7 Comments
 
Most Helpful

They don't. We don't really have the same restructuring scene as the US. Over here, restructuring is almost fully done by the Big Four accounting firms, who serve as bankruptcy trustees. Our system is just built differently. For some mega-bankruptcies, or cross border restructurings, some boutiques like Greenhill TO will get to work on them,  but there is definitely no dedicated restructuring related role here. 

If you want a more pure RX experience, you could try the RX consulting firms, like Alvarez and Marsal or AlixPartners. I believe they focus more on the operational/strategic side of restructuring rather than pure financial restructuring, which IMHO is very interesting. 

Otherwise, there really isn't much you could do related to RX here. Buyside opportunities are almost non-existent (heck, its even difficult to find a HY debt related role here, let alone distressed debt investing). Maybe bankruptcy law?

 

Not really many insights. The largest CCAA bankruptcies here are almost exclusively worked on by the Big Four or Alvarez/Alix. I doubt KSV is gonna be paying you much lol. If I had to guess, out of uni it would probably be like above 50k but below 90k. That's borderline poverty comp in Toronto LOL.

If you're really interested in Rx, you gotta gun for US based shops (i.e. HL, PJT, EVR), or spend two years in banking here, do your MBA at a top school in the US, and pray you get into those same boutiques.

 

Cum dolor qui vel. Sit adipisci quaerat aperiam rerum dignissimos quibusdam molestiae ipsum.

Debitis dolores voluptatem illum dolor et ipsam. Occaecati consequatur voluptas est adipisci dolor. Aliquam nam temporibus repudiandae ut tenetur. Architecto rerum et nisi ab. Est facilis quo dolores magni et laudantium. Sit sed neque ea rem adipisci minus.

Consequatur expedita iure earum nostrum ut nesciunt. Commodi voluptas nulla et. Odio quos enim in hic veniam.

Career Advancement Opportunities

October 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

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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

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