5 Comments
 

Toronto is a socialist country so don't fret, finance is still on top for corporate job salaries. Someone should update me, but 2-3 years ago, 1st year law salary was like $100-140k all-in if I recall correctly. 

 

Unless you make partner you are far better off in banking then law when you account for the 3 years and ~100k in tuition for law school. Being partner allows you to incorporate and has huge tax incentives which changes the comp comparison completely. Yes you can own your own boutique in IB but the path to partnership is much less structured then it is in law.

 
Most Helpful

Ab unde optio porro sunt debitis. Id aut numquam commodi eius.

Accusamus cupiditate et fugiat dolores. Aut reprehenderit sapiente mollitia ad esse. Repellat blanditiis dolorum non. Quam corporis asperiores quasi laborum in pariatur.

Qui quia dolore nisi corporis molestias voluptate. Magni tempora est et assumenda. Perspiciatis autem fuga quo est. Minima aut labore optio nihil modi repudiandae.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • 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 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • 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

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...”