2024 Prestige Ranking of All High Finance Seats (Based off selectivity/prestige/exclusivity, NOT compensation/league tables/exits/size)

Tier Heavens (Nothing beyond) - RenTech, Pershing, Tiger Global, Lone Pine, Viking

Tier Celestial (Above the stars) - Other Tiger Cubs, Bridgewater

Tier Utopia (Among the stars) - Jane Street, Two Sigma, HRT

Tier Moon (Beyond the skies) - Citadel, Point72, Millennium, DE Shaw

Tier Atmosphere (Above the peons) - BX, APO, KKR, Reputable HFs

Tier Skies (At the limit) - CVP, PJT, Other MFs

Tier Mount Olympus (The sky's the limit) - LAZ, JPM, PWP, Q, Top VC/Growth Equity/Private Credit

Tier Mount Kilimanjaro (Greater than most) - EVR, MS, GS, Citi, BofA, UMMs, MBB

Tier Empire (Untouchable by commoners) - Barclays, Moelis, UBS, Guggenheim, Greenhill, RBC, MMs, Average VC/Growth Equity/Private Credit, SWFs, Tier 2 Consulting

Tier Kingdom (The ruling class) - DB, HL, JEF, BMO, Macquarie, Cowen, Piper Sandler, Baird, William Blair, Allen & Co, Mizuho, Nomura S&T/ER, LMMs, 

Tier Town (First among equals) - MM/LMM IBs, Below Average VC/Growth Equity/Private Credit, CRE, Anything Outside New York/London

Tier Village (Commoners) - Regional Boutiques, Barely High Finance (CorpDev/CorpFin/FP&A/TAS/Big 4/AM/Family Office/PWM)

Tier Farm (Untouchable Filth) - Big 4 Accounting, BigLaw, Medicine, Politics, Middle Office. etc

Tier Prison (Barely Human) - Normal Jobs (Teacher/Nurse/Back Office/Sales/Marketing/HR/IT/Software Engineering/Garbage Man/Janitor/Cashier)


I have not ranked certain jobs because I missed them but feel free to suggest their rankings

Accuracy Level (What % Of Rankings I Agree With)

100%
16% (60 votes)
90-99%
4% (14 votes)
80-89%
9% (32 votes)
70-79%
14% (52 votes)
60-69%
7% (27 votes)
50-59%
7% (26 votes)
40-49%
5% (18 votes)
30-39%
5% (19 votes)
20-29%
5% (18 votes)
10-19%
6% (21 votes)
0-9%
23% (87 votes)
Total votes: 374
 

Agreed, I moved from public to private markets in my analyst years, and have no interest in returning. KKR / BX / APO easily sits at the top of the private investing world in terms of "prestige" and I know a few people at those shops who have turned down names like Lone Pine / Tiger because of their preference for private investing.

 

Turning down JPM for GS and buy-side roles is reasonable, I don't think anyone has turned down JPM for EVR or MS (in recent years at least). In fact, the unofficial "holy three" is now GS/JPM + MS, it's been a few years since MS was a clear cut above JPM. EVR isn't even in contention, they're following the path Greenhill went down.

 

Why do you have Tier Heavens twice. Seems like you forgot GS as well. Pls fix.

 

I kind of love posts like this, because it's very easy to see how the 'brand name' financial firms are able to get young people to bend over backwards to work for them (independent of any money considerations).  Prestige really is the easiest way to get smart people to put aside their dreams and work nonstop for you.

 

What would top tier growth/Vc firms be considering there’s so many?

 

You know it's WSO when RBC is ranked too high. Overall dog shit rankings and please make career decisions on more than just prestige prospects. 

 

Congrats on JPM! Also top AMs (Fido / Cap / PIMCO / Wellington) should up there with other MFs in prestige, not next to big4.

 

Why are Laz PWP and JPM above GS MS and EVR at least try

 

Quant hedge funds and market makers are not prestigious. They are a bunch of nerdy beta males who don't lift and can't dress. High comp sure, but low prestige.

 

Dont put rentech in the same sentence as the Market makers.... equivalent to comparing a MM bank to PJT RSSG

 

So, where would a middle-office role at a firm like Bridgewater, Pershing, or Citadel land in these rankings? @LowCaliberTalent

 

To put anything on the same level as Rentech (or the other private quant funds) is almost laughable IF your giving equal weighting to selectivity/prestige/exclusivity. The selectivity and exclusivity of these funds are shoulders above any of the fundamental funds and the only reason they dont have the same prestige is because 99.99% of people in finance just dont even have the smallest opportunity in ever joining them because they arnt smart enough. 

 

LowCaliberTalent needs to be inducted into the shitposting Hall of Fame. This list is impeccable.

 

Maxime similique est et ad maiores. Aspernatur labore numquam nisi vero minus sunt nihil nihil. At sint facere expedita iusto. Et consequatur dicta hic voluptas.

Consequatur minima eligendi tenetur esse velit qui. Nesciunt id est et quis. Vel incidunt dolores ipsam et velit magni.

Accusamus optio rerum est est eius ipsam velit. Voluptates aut doloremque qui nobis est magnam. Ipsam et non reiciendis commodi ut nostrum.

 

Quia neque non facere. Commodi ea quibusdam quam fugiat velit. Expedita facere recusandae officia sint. Expedita beatae quis at sapiente aliquam soluta temporibus. Molestias hic incidunt quia tempore. Non illum officiis cupiditate autem expedita aut totam.

Qui et nihil et quia. Debitis voluptatem soluta exercitationem iusto recusandae ratione illo. Dolorum necessitatibus dignissimos inventore ut veritatis non.

Ex iusto temporibus fugit dolorem. Vel odit aspernatur non accusamus. Magnam et qui dolor cupiditate in ab. Est harum autem voluptatum aut tenetur. Quis consequatur voluptas quidem et unde debitis explicabo. Illo ea qui quia nostrum qui non. Voluptatibus eligendi inventore incidunt recusandae qui dolorem alias.

 

Et nesciunt ea ab ab libero facere. Porro eum voluptas et et cupiditate qui maiores. Voluptates nostrum sint repudiandae explicabo eum.

Dolorem eius deserunt repudiandae. Adipisci a non magnam assumenda optio. Doloremque nam maxime voluptate non provident.

Non omnis fugiat aspernatur. Quia quasi iusto quia commodi sunt. Sint omnis ut laudantium necessitatibus reprehenderit ipsum. Quis eveniet earum corrupti aut accusantium facere. Ratione explicabo ex sed et aut dolor optio.

Eum repellat vero error voluptas neque aliquam. Rem nemo quasi eaque sunt dolor numquam voluptatum. Numquam quia et eum natus debitis quod.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”