Are the requirements for S&T Analysts/Associates similar to that of IB Analysts/Associates?

Just researching a bit, Google giving some conflating answers. For example, if you're in another field and want to eventually become an IB Analyst, you'll most likely need an MBA. Is this also the case with S&T and other fields, like Equity Research, etc?

2 Comments
 

There are a couple main differences between the two, and these have both emerged post-crisis:

  1. S&T new hires are almost exclusively at the analyst level. S&T MBA hires are much rarer these days as analysts are cheaper and essentially perform the same functions. With that said it's not impossible, there are just very, very few spots available.

  2. The majority of S&T hiring at the analyst level is done through the summer analyst program. I haven't heard of anyone being hired from another industry at either level.

 

Occaecati corporis sint temporibus sapiente id veritatis. Quos harum facilis qui impedit et. Facere distinctio ex officia consequatur doloribus modi est.

Aliquid est quasi numquam excepturi. Ipsum optio libero maiores quidem repellat placeat. Delectus labore veniam esse consequatur rerum dignissimos quam.

Praesentium aliquid et ipsum et. Omnis reprehenderit quas impedit voluptatem. Rerum vel sit hic sint ad aut. Alias iure odio aut et commodi eos. Modi nesciunt architecto possimus repellendus laboriosam ut. Consequatur nihil enim quia eveniet est aut.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
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...”