11 Comments
 

Looks like they bought a LMM boutique last year to handle M&A: https://www.53.com/mkg/press-releases/press-release-2014-04-29.html Doesn't look like a huge group, but their head of M&A was an MD at JP for like 15 years so probably a solid guy to work for.

I would assume experience, pay, exit ops are similar to a no-name boutique, only "who are they?" will now be "had no idea they had a capital markets group." I don't know man, why don't you reach out to someone that works there. In the time it took you to make a second profile to bump your thread you could've found an analyst on linkedin, found his email and asked to setup a phone call.

 

I don't have any experience with 53, but it is generally difficult for a retail bank to escape the retail stigma. It's tough to go from being known for retail services to providing corporate advisory services. If you have other options, I would look at them, but if 53 is your only offer, obviously take it. You might enjoy it, and if not, lateraling after a year of working there will be doable.

 
Best Response

I used to be an intern in the IA division.

Although my experience wasnt the greatest, things i know about the program:

-There are 4 rotaitonal programs, Corp (you), IA, comercial banking, and IT... there is an iron curtain between the divisions. -you do not get to choose your "hub" city although none are really that bad, yes, even cincinnati. -difficulty/competition i would characterize as very light -hours are normal but this company is the definition of cube life -recognition --good as far as midwestern regionals go, but if you are looking to make the leap to IB its not the best bet

Comp = ~50k + 5

I inverviewed for the IA rotational program but wasnt extended an offer. They got the sense that I was only interested in a few of the roational areas and was dead set on them. This was for the best as I am now working at a job I love. If you are open to the idea of "rotating" go for it, you can always turn down an offer.

"Life all comes down to a few moments. This is one of them."
 

Broseph,

Can you speak to the CAP program at 5/3 at all? I have an offer there and they talk about how we can rotate through IB/Syndications/DCM etc.. so it sounds interesting but I also have offers at Corporate Banking @ some larger banks (better brand?). However, Corporate Banking is pretty different to Capital Markets groups/IB. Appreciate any advice you can offer.

 

Non sed aut ut quia repellendus. Voluptate sint aut numquam. Quod autem iste ea distinctio animi fugit.

Repellendus aspernatur est enim aut. Iusto rerum alias ut corrupti. Illo quis quis maxime voluptates velit.

Deserunt sit sint quo iste qui consectetur totam. Necessitatibus id quia consequatur voluptatum. Nostrum eius itaque ea enim cupiditate ipsum.

Magni repudiandae iure ullam vel harum. Placeat alias dicta maxime et saepe doloribus ipsum. Vitae accusantium fugit quo rerum. Suscipit molestiae quis repudiandae. Amet rerum eum perferendis sint expedita quis molestiae et. Unde quibusdam aut ea fugit adipisci. Fugiat illum necessitatibus voluptas nam aspernatur eligendi.

Career Advancement Opportunities

July 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

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
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...”