14 Comments
 

If you're interviewing for the FP&A side, you're going to be doing mostly FP&A if not all FP&A. I interviewed there some time ago, interview process was good and the people were chill. They tried to pitch the IB/FP&A blend but unless the position is clearly defined as investment banking,  you're mostly like going to be focused on the FP&A "Consulting." There aren't many banks in the area, Angle advisors (bad pay, good people), Cascade (better pay but still not good, good people), UHY (bad pay and also bad culture). I am not in that area anymore but there are a few more banks I can't name off the top of my head. 

 

There are a number of decent banks in the metro Detroit area. Most of these spots go to sophomores from Michigan or sophs/juniors from MSU, though there are always some people from other schools both in the Midwest and not. As far as I know, FINNEA does pay but not much. However, it is one of the few metro D banks that pay. I believe (as above) that Cascade pays decently but it might be the outlier (they work you like a slave though). Perhaps the most notable of the Detroit area banks is DPP, which does not pay. Lorient is also notable and doesn’t pay.

FINNEA is generally competitive to land and will ask some techs but they aren’t bad. Not sure about the modeling test but my buddy who couldn’t model too well got to their final round.

 
Most Helpful

Reprehenderit saepe facilis quia veniam architecto enim. Sunt est non dolorem enim blanditiis ea dicta. Ut voluptatem non nulla rem autem voluptas.

Voluptatem ut fugit itaque deleniti vel. Et rem modi est velit mollitia est. Eligendi expedita labore laudantium. Molestiae qui corporis aliquam odit molestiae. Corrupti illo rerum minima culpa.

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 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 12 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 (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 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
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”