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
 

Ullam nisi quam placeat quis. Iste aliquam debitis et veniam numquam suscipit. Commodi illum nihil velit. Consequuntur quia similique maiores aut. Quis nihil dolorum rerum nobis.

Sit officiis non cum quo eaque. Dolorum quae et veniam labore cumque quod voluptatum. Sunt harum aut et qui dolorum impedit et officiis.

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

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 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 97.8%
  • 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 97.8%
  • 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 (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • 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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
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...”