The issue with your question stems from the fact that an investment analyst is more of a category that has many careers within it, while an investment banker is a specific career. An investment banker works in the IBD (Investment Banking Division). Now there are different investment bankers, there are products and coverage groups. So some products include M&A bankers that advise clients on M&A transactions, then there are ECM bankers that help with capital raising such as ATM facilities or Follow-On offerings, or IPOs (Initial Public Offerings). There are also other groups such as Debt Capital Markets, Leveraged Finance, and Restructuring. 

Now on the coverage side, you can work on all of these for a specific industry. So if you were on the Healthcare Coverage Group you would do M&A, ECM etc. for Healthcare companies. Sometimes they are broken down even more into "Healthcare Services, Biotech, Med Devices etc.). 

Now going back to the bucket of an investment analyst. It's hard to explain since you could argue investment bankers are investment analysts, but when most people refer to investment analysts they think of financial analysts at corporations. They can do internal finance operations, accounting work, compliance, etc. Now there are M&A at these corporations but it's labeled as corporate development. Here is a better explanation: https://corporatefinanceinstitute.com/resources/questions/analyst/finan…

Also don't use your real name and photo on here. Change it lol.

 

Id dolorem ab quaerat laborum dolorum. Rerum aperiam minus delectus aliquam sed. Ipsa et nemo expedita sequi inventore ea laudantium enim. Placeat reiciendis dolorum quis eveniet. Dolore eos commodi sit officia qui est repudiandae.

Dicta error eos ea eveniet non facere. Eos ducimus consequatur dolorum animi et ea ex. Autem porro provident eius ratione molestias provident non.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”