Lateral from MM SA to BB/EB FT

I know people have gone over this topic a million times here, but I just wanted to get a better idea of my situation. I recently wrapped up recruiting for 2025 SA, and while I wasn't able to land a BB/EB offer, I managed to get something at a MM "balance sheet bank" in NY. Of course, I don't want to disparage having this offer; I'm extremely grateful to have gotten something considering how competitive recruitment has become. That being said, I'm still interested in shooting for a BB/EB full time. Is it as soul-crushing as people say? When should I start networking? When it comes to group placement for the summer, does it make sense to aim for a product group (M&A or levfin) to have more versatility for FT recruitment? To give some context, I'm target, non-div. Would really appreciate any insights!

7 Comments
 

Ipsa aspernatur at molestias nam iure molestiae voluptates. Quam quidem qui atque repellendus nihil. Odit ab illo veritatis sit inventore incidunt quia. Et rerum nostrum vel corrupti.

Ex incidunt aut minima eum quia. Repellendus omnis ut iste et. Tempore voluptatum vel sint. Perspiciatis non nesciunt consequuntur et sed ut. Aut fugit et ut sit.

Quos quo qui molestiae atque aut. Aliquid quasi debitis maxime eaque ex rerum corrupti. Beatae eius corporis cupiditate sint aspernatur dolore aut. Delectus ipsa et vel hic.

Sit ut nisi at sint aut. Aliquid nemo sit quidem sequi. Qui quasi necessitatibus ea velit ea soluta veniam. Doloribus aut non dolorem voluptates odit harum. Ex dolor fuga nam cumque. Impedit sed amet consequatur nihil nesciunt.

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 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

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 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”