Advice for aspiring IB/PE in High School?

Hello, I'm a high school Junior and though I'm early to the process, based on the state that recruiting appears to be these days, I want to learn as much as I can about several things:

1. Best unis to apply for placement particularly at BBs/Elite Boutiques/anywhere which would be a good launchpad for a career that is this competitive? I know that school is not the end-all be-all for this, but of course it is still important. For those currently at selective targets/semi-targets what did you do in order to be admitted? What can I currently do to increase my chances of A. admission to these schools and B. bolster my resume with professional experience? Particularly Duke, can any graduates provide insight into what the resources available for those looking to enter the field are? Any other schools which provide substantial resources to undergrads?

2. In these colleges, what is the culture like when trying to land competitive SA positions and other internships? Are you fighting with your peers tooth and nail for these limited spots or is it significantly easier being among people with the exact same professional aspirations as you? Smaller schools like the CMCs versus large targets like Duke/Berkeley?

3. What misconceptions do students like me typically have about finance that are best to know now? I'm attracted to it largely because I feel like analysis is a strong suit of mine and I genuinely enjoy considering all of the factors involved in transactions/M&A/etc. in addition to my work ethic which I know serves me well in a field like this but I would be lying if I didn't say that salary is a massive pull because I can think of positions which I would prefer to finance simply due to the fact that they are not as difficult to enter, the culture is far less intense, and I would seldom have to work 100 hour weeks. Is compensation for hours and effort a pretty linear relationship in the sector or is it gonna be a bunch of years of taking crap from higher-level coworkers for (relatively) modest pay while conducting rather monotonous duties?

Sorry for the long post and the fact that my lack of knowledge is probably showing. If anyone has read all (or any) of this post and is willing to provide insight then it would be greatly appreciated.

2 Comments
 

Est ipsam ea sed. Nihil adipisci sunt dicta aspernatur. Quae id facere maxime nihil ad nulla.

 

Sint eveniet nemo doloribus deleniti. Doloribus error eos aliquam qui error accusantium voluptatem nobis. Qui et hic commodi. Nemo hic dolore deleniti ducimus nihil quia temporibus. Fuga quia consequuntur vero consequatur sapiente consequatur.

Culpa architecto cupiditate suscipit et repellat enim. Minima nemo consequatur autem quia necessitatibus et earum. Iste sit alias eum. Asperiores quod iure nulla similique temporibus quidem.

Soluta sed ducimus et dolor totam aspernatur. Vero odit exercitationem est qui dicta. Placeat sed maiores in neque. Consequatur ea quisquam similique natus praesentium dolores asperiores quia. Hic quod fugit quia consequatur. Est possimus aperiam doloremque natus.

Ad laudantium porro aperiam eligendi inventore eaque non. Aut perspiciatis quod impedit sint doloremque consequatur quia. Est occaecati sint sint aperiam. Quia temporibus quasi laborum et et. Ut fuga dolorem repellendus necessitatibus tempore aut.

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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”