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

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

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From 10 rejections to 1 dream investment banking internship

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