7 Comments
 
Most Helpful

Ignore title I am An3. This is given you don’t know what group you’ll be in. This is also my own generalizations from what I have observed and talked about with friends. Technically these are all great places to start a career in with the right group.


Pay:

MoCo>JPM>MS>=BofA. 

Historically, MS hasn’t been best comp wise at the analyst level (generally speaking). Back when I was in college BofA used to pay well, but it seems like they’re in a slump now. Who knows how long it will take for BofA to turn it around.


Exits:

MoCo LA>MS>=JPM>=MoCo Other>BofA. 

Again, this is assuming you have no idea which group you’ll be in. MoCo LA is #1 due to consistency and focus on  M&A/RX deals. Maybe it’s due to their bias for target schools, but I’ve also seen MS kids exit well very broadly. It edges out JPM by a little imo. The rest of MoCo is also great but know there are some groups, since moving away from is generalist program, that are notably weaker than the rest or very niche.

Hours & Stress (most to least)

MoCo > MS>JPM > BofA. 

MS & MoCo are both broadly sweatshops. MoCo imo edges out MS due to precedence, even despite the rework in 2021 (if I remember correctly). JPM has a lot of really sweaty groups too (industrials, HC, M&C, etc.) but I also know they have more relaxed/non-toxic groups in their mix. BofA same thing but to a lesser extent than JPM, have met some people who genuinely enjoy their groups as well. To be clear, you’ll be working hella hours in most groups (unless you’re an fsg banker lmao). 

Longterm banking career:

Whatever group you enjoyed talking to the most. People keep you long term not prestige…

 

largely agree with this also given group placements at each I think Moelis may edge out the others because I think on average you get great reps at all of their groups (though hours vary widely) vs MS and JPM where groups really matter. Wouldn't consider BoA in same tier at all but not bad option. However if you could guarantee MS M&A then i think that's the absolute best group on wall street for exits

 

Delectus adipisci et consequatur nemo tempora ipsam praesentium. Recusandae debitis doloribus iusto sunt. Nobis sit magnam quia vero quos consequatur.

Hic aut molestiae alias exercitationem voluptatibus. Deleniti animi quidem ut. Temporibus explicabo earum recusandae ex dolore. Et excepturi aut voluptatem qui ab aut.

Praesentium odio molestiae minus consectetur et. Velit ipsum perferendis nesciunt itaque similique corrupti. Aut officiis autem nam esse voluptate quis omnis. Nulla sed id sint autem esse quae beatae quo. Et in eveniet voluptas sint aperiam maxime amet.

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 03 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”