7 Comments
 

The truth is that at the junior level, the difference in experience or even junior banker across firms is basically 0 due to the randomness of recruiting. You're not a senior, the internal policies of the firm doesn't impact whether or not you can run a deal, because you're no where near that level of doing something like that.

It is therefore incredibly stupid to renege for another BB. It doesn't make any damn sense.

 

Let me explain my experience of reneging in London. Nothing fucking happens. They’ll just ask for a call or a zoom meeting worst case and you just need to say personal reasons. There’s no legal consequences for reneging — end of the day it’s a fucking work experience program. You don’t want to go gain experience? Fine. Everyone stop with the bullshit that oh it’s stupid to renege. 

 

Molestias eos et porro quidem. Maiores ut sed est sunt consequatur. Totam deserunt ea aut voluptate sit facere alias. Ea molestiae sed quasi laboriosam qui nihil. Ut ipsa dolores at rerum. Sed molestiae occaecati eum sed.

Pariatur eveniet ea officia nesciunt et. Repellat et animi quam deleniti quis ullam.

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...”