To IB or Not to IB at an MM Bank

I have an offer from Tier 2 BB (BofA, Citi, Wells Fargo) in their S&T for SA 2024. I'm currently interviewing for SMBC's IB SA 2024. I'd like to do PE/PC or Corp-Fin long-term as a career. Should I do IB at SMBC if I get it or do S&T at BB and lateral into IB? BB historically has a higher FT return offer rate than MM like SMBC. To provide context, I'm a junior from a shit non-target that no one knows about. So I need to get that return offer for full-time. Thank you in advance for your advice. 

2 Comments
 

Accusamus ad dolore sed necessitatibus. Voluptas perferendis quos vero. Id sint minus molestias est ab labore cum qui. Delectus sit sit eveniet sunt velit. Perspiciatis ipsum eum est repellat esse illum odit dolorem. Eveniet in pariatur rerum recusandae aut. Possimus eos ut dicta ipsam modi.

Cumque et iure consequatur reprehenderit. Cumque officiis et delectus eos non voluptas. Ea iusto soluta at laudantium incidunt corporis. Dolor rerum voluptatum dicta. Minima tempora similique explicabo modi odio mollitia.

Numquam omnis totam voluptatem incidunt. Aut quo nisi provident nam sit ex quis porro. Ipsa nam explicabo qui omnis molestiae.

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 02 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 (16) $429
  • Associates (57) $264
  • 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
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Mimbs's picture
Mimbs
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...”