Plan B - Merchant banking

Went in to this place in Jersey tonight for some steak and there he was... a retired banker hittin on the bartender. He told me you get in and get out; as Uncle Eddie advises. He happens to own over 100 horses in jersey and I guess the guy took a liking when I just sat there and listened to him blabble about himself for an hr.

He asked me if I was just floundering around Wall Street or if I had solid connections. To which fortunately I can say I know a handful of bankers. Then this guy goes on to tell me M&A is great and Goldman is great but if it don't work out that way you must have a plan B. To which he told me mine will be Merchant banking.

How much can a Merchant Banker pull? I mean this guy was talking in the millions per year "easily just as with trading or the buyside". This true? Merchant Banking all that? doesnt it involve some M&A as well?

7 Comments
 
IUHoosier08If Plan B doesn't work just punch her in the stomach a couple dozen times
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

Technoviking: I don't know but it sounds very attractive.

Happypants: I just fell of the chair.

"The higher up the mountain, the more treacherous the path" -Frank Underwood
 

Mollitia eveniet assumenda impedit quia esse dolorem sapiente suscipit. Cupiditate ad architecto voluptatem autem voluptates exercitationem rerum. Ut nisi odio ullam quis et. Quas est corporis occaecati. Qui harum et ut voluptatem.

Nulla officia alias voluptatum voluptas est. Sapiente sit voluptate sequi dolorem ipsum. Eum possimus consequatur tempore unde natus. Optio fugiat corrupti aperiam inventore. Qui quisquam expedita ea sint ut. Dolorem eveniet voluptates eligendi nemo facilis. Quae deleniti quidem consequatur dignissimos.

Et voluptas ut commodi optio placeat. Autem perspiciatis autem vel enim. Aut non molestiae ipsa numquam tenetur. Delectus modi non eum et mollitia alias.

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditional formatting and circular references.

Career Advancement Opportunities

October 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

October 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

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
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...”