Top Tier PM Group vs MM S&T

Hi guys,

I would love to hear your opinion on that matter. I have to decide between a MM DCM offer and Top Tier (think BlackRock/PIMCO) Portfolio Management offer. My ultimate end goal is IBD/PE, but I have a few more summers to do internships. I would enjoy PM more since I think it is more interesting work, but on the other side fixed income is not very relevant for IBD/PE down the line. What do you think is more relevant? The PM offer has more prestige than the MM bank, but I don´t know if that offsets the less relevant work.

I am happy about insights from more experienced guys, how would bankers look at those experience differently for recruiting?

Thanks in advance.

13 Comments
 

Nisi neque qui eligendi accusamus accusantium distinctio. Ex aperiam libero necessitatibus voluptatem atque dolore ipsum. Aspernatur labore laboriosam aut corrupti optio molestiae. Delectus aut quam repudiandae rem. Iusto ipsa impedit sint.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
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...”