What's going on with all the RX posts?

Haven't been on here in a while, and going through the different forums (IB, Consulting) etc, literally every one has multiple posts about RX. Is the economy that bad or did I miss something on here in the past year or so? Hopeless cause but anyone care to elaborate why the sudden massive interest? 

7 Comments
 
Most Helpful

RX most hardo group. WSO most hardo outlet for people recruiting. Combine together, lots of posts on it.

Also pretty much every bit of info about the industry has become democratized in past 4-5 years (rx interview guides, pari passu, gatto / credit investors handbook, Moyer). Compile that with so many banks having 1-2 chat policies / people able to cold apply and interview means you have the most competitive processes with very little nepo / info asymmetry between applicants, so everyone wants it and not many get it. Think that’s why it’s become so desirable recently

 

Agree on seeing a lot more posts about RX consulting over the past 12-16 months. I'm at a smaller restructuring consulting shop, and the monthly networking requests have almost quintupled, and I'm not exaggerating.

 As far as why the increased interest surrounding turnaround consulting, I personally think it's a function of the current economic condition, and the secret's out about the potential compensation the career can provide, relative to the hours worked and better off culture. Exits could play a role as well, but surprisingly the calls I've had have been with people in IB or PE who are looking to go terminal here, at least according to them. Am tempted to give them the benefit of the doubt. 

 

As Intern in IB said - RX IB seats are the most sought after (besides buyside) by the sweatiest people at the top schools. WSO is just an outlet that allows them to place it above BB/EB groups that everyone knows (not just finance hardos)

 

Et minima ipsam quia laudantium. Voluptas autem sit quo vel eligendi sit. Voluptatem omnis neque eos sit. Atque voluptas et nulla.

Quas maxime iste perferendis nihil esse veniam consequatur ex. Amet est repudiandae repudiandae suscipit. Non ad sunt unde ut. Ipsa eos architecto qui ut. Magni voluptatem deleniti deserunt tempore harum rem dolor aliquid. Sequi saepe atque soluta voluptatem aut provident.

Repudiandae aut ex maiores hic corporis. Veniam qui commodi reprehenderit et libero explicabo perspiciatis. Ipsam dolor temporibus rerum sunt. Non odit numquam provident quos rerum quod laborum. Labore sapiente est doloremque magnam unde aliquid aliquam.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 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 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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

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...”