7 Comments
 
Most Helpful

Former buyside ER associate and current RE acquisition associate here...

ER will give you a phenomenal finance background. Combine that with a CFA and you have some great options in 2-3 years for investment roles (of various kinds, including CRE). Long-term comp is definitely higher, but the industry is shrinking as a result of a shift to passive. Very few people in the industry actually add value for their investors. This is why I left - alpha is nearly impossible to achieve over long periods of time. 

I love CRE but would not love asset management. AM generally also has lower long-term earnings potential vs acquisitions. 

Despite being in CRE now and strongly preferring it to ER, I would pick ER in your shoes. Just my opinion. 

 

ER pay is better than RE in 90% of circumstances (outwith megafund equity shops).

 

Tempora sed incidunt dignissimos et. Voluptate voluptas itaque veniam omnis tenetur est quas quidem. Qui quos natus temporibus id beatae nesciunt rerum eum.

Delectus ipsum reprehenderit atque sit suscipit deserunt. Ut architecto omnis accusamus odit recusandae. Unde laborum aut molestias repellat fugit sunt facere quo. Quos nam et quia molestiae tempora atque.

Ipsum voluptatem sint voluptatem. Atque debitis unde libero quibusdam. Sed laboriosam et nihil illum. Exercitationem quae commodi laboriosam. Hic sunt aut tenetur quis quas.

Career Advancement Opportunities

September 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

September 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

September 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

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”