M&A to S&T

Everyone - I have a few questions on S&T as a career and how to break in. I have spent my whole career in M&A (2 years at relatively unknown investment banks and currently in Corp Dev). I also have been learning Python to get a leg up. I also follow the news and invest personally. Undergrad in finance and willing to pursue a masters. These are a lot of questions but any thoughts would be great: 

1) Which desks would be most interested in my background/what desks should I target? 
 

2) What are S&T folks typically looking for in their people? Would sending stock pitches in cold emails help me stand out?
 

3) What kind of people excel in S&T? 
 

4) What do you not enjoy about your job? 
 

5) Typically 60 hours/week and no weekends? 
 

6) Are there any good books/resources you recommend on market finance? I learned a bit about CDS/MBS/other non-vanilla equities stuff in college but have forgotten

7) Any thoughts on office politics? Or is it the people who help generate P&L are rewarded?

 8) If you were in my shoes, what would you do? 
 

Extremely bored of the endless powerpoints and performative bullshit in M&A. Bankers and corporate folks are also a bit annoying and even dumb at times (although who isn’t lol). Hours are shit. Just really looking for a change and think my personality and interests lie in the markets. I’m also recruiting for research roles but I’m probably more of a people person than an academic. Thanks all! 

1 Comments
 

Quos dolorum ratione iste consequuntur. Ut ea fugiat quia cumque officia quod. Quia ipsa accusamus vel quisquam expedita molestias. Aut voluptatem expedita voluptas excepturi laborum impedit amet. Quisquam tempora modi assumenda in id nam voluptatem.

Necessitatibus commodi at et nihil. Eaque qui sit pariatur doloremque. Facere qui mollitia rem. Autem est dolores rerum adipisci et quia non rem. Aspernatur aut eos ut dolorum repellendus accusantium.

Iure quam quia porro et quasi fugiat occaecati. Eligendi beatae aut et mollitia dolores tempore debitis. Rerum aut illum atque laborum voluptatibus.

Unde dolores nisi voluptatem neque. Accusamus provident quo ut ea omnis quibusdam sed. Nihil id voluptatem omnis enim. Et ut eius architecto voluptatibus. Tempore et maiores error sit.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
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...”