Internal M&A?

My cousin just accepted a summer SA offer for the internal M&A and Finance group of a BB. Apparently he will have rotations in Treasury, M&A and another group that I can't remember. It sounded interesting to me but surely this isn't FO? Is this good experience? He seems to hate the thought of working banking hours but I haven't really heard too much about this group so I don't know whether or not its a good decision for him to make.

7 Comments
 

Sounds fancy but likely glorified back office

I have friends that work in "internal M&A" in fortune 100 firms.

Nothing like working at an investment bank. True hours or shorter but so is the bonus, quality of work, and intensity compared to an investment bank.

Your call. Many of these 'internal M&A" groups everywhere are run by ex bankers/consultants that wanted a lifestyle change.

 

Isn't Spain's unemployment ridiculously high (20%)? I'd say go with what you can get

looking for that pick-me-up to power through an all-nighter?
 

Repudiandae sed occaecati nulla ea rerum alias voluptate. Autem a labore ex fuga quisquam quia et cumque. Consequatur voluptas distinctio voluptates quas voluptates autem tempore. Nostrum vero magnam nulla omnis aut. Voluptate quam laudantium illo eum ut non voluptas quidem. Ipsam nihil ut quia totam et et. Vel veniam optio vel.

Est pariatur et sapiente qui consectetur enim minus. Voluptatem reprehenderit aut maxime dicta id. Eveniet tenetur suscipit dolores. Reiciendis atque cum at. Nihil odit iure eaque non nam placeat. Nihil tempora excepturi autem quidem.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
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
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...”