Valuation vs. M&A

Two offers:

  1. valuation firm, pretty legit but not top 4, writes some textbooks that are used for CPA exams and in B-school classes, nice pay rate 70% of salary I'd get at a BB over the summer.
  2. small M&A practice (only a few senior bankers and myself) within a financial services company most people probably don't know even does M&A, really low pay rate.

Which sets me up better for the fall? Really, how much will doing the valuation firm prevent me from doing IB later cuz I might want to go HF, PE or IB come fall.

I'm concerned about M&A levels at BB's in fall and whether or not they'll even be hiring, as I feel like coming from a no-name M&A practice my only shot at getting into BB is doing what I'd have directly relevant experience in, and if BB M&A isn't in a hiring mood/only wants to give offers to their SA's, I'm SOL whereas valuation firm might not pigeon-hole me so much (or may be completely useless)... Help?

Just in case it's relevant, 3.7 at target.

0 Comments

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 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

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...”