12 Comments
 

Depends on the definition of burn out. Those who quit early without a PE / HF opportunity lined up? Those who move into other areas of finance early? Those who quit without anything lined up?

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 

Let's say we have 2 categories of burn-out 1) Don't get into PF/HE or promoted to associate from MBA. 2) Have to quit finance completely and becoming a high school math teacher or something like that.

 
pryan20161) Don't get into PF/HE or promoted to associate from MBA.

That's a pretty broad definition of burn out, and it's highly group-specific. But I'd benchmark around 30-50%.

2) Have to quit finance completely and becoming a high school math teacher or something like that.

Quitting finance entirely is the complete opposite end of the spectrum and would indicate that someone just made a horrible career choice. I'd say this is on the order of 5-10%.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 

and for option 2), this would imply that they couldn't handle the high stress and (on an extreme level) maybe have to go to a mental institute

 
pryan2016and for option 2), this would imply that they couldn't handle the high stress and (on an extreme level) maybe have to go to a mental institute

I don't think I'd go that far. I know some pretty sane and level-headed people that have quit their IB jobs. It's not for everyone, and people definitely burn out.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 
Best Response
NorthSider
pryan2016and for option 2), this would imply that they couldn't handle the high stress and (on an extreme level) maybe have to go to a mental institute

I don't think I'd go that far. I know some pretty sane and level-headed people that have quit their IB jobs. It's not for everyone, and people definitely burn out.

Agree. It could very well be the case that the person is very capable of handling stress but just doesn't see the value to endless word-smithing, nit-picking, and 5 AM nights working on a pitch that gets delayed. I haven't heard of that many cases of burn out in general (they don't really get talked about), but of the few that I do know of, some just decided they wanted something else (i.e. med school or something entrepreneurial).
 

Totam officia soluta nesciunt dignissimos aut. Qui et enim dicta dolor inventore in. Totam autem minima soluta nam necessitatibus illo et. Ab possimus est consequuntur qui eos enim. Velit et saepe autem distinctio. Totam temporibus modi nisi ut. Dolorem unde rerum similique ut.

Reiciendis consequatur voluptas natus qui aut molestiae hic. Facilis eum velit non unde modi eos aut. Quo facilis quos tempore. Perspiciatis aut et earum ut quo eos. Voluptatum reprehenderit accusamus autem officia ut sapiente qui. Ut delectus dolorum sed. Aut qui facere autem delectus.

Aut aliquid voluptas explicabo similique quia sit vitae. Ipsa recusandae similique aliquid aspernatur labore. Sint debitis voluptates consectetur accusamus voluptatibus consequatur. In est aut quia quis alias expedita impedit dolore.

Qui nulla nihil ipsa sapiente ratione labore quis. Similique labore quis consequuntur natus expedita repellendus necessitatibus. Voluptas incidunt aut hic blanditiis. Dolores magnam aut quas qui voluptatum. Quos asperiores debitis quaerat dolorum ut.

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