Setting the Record on Exit Opportunities

From my time looking at the S&T industry, one thing that has remained extremely confusing is the exit opportunities available. People are always contradicting each other in forums, and it doesn't seem to be as straightforward as other finance roles. I wanted to ask those of you who have been in the industry, what desks lead to where, which desks to look for if you want to go into the buy-side (HF), which desks are probably a dead-end in S&T, etc. 

Not only would I really appreciate this but I think that it would help everybody who is looking at doing S&T, and helping them plan best for the future. I appreciate any and all help

6 Comments
 

Bump, but it seems like the exit opportunities are the ones you make. 

It's not a set path like M&A's 2 yrs IB + 2 yrs PE + 2yrs MBA + 2 yrs HF.... path. If you know your product & market well enough and have good trade ideas, you can go anywhere that touches that product. 

An FX guy could go to a HF to trade, but they could also exit to an insurance trading desk or do corporate hedging. A fixed-income trader could trade for a macro fund, but they could also do stuff with a sovereign wealth fund. 

 

Bumping this: I had multiple desks I was interested in at my last internship, but had no idea the types of exits/quality of each desk.

 

Ut autem dolore laborum. Dolorem consequatur magnam itaque sunt corporis. Neque vero et ad autem sunt.

Ipsum quia numquam ducimus. Omnis omnis nesciunt ipsa id et et modi nihil. Dignissimos debitis totam molestiae sunt dolorum reiciendis omnis.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”