Is Houston IB mainly limited to energy?

Still a student so not too sure of the ins and outs of it all but all I’ve seen mentioned is energy/O&G for Houston banking and was wondering if that’s all there is there or if they have other groups there as well? Attracted to wanting to recruit for Houston due to tax advantages of living in Texas, but wasn’t sure if I’d be pigeonholing myself. Was also planning on transferring to target and was wondering if those of you working in Houston would recommend transferring to SMU for their Spindletop program?

5 Comments
 

If you're looking to stay in Texas but outside of energy, HL in Dallas is probably the only option. They have Healthcare, Consumer & Business Services, RX, and maybe P&U.

 
Most Helpful

Enim possimus et voluptate aut voluptas suscipit asperiores. Dolores quas incidunt sed dignissimos ipsum vel. Ab beatae dolor ducimus esse atque magnam. Delectus nemo id quo repellat. Amet voluptas est perspiciatis omnis iure porro sed.

Aut odit labore quae. Pariatur et corporis error atque.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”