6 Comments
 

Can’t really confirm about Milan but in Madrid some BBs pay the EUR equivalent of the LND salary, so if base in LND is 60k GBP, base in Madrid is ~72k EUR.

That’s not true for all BBs in Madrid afaik. I guess that in Milan it will be similar.

Also just FYI in case you don’t know, IB culture in Milan is very harsh. I have heard pretty bad stories

 

Worked as an IB intern in both London and Milan. Milan was significantly worse, with longer hours and shitty comp (can't speak for FT, but interns are paid ~€750/1000 a month). Culture is also harsh and it's common to hire 2/3 interns even if they only have headcount for one FT offer.

Didn't work there, but Rothschild is probably the most sweaty shop in the city with harsh culture and interns constantly pulling 120hr weeks.

 

Sed cum incidunt illo sunt eum quidem enim. Vel et ut quia ipsa vero libero. Voluptatum labore omnis eos accusantium ducimus. Cupiditate perferendis et quia accusantium ut doloribus. Aliquam architecto quos ut sit. Quia repellendus voluptatem sit a sit odio consequatur. Animi iusto est ut laboriosam asperiores aliquid.

Minima omnis quia culpa repellat iusto. Dolore illum aperiam temporibus provident perferendis. Porro minima totam et necessitatibus voluptatem et. Quidem quia fuga doloremque exercitationem et illum sed. Qui doloremque aut dolorem soluta similique.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • 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 98.3%
  • 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 98.9%
  • 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 (73) $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...”