my level of responsibility rose significantly where I was now responsible for new account documents, TA calls, client/broker specific relations, and felt a bit of significance.

Now, fast forward to today. I am at a non-target school in CA and am networking with possible BB and MM banks at a shot in IBD. At what percentage do these banks hire summer analysts and what percentage do ad-hoc style employees join the roles? Is IBD analyst pursuance best if you were once a summer analyst? Would you recommend since I have a small amount of financial operational experience to pursue investment management or wealth management?

I am having trouble narrowing down my options and pairing them with my strengths, any advice would be greatly appreciated. Thank you all for your time and consideration

1 Comments
 

Voluptatum accusamus corrupti quia veritatis. Odit velit ad est eligendi est. Id minus cupiditate omnis voluptate sunt.

Officiis esse ipsam ut recusandae commodi nam iste. Alias autem voluptatibus vitae sit ut et voluptatem dicta. Non porro qui temporibus numquam laudantium nobis officiis. Sed soluta perspiciatis optio eos ut aut voluptas.

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