S&T Analyst Training Period

What does the training period look like for S&T analysts? Is it desk specific? Do BB firms go into financial modeling? Excel? Or is this a time to simply pass your series exams? I am an incoming analyst and want to get a sense of what the first few weeks/ months look like, specifically within a BB firm. Thank you

3 Comments
 
Most Helpful

I'm also an incoming S&T analyst and I believe it's mostly to pass series exams. They'll go over the basics of financial concepts as well as Excel/PPT/Bloomberg as not everyone is a finance/accounting/econ major (a history major would have to learn all of this from scratch). It's a pretty laid back time where a lot of interns go out, network, and socialize before they hit the desks. Obviously, COVID-19 will change all of that as I assume most banks are shifting to virtual training until the situation subsides.

 

Ut illum voluptatem minima ea eaque. Natus aut cupiditate quia inventore. Labore aspernatur animi eligendi soluta soluta atque enim.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”