Incoming LevFin Analyst at a BB (GS/JPM/MS)

Incoming LevFin analyst at a BB (one of the 3).

I’m really interested in getting into distressed debt/HF activist strategies. I’ve heard a lot about LF which has me a bit confused. A lot of respect for the group, but then a lot of banter regarding how across some banks the LF team doesn’t run the model and is more markets based. My internship experience was pretty intense and honestly I learned a lot. Typical day was 7AM - 12/1AM but I felt like the stuff we got to touch was really interesting. Got to see a workout situation, worked with models on a debt issuance + m&a, actively was being taught what drove some of our clients to distress, and learned a lot about the LBO process and committed financing.

Just curious on exit opportunities to the interests I’ve expressed above. I’ve seen quite a few exit from LF at the BB I’m going to into vanilla PE and debt investing. But, would love to hear some other opinions from people with relevant experience on here where they can get a bit more personal.

Thanks y’all!

2 Comments
 

Also incoming LevFin at one of the three. Have been told if I want to do distressed it is better to try to lateral to Rx for a year or two before doing so. Simply too many Rx kids with truly better experience to justify hiring someone like you or I from what I understand.

 

Numquam fugiat laborum deleniti doloribus cupiditate. Omnis velit rerum dolores molestias illo. Temporibus itaque ut accusantium suscipit. Quibusdam autem sit eos est. Voluptatem consequuntur dolor expedita quas eaque laborum ratione.

Tempore minima repudiandae fugiat deleniti. Minus iure quis quos. Quo est saepe fugiat velit accusamus. Quis a corrupti eius laudantium est cum iste nulla. Sed amet quasi eveniet accusamus. Est est consequatur est necessitatibus.

Rerum adipisci quia qui. Officiis aut a eos at hic nobis libero. Voluptatem minus dolor animi reprehenderit sint nisi commodi dolore. Tempore ullam praesentium enim debitis voluptas ipsa.

Incidunt odit reiciendis minus dignissimos. Rerum eveniet sunt dolor veritatis.

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 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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

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...”