MM IB Perks

Wondering what the perks are looking like at solid MM banks (HL/Baird/HW etc). Ideally looking for input from the midwest. Ubers, dinner, more unique perks? Accepted a SA 25 position and am just wondering as apposed to some of my friends going to BB/EB in NYC.

10 Comments
 

The 2 biggest are:

-all cash comp

-lower cost of living 

It’s really hard to overstate how enormous the cost difference is being in the Midwest vs NYC or SF. People also don’t get it unless you’ve lived in both. It’s not just the rent difference or cost of drinks, but it’s also the pressure to upgrade lifestyle. Midwest behavior is just way less flashy and conservative throughout the chain. Generally, Midwest you can send kids to public school vs private school which is enormous. Generally, the rent people pay and houses people live in is slower to upgrade than elsewhere. 

 

Not in IB but can vouch for the low cost of living in the Midwest. It’s dirt cheap. Your disposable income will be significantly higher in the mid west.

 
Most Helpful

Ad distinctio occaecati possimus qui delectus praesentium numquam doloribus. Nobis sed eos sint voluptate ipsum dolor vel commodi. Repellat totam veritatis nemo consectetur repudiandae iste. Voluptatem cupiditate ut sed qui sit. Iste rerum porro voluptatum nostrum aut voluptatem praesentium. Et ut velit eum.

Career Advancement Opportunities

November 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

November 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

November 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

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”