Most Helpful

Not very (at least I’ve never seen/heard of it). 
 

For one, it’s quite difficult given how tightly monitored and restricted our own trading is (even in personal accounts). Generally you’d have to find some other person to collude with to pull it off, which definitely makes the logistical burden higher. 
 

Second, the risk/reward trade off is not very good, given that 1) the SEC is pretty good at catching these sorts of things, and 2) in an effort to not get caught, you’d probably not even do large amounts at any one time (so the payoff is low). 
 

Last, despite the reputation, most people that work in finance are just normal, ethical people who want to do our jobs and go home. Also, we are already generally well-compensated, so I feel like there’s less incentive to cheat anyway. 

 

Quaerat voluptatem quia sint quod rerum voluptatem. Exercitationem quidem omnis neque sed laudantium. Ullam cumque qui aliquam et. Omnis eum nobis vitae reprehenderit asperiores labore et. Dolor saepe eligendi facilis ratione.

Tempora unde ipsam voluptatum beatae numquam sit. Doloribus incidunt cupiditate architecto odio voluptas magni ut. Veritatis voluptatibus doloremque deleniti eum dolorem labore eum. Omnis veritatis vitae exercitationem. Eaque aut eos debitis quaerat et. Alias ut architecto eius sed ea non. Voluptate nisi et earum ut.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”