Investment Banking - Calgary

The Calgary threads on this forum (few and far between as they may be) are a bit scattered with a lot of the info a few years stale. I figured I would take advantage of some of my downtime during Stampede (while I am still sober) to maybe get some fresh info from the Street.

Some items for my personal interest: (non-exhaustive)

1.) how does compensation compare with other cities in Canada and North America?

2.) how does culture / quality of life / WLB / lifestyle compare with other cities in Canada and North America?

3.) how do exit opps and career development (for the career bankers among us) compare to other cities in Canada and North America?

4.) what are some of the best (and/or worst) shops on the street for reputation / deal flow / hours / culture / comp / career development? 

5.) how do we think Calgary deal flow will be for the next 5 years compared to the previous 5 years?

6.) Do you like working here?

7.) For those who have worked in Calgary and any other city, what is the reputation of Calgary to non-Calgarians?

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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 04 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 (17) $409
  • Associates (58) $261
  • 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
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