5 Comments
 
Most Helpful

I work at one. Most MM banks specialize in sell side M&A so the work is less technical on one hand (you probably won’t do many A&D analyses, merger models, etc) but on the other hand there’s a good chance you work on mostly or only M&A, you’ll get more responsibility early (there’s fewer hands to go around so people are more likely to just toss you into tasks earlier than they would at a bigger bank) and your MDs are more likely to know your name (I could walk into any of my senior bankers office and talk to them if I wanted to, while some of my friends at bigger banks have MDs they work with who don’t know their names)

Overall though it’s still investment banking and the work is the essentially the same. If you’re at a Baird / Blair / Harris Williams / Piper / etc you’re doing the same shit for the same hours for the same pay as people at bigger banks by and large just with smaller companies and you can get the same kind of exit opportunities just at smaller funds / less well known companies.

 

Okay so I have a real question as I have a "superday" next week with a MM bank where i networked extremely hard and got the backing of some MDs.

This MM is a sucessful one and is in my hometown and seems to have a great culture. Basically a near ideal scenario (short of GS being based in my city).

On the other had, I have a data science / analytics / consulting offer with a BB bank in a not amazing city (the team is being moved out of NYC, but I have my pick of some cities). So i would learn some VERY marketable skills (machine learning, big data methods, more programming than I already know), but worse city, worse pay, and not IB / FO. Any thoughts on this?

I am 99% on taking the MM offer if I get it for various reasons, but I don't know if that is too shortsided

 

Unde eum maiores sequi laborum rerum vel. Velit quam enim natus libero aut ad qui. Ut maxime quos voluptatem quo minima doloribus. Qui rerum tempora molestiae nihil ipsum officiis. Quas assumenda officiis voluptas facilis ratione officia. Consequatur porro reiciendis voluptate ex quia aut.

Dolor corporis velit ipsam qui sed. Voluptatem dolorem atque nostrum autem. Sunt tempora voluptatem aperiam culpa qui.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”