Which one is better for PE exits: MBB or Mid Tier IB(UBS/DB/HL)

Was fortunate enough to get an offer from MBB as well as from an Investment Bank and wondering what I should choose if my long term career goals are to exit to PE. Would really appreciate any insights and advice

3 Comments
 

Depends on which MBB (PE practice is the only real relevant one for exits for the most part) and which group in a mid-tier IB. HL is not the same as UBS/DB, HL RX exits better than those two by a lot but HL M&A exits worse. McKinsey exits aren't too strong and BCG is okay, but Bain PE arm is clearly better than the UBS/DB top groups.  Would still take a McKinsey offer over a UBS/DB one given general reputation boost, but for purely PE; McKinsey does not place all that well as the business is mostly around strategic work. 

 

Which one would you say is better between Bain and Wells (top group at both) and do you think the actual work at Bain will prepare you better than a 2 year analyst stint in IB?

 

Enim aut quia recusandae delectus sint ab molestiae qui. Eos sit labore fuga aut qui ut. Ullam natus sed voluptatibus sint blanditiis vel reprehenderit.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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...”