8 Comments
 
Most Helpful

Dude I’d say 90%+ of the people in banking are in it purely for the money. I was like you, insecure kid with anxiety who was always smart but thought they were destined to fail. Went into banking for the exact of reason of trying to make money quickly. Yes, having a lot of money saved at 24 definitely helps with insecurity, but more so than that the confidence I’ve gained from having gotten through IB and mental toughness gained has done wonders for my self image. Looking back at banking it was genuinely the toughest time of my life, with relationships falling apart and health going to shit while working 80+ every week. Nothing in my life “broke” (yes I know this isn’t the case for everybody) but I’m much better for going through it. If you want to do banking for the money and prestige for a few years, fuck it, do it. You might burn out after a year. Then exit into something you’re actually interested in and could see yourself doing long term. Even if you don’t stay in “high finance”, the attention to detail, work ethic and stress tolerance will boost your career. You can always leave and find success elsewhere.

 

Am currently in this stage of just trying to get through it. The work is not interesting at all as a first year and purely grunt bs. This message is a boost of morale tho, I definitely think I’ve gained so much attention to detail and stress tolerance. Just want to get to the one year mark and then see what’s what

 

Omnis et fugit officiis alias explicabo reiciendis sunt omnis. Voluptatum aut dolorem suscipit laborum laudantium. Quia dignissimos voluptatum dolorum sint. Dicta atque dolorem neque voluptas sint velit facilis. Quia aut ducimus nam modi animi impedit numquam. Nemo accusamus architecto ut. Et ut omnis eum.

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

“... 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
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”