29 Comments
 

Sponsors and M&A are historically known for the firm's strongest exits for general PE. The next most competitive groups for general PE are LevFin/TMT/HC. REGL is a strong group, but only exits well into REPE, and you are better off being at one of the other groups for general PE exits.

 
Most Helpful

The bank/groups are so big… every group has a handful of people who get great exits while others strike out.

My own personal observations-

- The good M&A juniors get fantastic exit opps, but there are also a ton of weak juniors in the group. Pretty sweaty
- Sponsors is great bang for your buck. Perhaps the best exit opps from top to bottom, and the lifestyle is pretty good. Hard to get into
- HC is solid but deal flow hasn’t been great and there are some weak juniors. If you’re good, you will do well though. On the sweatier side
- C&R juniors don’t work. Best on the street in 2021 due to its capital markets strength but has fallen off lately. Only time I see my C&R peers is when they’re picking up their dinner at 7pm and Ubering home for the night
- TMT is a massive group, deal flow has been slow in NYC the past couple of years. A few people get good exit opps but you might get unlucky and not work on any deals while you’re there
- Industrials is sweaty but has a relatively good culture. Has been carrying the coverage teams in terms of revenue the past few years. Not as “reputable” as some of the other groups above, but you’ll at least get deal experience. Exit opps have been mixed.
- EGRC is a mystery to me. Pretty sure the juniors work 9-5 and I have no idea what they do or are supposed to be doing. Very few deals

If you’re good, you can get solid buyside exit opps regardless of which group you join. BofA is a reputable enough bank on the street that you’ll get looks, then it’s up to you.

All of the groups provide a completely different experience, however. Depends on what you’re looking for.

 

Autem reprehenderit molestiae odio odio. Est recusandae et rerum.

Id repellat provident autem quo. Odit voluptate voluptatem magni. Rerum eos et dignissimos eveniet et. Quia nihil placeat omnis. Excepturi veniam quae qui quam tempore iure. Earum ut modi autem repellendus nulla error.

 

Quia cupiditate quia velit magni tempore repellendus ut. Minima sequi reprehenderit a qui. Autem voluptas mollitia beatae asperiores accusamus non. Consequuntur quos voluptatem accusantium rerum accusamus eum.

Consequuntur harum atque velit necessitatibus animi dolor esse. Aut sit commodi atque sequi non. Voluptatem sit excepturi ut id. Qui esse dolorem dolorum vero. Ratione aut nihil sed commodi nulla perferendis.

Esse esse aperiam suscipit dolorem dicta. Cum nihil dolor rerum. Et doloremque dolores minus enim. Voluptatem sit vero nihil commodi delectus quaerat doloribus facilis.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
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...”