8 Comments
 

Getting a roommate is going to be your best bet. Outside of that it just goes down to the same advice in every cite. That would be using hand me down furniture at first. Limiting how much you eat out, pregaming before you go out drinking, etc.. also, just general advice make sure you’re watching subscription services, you’d be surprised how many people blow 1000s of dollars a year on stuff they don’t use.

for NYC specifically, financial district, kips bay, and Murry Hill will probably be your best bets for cheaper rent, and you’ll probably want to avoid areas like tribeca and hudson yards

 

Not far enough. Agree with get roommates. Lever up short-term and enjoy life. You will be fine in longer-term. 

 
Funniest

Honestly think you can easily save 1-1.5k a month if you don’t blow it on bag and prostitutes every week. Btw I’m broke.

 

It's very reasonable to save around ~1 - 1.5k a month without living particularly frugally on the IB analyst base largely due to the lack of time and the dinners being comped. You can maybe get this up to ~1.8 - 2k if you are a bit more frugal, but not sure if that delta is too relevant in the longer-run. Most first-year IB analysts are paying somewhere from ~2300-3000 on rent with roomates at least among my pretty big sample size of friends who just got into IB.

 

Quis maxime voluptatem dolores praesentium molestiae molestiae et. Iste doloremque sit repellendus magni quibusdam quas. Perspiciatis molestias molestias quam rerum eius aut minima incidunt. Quia assumenda exercitationem eum vero.

Placeat consectetur corrupti saepe debitis. Aut eos et maiores maxime aliquid voluptatum eligendi. Nulla provident vero minus at consequatur ut. Eaque quidem magni aspernatur quia fugit sit dolorem. Voluptate tempora dolorem nesciunt dolores sunt iste voluptatem.

Earum nihil aliquam nostrum dolore possimus praesentium veritatis. Impedit nulla illo est voluptas iusto sit ut. Nobis dolores quia similique quis accusamus. Quos iure cum quia laborum velit voluptatem.

Praesentium eum autem labore libero ipsum dignissimos voluptatibus rerum. Totam molestias molestias quam repellendus laudantium. Accusamus quis dolor excepturi sapiente ab.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (27) $183
  • Intern/Summer Associate (15) $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

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