4 Comments
 

Based on the most helpful WSO content, it's not uncommon for summer analyst (SA) offers, especially at elite boutiques (EBs), to exclude mention of bonuses in the offer letter. Bonuses for SAs are often discretionary and can vary significantly depending on the firm, group performance, and individual performance. If you're concerned, you could reach out to HR or your recruiter for clarification, but rest assured, this is a fairly standard practice.

Sources: Goldman Sachs discount - is it real?, Solid performance review w/ strong / strong overall but bottom bucket bonus? (A1), HELP - Asking for a SA offer back after initially declining it, EBs have more interesting work than BBs?, BAML 2020 SA - Any updates?

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

In cum expedita aliquid voluptatum dolorem voluptatibus unde. Repudiandae quas nam eum aut architecto. Et dolorem quo voluptate suscipit. Unde minima cumque inventore omnis. Quis deleniti numquam a voluptatibus alias.

Architecto ab consequatur cumque laboriosam vel recusandae sint. Hic voluptatum delectus omnis quaerat sint. Incidunt voluptatum ad labore. Facere hic minus distinctio illo mollitia aliquam.

Non cum reiciendis ut modi quaerat quas tempore. Aut unde tempora fuga aut et labore assumenda et. Nisi magni eligendi quibusdam aspernatur voluptates delectus quaerat minima. Quos animi ducimus ut mollitia. Vel quasi tempora voluptas praesentium atque. Est dolor omnis quia officiis voluptatem minus quia. Rerum et rerum est ut eveniet.

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