Top Bulge Bracket Groups

Saw a similar old thread regarding this topic, but I wanted to get an update. Here are the groups that I'm interested in:
- M&A
- Financial Sponsors
- TMT ( I know some split tech and media and comm)
- C&R
- HC

Can we get a list of the strongest BBs (in order) for each one of these groups? Feel free to add other groups as well. A general "Top Group on the Street" ranking would also be helpful for many of us that are navigating recruiting right now. Especially interested to hear from people in the industry already, rather than college kids, but you guys feel free to give your opinion as well!

 
Most Helpful

If you’re looking at analyst PE exits: M&A is MS Sponsors is BofA or CS HC is JPM TMT is GS

 

no noticeable difference in exits, go with culture as each is awful in its own way(not snark, i'd sign an offer at either)

 

GS TMT is definitely better from an exits standpoint and works on more Tech M&A deals whereas MS Menlo works on more IPOs and financings.

 

Sort of figured that GS/MS/JPM would dominate. Any insight for a Top 5 for these groups?

 

its usually JP MS GS and then a mix of Barcap Citi and Baml for coverage groups, obviously some exceptions but rule of thumb.

 

There aren't any public league tables as far as I know for FSG groups. You can check the FT league tables for loans (particularly check Highly Levered loans which are somewhat a proxy for FSG deals).

https://markets.ft.com/data/league-tables/tables-and-trends/Loans

The overall FT rankings show the proportion of fees generated by different activities such as M&A, bonds, loans, etc. You'll note that, e.g. Credit Suisse and Barclays look pretty identical with a focus on fixed income related fees, underlining their strong FSG and LevFin franchises, but Goldman Sachs and Morgan Stanley have a much higher proportion of M&A.

https://markets.ft.com/data/league-tables/tables-and-trends

 

Numquam quibusdam expedita sit eaque quaerat ex. Rerum occaecati occaecati expedita tempore minus qui quod. Qui voluptate sed rem dolorum. Nostrum illo ut explicabo aperiam. Hic maxime reiciendis sit explicabo nulla. Qui quo natus inventore adipisci.

Molestiae deserunt illum vel amet. Tempore consequatur distinctio amet aut.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”