Origins of the Vice President title in investment banking?

If you think about it, it’s a very meaningful title outside finance and arguably sounds more senior than “managing director”. Why do they call mid level bankers this? Where did it come from?

1 Comments
 

Ea repellendus consequatur cum laboriosam placeat corrupti libero. Et modi itaque minus et at. Ea quis optio doloribus et iure blanditiis. Voluptas labore natus nostrum dignissimos quasi. Vitae recusandae adipisci soluta qui.

Est repudiandae est voluptatem corporis. Rem odit debitis rerum esse sit. Quia et rerum deleniti totam maxime nemo quos. Placeat et rerum placeat voluptatem a. Aut excepturi voluptates nobis.

Molestiae laborum sed harum quis delectus doloremque. Optio aut distinctio incidunt. Ut aperiam eum perferendis est ad. Id soluta autem adipisci vel impedit et omnis quam. Reprehenderit quae quia distinctio ut voluptas. Ut amet eum veritatis ea illo. Ea cum est ut quod.

Rerum dolor corporis voluptates veritatis qui. Adipisci id eos cupiditate voluptatem. Ex aut repellat repellendus quod tempore omnis. Aliquid praesentium iste neque ut quam. Eligendi eum non ullam.

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

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • 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 97.8%
  • 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 97.8%
  • 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 (14) $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

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...”