13 Comments
 
Most Helpful

Former infra banker here 

DC / Cantor / EVR / Roths / Laz (maybe - they recently started an infra fund and also do a lot of sovereign advisory)

RBC / MacQ / Barc / JPM / GS / MS (though i wasn't particularly impressed with their GUP team when working opposite them)

These are the main firms you'll see in infra and the ones who do good deals. FYI the sector has very little strategic work ie mostly buyside sponsors and the same names appear over and over... also note, these names are sweatshop clients (GIP, MAM etc) and so you will get beasted a lot. The boutiques / EBs will do a greater proportion of buyside work vs sell side as they don't have balance sheet and don't bank the sponsors. The BBs and balance sheet banks will do sell sides given they provide staple and normally take the strategic work as well. 

That said, the boutiques often do well in offering debt advisory as well - DC in particular (like 70% of their deal flow is debt according to my mate there) but also Roths. So if you have a particular vertical / Product then you may want a particular firm 

 

Of the MMs would also throw in Santander - far off GS/MS but specialise in energy and infra 

 

Magnam accusamus et dolore. Ratione id nihil dolorum.

Career Advancement Opportunities

October 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

October 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

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • 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

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
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
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...”