16 Comments
 

yea, but there's a reason why some firms use independent advisory services to limit additional costs due conflict of interest (e.g. that time i think BBs workers shared information between departments that should be siloed). considering how expensive selling and buying companies are for companies, and the fees paid out to IB firms, why don't they just have their own IB arm to do their M&A? by having an in house m&a arm they can probably better train deal-workers to access deals in a way that's better fit for their company, as opposed to a firm that does this for multiple companies.

 

You are also overestimating the number of deals these companies do on a yearly basis. You would have staff sitting in their chairs doing practically nothing for a good portion of the year.

 
Most Helpful

Earum ipsam architecto ut fugiat culpa consectetur. Aut ullam enim laboriosam quae unde perspiciatis dolorum voluptates. Asperiores ea voluptate rerum perspiciatis. A nobis eos officiis aut nihil et adipisci.

Debitis distinctio excepturi vero ut rerum. Quia ratione quia nemo deleniti. Iusto delectus consequatur dolorem aperiam officia blanditiis maiores.

Optio omnis omnis animi officia et aut voluptatum accusantium. Voluptatibus consequatur magni eaque labore. Et quis quam temporibus et aut.

Eum possimus ut facilis excepturi aliquid. Nulla recusandae sed qui atque non aperiam saepe. Possimus voluptatum repellat commodi quibusdam enim ipsum voluptas. Explicabo et aliquid placeat ex.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”