Equity Research: Compensation and Competition

I went to a NESCAC liberal arts school, and majored in economics and molecular biology(3.9 and 3.5 GPA). I now work at a top consulting firm and have focused specifically in the healthcare/biotech/pharma sector.

I've seen job postings for healthcare equity research positions and was wondering what people might know about these positions/ and how you qualify for them. I know there is a sort of imaginary wall between research and IBD but is there possibility of movement between the two? I'm somewhat new to the industry so I appreciate any explanation. Whats better- strategy consulting or equity research to move into ibanking/PE/Hedgefund pre and post mba?

Thanks again for the help.

1 Comments
 

Ea qui voluptas tenetur sapiente. Itaque nemo velit nihil. Eius quod quod minima earum labore.

Fugit temporibus ipsa soluta commodi perferendis aut blanditiis in. Est ea sequi nemo ipsam aspernatur voluptate sequi non. Exercitationem sapiente laudantium voluptas ex.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • 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 98.9%
  • 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

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...”