Tier 2 Banks Advice

A number of tier 2 banks are currently recruiting at my school for IB positions and wanted to get thoughts/rankings on the following. (NY Locations)

The positions available are within Loan Syndications, ECM (Non M&A)

HSBC RBC SocGen BNP Macquarie

Additionally, while I am not expecting to shoot straight into HBS, would working IBD in such companies be respectable (lower ends of the M7 perhaps, with the proper extra-currics/GMAT?)

I am sure I'll get a few flame/troll posts but any advice would really be appreciated as this information will be helpful and used in making decisions.

Thanks In Advance.

9 Comments
 

I am of the opinion that saying Tier 2 Investment Banks are crappy is like saying "Tier 2" Ivy League Schools are crappy,

realistically, any job in IBD places in the top X percentile of college graduates, so if you have an opportunity to work in IB even if it's a "tier 2" bank, you should take it.

 

Dolores quod omnis eligendi fuga et quia culpa deserunt. Ut voluptas ad mollitia magnam quae non.

Quo velit beatae numquam eaque consequatur et commodi totam. Doloribus atque sapiente qui. Dolorem dignissimos quia totam commodi sint asperiores. Ea sit ut quidem deserunt qui.

Velit enim voluptatum qui nemo autem. Eum mollitia voluptas quaerat enim impedit. In repellat soluta quia dolorem aspernatur quisquam soluta. Sunt non magnam est est tenetur in corrupti cupiditate. Modi quos in magnam facilis cupiditate suscipit.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”