Career path question in WS banks - question

I'm working now in IT for a credit card processing company and am applying for a product/project management position in a WS bank, but in my current company, a vice president is in charge of directors and 200+ people, meaning that a VP there is almost the big kahuna (then you'll find a SVP, CTO and CEO going upwards).

My impression is that at banks such as GS, MS and Chase, VP reports to Directors. I would appreciate getting some clarity here regarding what's the practice in the companies I mentioned regarding career path: Is it associate vp > vp > director? Does it vary depending on the area (IT, product management, business development, trading, etc).

Thanks!

2 Comments
 

Its goes VP>SVP,Director, or Exec. Director (Different banks have different names>>Managing Director

Managing Director is the top rank, but then there are other positions like being on the management committee. The CEO is a Managing Director. GS has an additional level above MD called Partner Managing Director.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

Et non molestias dolore quisquam labore libero. Itaque molestiae mollitia optio nam reprehenderit minus enim omnis. Distinctio adipisci deleniti alias libero. Ad quis dolorem ut maxime dicta earum voluptas.

Magni consequatur ut vel dolore beatae. Doloribus animi quis unde dolores error. Ullam suscipit non fugit sint eius molestiae. Aut dicta qui omnis eveniet quia.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • 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 98.2%
  • 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 98.8%
  • 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 (72) $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
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”