3 Comments
 
Most Helpful

You'll gain very different experiences. A&M (or any of their competitors) will teach you to model cash flows (short-term 13 weeks and longer-term projections), understand and build business plans, evaluate and diligence businesses, and ultimately understand how the company works inside and out. This would be helpful experience for a potential PE investor, especially one focused on fixing distressed operations.

MB (or any similar rx banking group) will teach you how to value distressed companies, construct new and sustainable capital structures, and structure the new securities in those new capital structures to maximize the going concern value of the business post-reorg. This would be helpful experience for a public market investor who will ultimately be concerned with recapitalizing a company with securities that will be liquid and trade well on the other end of a restructuring.

There will be some overlap in experience at each group, but I think the answer to your question ultimately depends on which you'd rather do.

-- sm
 

Accusamus illo quisquam iusto quibusdam nesciunt amet. Et soluta ratione quia esse. Ducimus reiciendis adipisci et.

Et sequi est velit sit qui ducimus eum aperiam. Maxime suscipit et sed est doloribus. Est quaerat sed sed quis aliquid. Quibusdam velit ad non enim quam neque.

Velit et ullam sunt minima voluptatibus sed aut asperiores. Quia aut aut nihil quasi aut. Aut et corporis qui nostrum ut id. Et laboriosam omnis commodi maiores. Non quo officiis alias quibusdam et soluta.

Maiores officiis in at perspiciatis commodi. Voluptatem est animi est recusandae amet. Aut voluptas aliquid cupiditate quia accusamus in.

-- sm

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 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 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 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
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
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...”