21 Comments
 

For current economic conditions, it has definitely gotta be the commodities desk (think oil & metals) and the equity derivatives desk. Lots of money to be made from all the volatility in pricing.

Personally, I am very much inclined towards the FX desk. Most liquid ever market, with 24 hours trading opportunities. Helps that the central banks of the world are all contributing to uncertainties/volatilities in FX movements (especially the Feds, ECB and BoJ).

 

In equities - derivatives are hot, the market will explode if the ECN's ever get their sh't together but the spreads will collapse. Structured products are hot and lucrative for the firms (and therefore for the traders)

 

Credit Derivatives of all stripes. Very hard to lose money in credit over the past 5 years.

Equity markets are rather dead at the moment. Equity derivatives business is pretty small (relatively speaking). Cash debt is a joke. FX is decent, but no spread. Commodities are white-hot, but traders getted burned daily by the crazy volatility. Wheras credit derivatives have been more steady, but may have more iceberg risk.

 

Odio aliquam ea voluptates veniam consequuntur commodi. Aliquid occaecati quisquam ea qui repellendus. Nihil illo similique ab error.

Tempora vero ut molestias consequatur et. Fugit iure sed in cupiditate. Officia tenetur est tenetur. Voluptatibus ut quo dolores et non voluptatem. Optio aut aut excepturi quia sit.

Itaque numquam a doloremque. Voluptatem impedit vitae sit et sed corrupti velit. Omnis placeat natus delectus minus veniam.

Career Advancement Opportunities

November 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

November 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

November 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

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
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...”