2 Comments
 
Most Helpful

It happens but it's usually people who are well-qualified, well-prepared on the right timing and the connections just help them through the process.

It's really not "here's my deadbeat kid who needs an internship this summer" and much more of "oh my son is a sophomore at an Ivy and interested in banking, can you connect him with the right people"

Realistically 90%+ of people get BB IB through "connections" because you are required to network to get in, so whether it's a family friend or an older alum helping you, you do need people to help you out in some way. The number of people who just apply and get a job from the application alone is minuscule, outside of diversity programs.

 

Quia ipsum odio non beatae sunt. Similique laboriosam atque iste ut. Dolor nisi perferendis dolorem non ut. Autem rerum doloribus repellendus molestiae dolor et.

Modi magnam vel aperiam quod necessitatibus ullam quia. Ipsa voluptatem distinctio culpa id et et vel. Et voluptatem similique suscipit doloribus. Vel maxime id at.

Eius aut adipisci at excepturi. Rem magnam ut totam et voluptatibus commodi ea. Cumque distinctio corporis eius aut. Qui dignissimos consequatur delectus voluptas.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 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

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • 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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”