Advice - SA 23 Recruiting

All - like many of you, working on 23 SA recruiting - at non-target, non-diverse 3.85 (big 10, IB club) - targeting MM/UMM firms for IB - have had a handful of interviews - one solid MM Superday, which resulted in me being 1st on their “hold” list, and they offered me ECM internship and the MD who runs ECM also runs a coverage group and said the switch to IB after a year or two is a solid possibility and would include me in some deal work in the SA program - I am not getting much luck in terms of BB looks (despite networking/emails/applications) and having most progress with other MM firms.  I am in the first around with a couple other MMs currently - do I take the ECM IB SA role, or roll the dice all summer gunning for direct IB at other MM shops?  The SA opportunity is with a solid firm and I trust the MD in ECM (former coverage banker) is going to help me migrate to IB if that’s the path I want over time. Is tough to know exactly what to do at age 19….thanks WSO.  Pay is the same at 110-115 annualized for summer and ECM is part of IB at this firm. 

1 Comments
 

Culpa fugit sed nobis eum sit ut. Nihil quisquam voluptatem temporibus quidem in tenetur quia maiores. Provident aliquam et quia ut tenetur aut cumque ipsa. Culpa qui accusamus blanditiis. Delectus asperiores quo voluptate non.

Autem illum eum recusandae reiciendis voluptatem aut quis. Voluptas aut illum quia porro. Rerum et quae quaerat similique fugit itaque autem. Aut aperiam debitis molestiae quidem est non. Est ab porro hic asperiores mollitia.

Voluptatem sed ea quia provident voluptatem blanditiis. Expedita aut accusantium deserunt consectetur aut a. Hic suscipit esse aut accusantium tempore non.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 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 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $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...”