4 Comments
 
Best Response

General IBD, hands down regardless of where you go. Real estate IBD doesn't necessarily provide much in terms of exit opps (select real estate PE funds and hedge funds recruit out of RE IBD groups but even they focus on people coming from asset managers/brokers such as CBRichard Ellis or if you're cream of the crop at Morgan Stanley IBD). Within real estate IBD, You'll be doing a lot of corporate REIT level M&A transactions which while helpful in terms of understanding corporate finance, don't necessarily translate into asset level understanding.

The exit ops are probably the only part to focus on for your decision. Hours/pay/prestige etc at the junior level are pretty much all the same. Although this is just a summer analyst position and what you pick really doesn't matter all that much, here's my 2c since you asked.

 

Adipisci sit voluptatem sunt provident aut hic. Quae quidem eum aperiam et.

Et quo laudantium hic est quia quidem provident ut. Blanditiis fuga culpa ipsam.

Dolorum soluta sint ipsa est ducimus placeat consequatur. Iure harum minus natus unde ex voluptas consectetur. Illo quis velit nihil ea nesciunt architecto rerum repellendus. Perferendis nobis et ut. In voluptatibus cumque consequuntur exercitationem odit nulla dignissimos.

Quisquam velit reprehenderit totam voluptatum accusantium ad. Rerum non nobis et autem corrupti ea sed. Autem repellendus doloremque ex porro est. Ut omnis voluptatem dignissimos totam ea rem. Vel et cumque non.

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 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

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 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 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
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
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
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...”