5 Comments
 

You realise that IB (if that's what you want) means you're dealing with financial statements all the time, right? Building models involves building out financial statements too...

 

Accounting is boring but a solid understanding is necessary for most finance jobs because this is how financial information is recorded and report it. This isn't to say you need to become a bookkeeper, but you need to know how certain economic events manifest themselves on the financial statements, and you must be able to interpret the information given to you.

 
Best Response

My two cents: I will be brutally honest. Seriously you are digging a grave for yourself, if you are saying that you dislike accounting and want to pursue a career in IB or finance. Accounting is the fundamental of IB, although IB does not require you to be genius at it but you need to have a fair grasp of it. After all profit equals revenue minus cost. If you're considering for a Phd. in Accounting then you will need to have a good understanding of Accounting basics and much more.

“It is our fate to be tormented with large and small dilemmas as we daily wind our way through the risky, fractious world that gave us birth” Edward O. Wilson.
 

Laborum vel maiores quidem fugiat impedit totam. Blanditiis minima hic provident eum ipsam qui. Alias doloremque ea dolor dolores. Ipsam sit aut ducimus commodi voluptatem quia consequatur est. Voluptatibus eum laborum nemo molestias labore ut.

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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”