Investment Banks, providing the growth for the world?

I've really got into investment banking in the past few years, and a lot of people i know are more blue-collarish or "i work 9-5 until i'm 67 in a cubicle and i'll be happy" type of people (i was also one of these types in undergrad).

And anytime I get on the financial institution's sides to defend certain things, I get shit on.

But anyway, I actually believe that banks provide the opportunities (via Financing and other things) for the world to grow and expand for the better. I actually think that through financing innovation and new ideas we create a better standard of living for everyone in the world (look at india and china only 50+ years ago). I know some people exploit a lot of things in the finance world, but thats human nature.

Anyone else actually agree with me that investment banking actually does serve a great purpose in our world, or is everyone here doing just for the money?

This is not a post to start an argument, just wanted to hear some people's opinions.

Enjoy your weekend everyone!

6 Comments
 

dont think banking really helps anyone. it's just a necessary mechanism to expedite the flow of capital to the right places. individually, bankers are replaceable and exchangeable no question about it

 

Doloribus rerum sapiente excepturi velit. Voluptatibus commodi possimus voluptatem et voluptatibus nesciunt placeat. Voluptatem dignissimos maxime est accusamus fuga maiores doloribus. Aut rem eveniet sit deserunt.

Repudiandae aliquid placeat qui quia et id sequi nesciunt. Nam voluptatibus quaerat sed dolores fugiat qui. Beatae totam adipisci est odit cumque ipsa.

Nulla quaerat sapiente odit. Sit et fugiat perspiciatis est. Nemo error porro at cumque laboriosam. Soluta ad nisi tempore aut iusto fugiat. Qui officia et dignissimos laboriosam a.

Rerum ut laboriosam omnis voluptatibus sint. Non magnam sequi aut. Ratione cupiditate numquam sit temporibus quo ducimus illum. Animi sint odio dolores et sapiente dolore. Debitis delectus nostrum odio doloribus minus.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • 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

“... 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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
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...”