8 Comments
 
Most Helpful

Here's a timeline for a quick ramp:

Months 1-2: ramp up. You will make a ton of mistakes because you don't know all the mistakes that can be possibly made. Sometimes it's not a mistake but a formatting preference - so you learn to make it look like how they prefer next time instead of how you were taught in training. You will learn all of these kinks for each deal team by the end of month two staffed on projects.

Month 3: you will still make mistakes but should be with far less frequency. Mistakes should be less and less of fudging a number, fudging number formatting, typo, forgetting to spell check to things like "let's add a blue bar to highlight here", "let's tweak this assumption to show x and x growth rate instead". These are not mistakes unless you make them twice - because it's really a preference, not that you got something wrong…unless you were told how to do it and still didn't do it how they liked it.

Month 4: Little to no tolerance for "careless" mistakes - I.e percentages, spellcheck, alignments etc. You should have the balance between being speedy and accurate. In the beginning it's better to be slow and right than fast and add 3 turns for stupid little shit like formatting or wrong capex sign. If someone hasn't asked you your progress on a task then it's not too long at that point. Let someone else tell you you're going to slow before unnecessarily rushing yourself and getting shit wrong because you will naturally get faster over time…but must build good habits.

Month 5: You're a well oiled machine - "mistakes" now come from assumptions you were tasked to come up with bc you're associate trusts you to take a full first crack at the model alone or same thing for being tasked to just build the pages without shells, things of that nature.

Tips: emotionally divest from IB ASAP. You will get snarky replies from seniors sometimes for asking a dumb question or making a mistake, but you can't let it get to you or you will be miserable. Sometimes you’ll get directed to email the most senior deal team member and get burned bc your associate missed something. Whatever. Even if you make the same mistake twice don't internalize it, make a note best as you can and move forward. (As long as you don't do something fucked like send a confidential model to another client or something) Keep an email folder of all the "good" deliverables you have for leverage in your 6/12 month reviews, seniors will forget the small fuck ups along the way….

 

Omnis tenetur accusamus rerum ab placeat deserunt natus dolore. Ut quam tempore et occaecati quia. Excepturi dolorum veritatis qui impedit necessitatibus corporis assumenda.

Doloremque sit rerum aut mollitia earum autem. Occaecati est maxime quam ratione quae. Voluptatem ea explicabo expedita ex est autem. Quibusdam ea vel assumenda ducimus voluptatem.

Career Advancement Opportunities

November 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

November 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

November 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

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • 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

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...”