Generalist IB Programs? Pros Cons?

I'm looking for generalist platforms and want to know what the bests ones are on the street.

I feel that I like analyzing businesses, rather than specific industries. Would fin sponsors be a good proxy for a "generalist program" or are there pure generalist programs where one day I might pitch an industrials deal, but be staffed on a live consumer healthcare deal? 

Does this exist and what are the pros / cons for this model as a junior?

13 Comments
 

In a generalist M&A program. Pros: you learn a little about a lot. Cons: you learn a little about a lot.

If your goal is to learn about many different industries and business models at a high level, I think a generalist program would be great for you. However, if you want to actually become an expert on each business model or industry you encounter, I think this would be very challenging to do as a generalist unless you do multiple deals in the same space.

 

Moelis LA and NY are the best on the street for a generalist program

 

Omnis dolores beatae pariatur adipisci non. Officia rem laudantium similique tempore. Qui nesciunt sint facere sint exercitationem praesentium eos.

Omnis quo sit magni sint minus delectus quo omnis. Quaerat facere sed dignissimos ducimus. Asperiores voluptatem officiis possimus vitae autem. Velit culpa doloremque blanditiis. Fugiat eum veritatis eum sed quasi dolor dolore. Eum voluptatum consequatur delectus eius velit deleniti dolores.

Career Advancement Opportunities

June 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

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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

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...”