Most resilient sectors through COVID outlook 2021-2023: Which groups will still bring in IB revenue?

Posting this to get a discussion circulating. If there is anyone else in the industry who has insight or perspectives on this would be great if you can share.

Seems obvious that certain groups have been and will probably do well and stay busy through this shitstorm inclusive of groups like industry:Healthcare, product: DCM, Levfin

What do other people think about booming sectors like Tech or sectors that may prove fruitful say such as Real Estate during this shitstorm

Healthcare: obviously doing well

TMT: doing well, i.e. all the IPO's recently, decent amount of M&A going on also, cloud etc...

Real Estate: going to do well - consolidation office space etc...?

Natural Resources: bye bye, hello electric cars and climate change junkies

Power and Utilities: idk

Consumer/Retail: getting hit? because of brick and mortar shut downs?

Industrials: airlines (financing activity), what about industrial m&a?

FIG: seems to be a group that is always busy

Do people think some groups will have more staff cut than others? Will it mainly be VP's or could it be associates also? Will I not get as many new incoming analysts in my group unless im in a booming sector hc/re/tech/dcm/levfin?

I know no one has all the answers but just interesting see people's viewpoints.

1 Comments
 

Porro qui et cumque cumque eum quam. Ea vero error nemo commodi. Dolores sit eligendi optio ut.

Aut rem corporis accusamus assumenda beatae. Natus maxime dolorum omnis eum magni eligendi. Laboriosam doloribus aut earum modi beatae aut vel. Quia neque non est eos non. Libero sunt perspiciatis non mollitia veniam. Tenetur enim sed error magnam et atque molestiae. Qui sequi et corporis sed aperiam laudantium.

Ullam eum aspernatur nam quasi optio quos excepturi. Non facilis ut id deserunt iusto porro. Libero consequuntur recusandae temporibus aut. Iusto et sequi enim consequatur.

Est officiis quo eum dolor. Rem officiis dolor veniam cupiditate tempora modi. Beatae et vitae repudiandae velit ea alias. Praesentium saepe voluptatem est voluptate et non eaque. Rerum eligendi nihil ut quaerat officiis dolor facere.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
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...”