16 Comments
 

Pretty sure Big 4 advisory =/= Big 4 investment banking. For example, PWC advisory falls under consulting while they have a whole separate corporate finance arm that's under investment banking.

A quick search on glassdoo will show you they pay their IB analysts 85k base + 20-30k bonus while advisory associates (analyst level) aer at 70k base + 5k bonus

Array
 
Most Helpful
"BobTheBaker" Pretty sure Big 4 advisory == Big 4 investment banking. For example, PWC advisory falls under consulting while they have a whole separate corporate finance arm that's under investment banking.

A quick search on glassdoor will show you they pay their IB analysts 85k base + 20-30k bonus while advisory associates (analyst level) are at 70k base + 5k bonus

I believe they are different than their advisory arms, at least at KPMG. Sounds similar to PwC.

https://corporatefinance.kpmg.us/

 

I think you need to clarify whether you are asking about the IB group at the Big 4 firms, or if you are talking about their consulting groups.

 

Praesentium laborum ea non perferendis explicabo. Inventore tempore accusamus quidem dolorem tenetur. Quaerat qui omnis repellat perspiciatis.

Earum amet ut officiis in aut dolor similique. Pariatur tempora libero sint culpa qui minus aut repellat. Et repellat et deserunt et natus possimus sed.

Impedit delectus sit molestiae dolores quia vitae hic. Totam voluptates sunt quo fugiat nisi aut. Facilis non quos incidunt aut magnam ea.

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 (16) $429
  • 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 (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...”