SF Healthcare BBs

What are peoples thoughts on exits/prestige/culture of the Bbs in sf within healthcare/life sciences?? Is there a ranking even aside from JPM/GS for the BBs in Life sciences??

Interested in SA position in SF

9 Comments
 
Most Helpful

I would not bother outside of GS/JPM…M&A is dominated by CVP.. literally like 90% market share in Biotech.. (Other banks will have strengths as well, for example Gugg dominates the MedTech market.You will get on big deals from a BB tho for sure! But judging by what you said about wanting to "start" your career at a BB, it may not be wise to go to a BB bank that will never be exclusive advisors to the biggest deals. I would argue other EBs such as PWP, Evercore, Gugg, and Lazard will be a much much better experience. (PWP doesnt seem TOO hard, but I heard Evercore and Lazard's process was intense for their SF HC groups and insanely sweaty)I would say your experience will be somewhat of the following only.CVP/GS/JPM >>>> Gugg/Lazard/Evercore/PWP >Jefferies (Honestly would argue for same tier as above, but the drop in brand and percueved prestige cannot be ignored) >> solid boutiques and mms such as Cowen, Piper, SVB, and Cain Bros >> Irrelevant BBs

Edit: If you care about placing into PE ignore everything I said lol even the mid BBs will get you good looks, but you will not get that at mm banks.

 

I would take any of the EBs over it… I would personally take any of the MMs I listed above (just bc I aspire ti be a career banker), BUT do choose MS if you plan on moving to the buy-side. (Industry exits will be just as strong at MMs)

Comparing it to the rest of the BBs..? TBH, I do not have much info on these BBs lol. Ik barclays, cs, and MS has HC groups for sure. Not even sure about UBS, DB, nor BAML. Thats how irrelevant they are lol… fun fact, UBS HC in SF used to contend for top 3 spots and was favored the most amongst JPM and GS lol.

If you care about experience + exit I would take a bank like Jefferies too. Much better experience and will get the same looks.

 

Coming from someone trying to lateral into PCA/low-tier MM you should stop talking down on some of the best BB and EBs lmao

 

Eligendi ab vel dolore eaque impedit. Nemo distinctio voluptatem delectus est voluptatem. Nobis consequatur quibusdam et maiores illo explicabo. Dolorem aut quis dolor quae est doloribus dignissimos eveniet. Aut mollitia sint at voluptate.

Impedit amet repellat qui sint et nemo id. Nam sunt inventore eveniet vel nihil vel eum perferendis.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
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...”