Investment Banking Salaries - Is it all lies (USA)

Hey Guys,

I'm a first year M&A analyst at a boutique investment bank/advisory shop (Greenhill, Perella Weinberg, Moelis), with a little bit of free time as I'm in between deals. I lurk this subreddit often on my main account but don't post here. I often see a lot of content about how to break into IB or about the recruiting process, so I thought I would do Q&A since I have some experience. I participated in my firm's recruiting process. I mainly focused on recruiting efforts for my alma mater, but I did work on screening and selecting resumes from other applicants as well. Ask away about the recruiting process in general, advice, or other questions about IB if you have them!

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Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

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