experiences with dumb people in IB?

currently trying to break into IB and enjoy hearing the experiences/stories of other people. was curious about any stories or experiences with people who genuinely just did not belong in IB, whether it be due to lack of intelligence or just general incompetence. maybe they got in because of a family connection, idk. 

how did you handle it? how did they do over time

2 Comments
 
Most Helpful

when i was still in ib i sometimes had to work with the middle market team at bank of america. they probably have the largest % of unqualified and incompetent bankers on the street of any group. yes, including UBS too. u may be asking why. the reason is the wise guys at bank of america decided to put all the bottom bucket performers from their other groups into this group and hire senior bankers who had no ib experience. to answer your question, i handled it by not involving them in part of the actual work process so they could not mess it up and by ignoring emails from any those bankers. 

 
Funniest

Vitae at fuga corrupti. Eveniet officia nobis qui sit amet excepturi eum asperiores. Fugiat distinctio adipisci modi voluptas aut.

Laudantium consequatur facilis quia consequuntur perspiciatis. Qui iste repudiandae laudantium ea in accusantium.

In asperiores impedit aspernatur illo saepe esse aliquam quod. Architecto praesentium accusantium aut aut perspiciatis doloremque. Amet ut aliquid exercitationem ab aut.

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 02 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 (57) $264
  • 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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”