Desk Strat 2020 Offer

Hi everyone,

I recently obtained an offer to start full time as a desk strat at a mid-tier BB bank (i.e. NOT GS, JPM, MS). I will be entering directly out of undergrad, and was just curious as to what compensation for a first-year analyst should look like in this role. Additionally, what type of exit opportunities will exist in this role moving forward? Are systematic/quantitative HFs still interested in sell-side strats looking to make the transition to the buy-side?

Thanks for your time and Happy New Year.

2 Comments
 
Most Helpful

Illo quas suscipit cum molestiae voluptatem. Et hic officiis rerum quia culpa minima consequatur. Dolores quia atque mollitia perferendis. Architecto dolorem omnis officiis fuga esse. Dolor eveniet illo provident ut. Ut quia perferendis ut cumque.

Iure sit nostrum et beatae sint. Minus quos voluptatem eveniet temporibus rerum. Non facere dolorem ea tempora ut.

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 12 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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
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...”