IB Rankings if you actually know the industry (college sophomores please ignore).

Exclusively about your IB M&A / RX experience, industry prestige, and compensation. Not exits.

1. Qatalyst
2. Goldman Sachs
3. Centerview
4. Evercore
5. PJT
6. Dyal & Co
7. Morgan Stanley
8. JP Morgan
9. Moelis
10. Lazard
11. PWP
12. Tidal Partners
13. Allen & Co
14. LionTree
15. Guggenheim
16. M Klein & Co
17. Ducera
18. AEC Advisors
19. Ardea Partners
20. Bank of America
21. Citi
22. Barclays
23. Rothschild
24. Houlihan Lokey
25. Jefferies
26. Raymond James
27. DC Advisory
28. Harris Williams
29. Wells Fargo
30. EFIG

28 Comments
 

Based on the most helpful WSO content, your ranking aligns with a mix of industry prestige, M&A/RX experience, and compensation. However, there are some nuances worth noting:

  1. Qatalyst: Known for its dominance in tech M&A, Qatalyst is highly specialized and commands respect in its niche.
  2. Goldman Sachs: A Tier 1 bulge bracket with unmatched prestige and deal flow across industries.
  3. Centerview: Renowned for its elite compensation and strategic advisory focus.
  4. Evercore: A top-tier independent advisory firm with strong M&A and RX capabilities.
  5. PJT Partners: Particularly strong in RX (PJT RSSG) and growing in M&A.
  6. Dyal & Co: A niche player with a focus on GP stakes and strategic advisory.
  7. Morgan Stanley: Another Tier 1 bulge bracket with strong M&A deal flow.
  8. JP Morgan: Tier 1b bulge bracket, slightly behind GS/MS in prestige but still a powerhouse.
  9. Moelis: A top boutique with strong M&A and RX presence.
  10. Lazard: A Tier 1 boutique with a storied history and strong global presence.
  11. PWP (Perella Weinberg Partners): A solid boutique with growing prestige.
  12. Tidal Partners: A newer boutique making waves in strategic advisory.
  13. Allen & Co: Known for its exclusivity and focus on media/tech deals.
  14. LionTree: Strong in media and telecom advisory.
  15. Guggenheim: A rising boutique with strong compensation and deal flow.
  16. M Klein & Co: A boutique with a focus on strategic advisory.
  17. Ducera: Known for its RX expertise.
  18. AEC Advisors: A niche player in advisory services.
  19. Ardea Partners: A boutique with a focus on strategic advisory.
  20. Bank of America: A Tier 2a bulge bracket with solid deal flow.
  21. Citi: Another Tier 2a bulge bracket with strong global reach.
  22. Barclays: Tier 2b bulge bracket with pockets of strength.
  23. Rothschild: Strong in Europe, with a growing presence in the U.S.
  24. Houlihan Lokey: Dominant in middle-market M&A and RX.
  25. Jefferies: A strong middle-market player with growing prestige.
  26. Raymond James: Focused on middle-market deals.
  27. DC Advisory: A solid middle-market advisory firm.
  28. Harris Williams: Known for its middle-market M&A focus.
  29. Wells Fargo: A Tier 3 bulge bracket with limited prestige.
  30. EFIG: Likely a smaller or niche player.

This ranking reflects a blend of prestige, M&A/RX expertise, and compensation, excluding exit opportunities.

Sources: Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige, EB Ranking/Comparison, EB Ranking/Comparison

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Why not much higher comp small team boutique feel if you are interested in tech advisory I think it still makes perfect sense.

 

“College sophomores please ignore”

*proceeds to drop a tier list created by a collection of college sophomore posts on wso*

 

Blanditiis excepturi et id nihil voluptas voluptatem. Aut nemo sed officia tenetur ut. Hic corporis placeat animi quis ea omnis et. Dolor neque magni fuga aut eum magnam eveniet enim.

Perspiciatis quo sit voluptate quidem quas dolores. Perferendis voluptatem deleniti velit voluptatum quasi et ex minima. Repellat praesentium animi exercitationem enim quod ratione magni. Nulla sint iste et. Nam dolores laboriosam reprehenderit numquam cupiditate sint.

Corporis qui quis eos eos dolore autem est. Qui incidunt impedit nemo sed magnam qui dignissimos. Quis et ut vel rerum dignissimos doloribus ex. Et cum explicabo omnis iste. Et porro eligendi qui voluptate unde.

Exercitationem eos rerum atque reiciendis rem necessitatibus. Itaque et tempora aut omnis sequi iusto amet. Non at repellat perferendis et soluta ut explicabo.

 

Ea deleniti est necessitatibus qui omnis ex pariatur. Perspiciatis dolores suscipit ipsam et et sapiente error. Et dolores molestiae rerum aliquam repellat est facere. Blanditiis consectetur expedita molestiae minima.

Recusandae autem asperiores officia necessitatibus consequatur. Autem dicta tempore voluptas necessitatibus. Vel enim eos est rerum. Aspernatur vero aut amet deserunt est ipsam nihil nobis. Et qui soluta eum sit. Labore qui ea facere recusandae. Aut nulla veritatis quam non.

Saepe soluta ut quia deleniti. Eaque aliquid delectus nam rerum aut at et. Ducimus ut delectus voluptates et veniam qui modi. Consequuntur distinctio nemo molestiae incidunt.

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 (77) $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
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”