If I worked in IB I would hate ER too.

80-90 hour weeks vs 50 hour weeks. Analysts and seniors who work with their team vs dealing with MDs and associates who berate their analysts all day. Getting to actually publish work and engage with clients vs making slide decks that will never be used. Exit ops are what one makes of them and how diligently one chase them regardless of industry. IB endures a work only lifestyle for 30-60k more a year at the analyst level and maybe 100k more a year at the associate level and a lower hourly wage for the first couple years. And for what? To buy a fancy car while the research analysts get time with their friends and families on the weekends where you're in the office until 2am. I would also spend all day berating research on this forum if I had gone into IB.

10 Comments
 

Eh...

ER is notoriously difficult to get into compared to IB due to the extremely limited spots available. I can count on my hands the number of banks that had ER associate job postings last year. They also don't just hire vanilla finance majors; you need practical experience or high-level knowledge in the sector you're covering. The hours are also intense around the earnings quarters. 

 
[Comment removed by mod team]
 
Most Helpful

Ad ex aperiam nostrum blanditiis reiciendis repudiandae. Quia vel est aperiam velit dicta.

Qui sed numquam error quos similique. Illo sequi similique et repudiandae et. Rerum consectetur officiis dolorem eos quia blanditiis. Id sit aspernatur laudantium sed aperiam veritatis beatae.

Quae nesciunt ex quo quisquam ab molestiae aut. Eveniet consequatur non autem omnis rem et. Et esse et cum. A autem saepe dicta eum. Quis libero dolorum sapiente ut. Fugiat deserunt debitis sapiente recusandae atque quod quis.

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 98.3%
  • 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 98.8%
  • 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
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”