33 Comments
 

IP, do you think comp structure will be much changed for barcap IBD analysts? Much of the talk in the news has been of either senior bankers or S&T analysts. There was a Bloomberg article from november that talked about potential looming layoffs at barcap that was troublesome.

People tend to think life is a race with other people. They don't realize that every moment they spend sprinting towards the finish line is a moment they lose permanently, and a moment closer to their death.
 

yeah... um... anyway MJP338, first year S&T bonuses typically look like $60,000 and 2nd years ball-park $80,000.

If your bank is putting its first years on the year-end cycle right away, then you can expect something like $30,000

And yeah, they come out in a few weeks.

That's how 1st and 2nd year numbers always look (there is no shift in income from "floating to fixed" at that level)

 

id bump that down like 20-25% this year as comp pools are down at most shops. we've already been told the pool is down in that ballpark and ive heard the same from friends at other banks. we havent gotten #'s yet though

 
analyst26id bump that down like 20-25% this year as comp pools are down at most shops. we've already been told the pool is down in that ballpark and ive heard the same from friends at other banks. we havent gotten #'s yet though

Nah.... first year bonus pools are the least volatile bonus number at most firms... because in some cases, its decided even before the kids start. I'm willing to bet (a lot) that they aren't gonna drop the number from 60k to 45k for first years... unless u work for Morgan Stanley lol

 
FXTrader
analyst26id bump that down like 20-25% this year as comp pools are down at most shops. we've already been told the pool is down in that ballpark and ive heard the same from friends at other banks. we havent gotten #'s yet though

Nah.... first year bonus pools are the least volatile bonus number at most firms... because in some cases, its decided even before the kids start. I'm willing to bet (a lot) that they aren't gonna drop the number from 60k to 45k for first years... unless u work for Morgan Stanley lol

hahahah zing!

 
randombetch^Why what happened at MS?

google Morgan Stanley Bonsus 2010 to see what we are talking about.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

I'm not incredibly optimistic if that makes you feel better.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 
creditderivatives
RevslyI'm not incredibly optimistic if that makes you feel better.

lol keep your bonus in British Pounds and hope to make up the difference

Haha I will, but the pound sucks right now. Fortunately though that's actually a good thing since the numbers are dollar denominated.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 
Omoba De Jonz OI'm hearing rumors of £15-18k stub (6 months) for first years in a certain BB in London, but numbers aren't out yet so it's just mindless speculation.
IMHO if true and given a decent second half bonus that's not too bad considering the significant raises in base etc.

If I remember correctly 3 years ago base was 36k or 38k for FO

 
JimYoung
Omoba De Jonz OI'm hearing rumors of £15-18k stub (6 months) for first years in a certain BB in London, but numbers aren't out yet so it's just mindless speculation.
IMHO if true and given a decent second half bonus that's not too bad considering the significant raises in base etc.

If I remember correctly 3 years ago base was 36k or 38k for FO

Yup went from 36 to 42 to 45 in almost no time, and I heard rumors that Barcap will raise first year base to 50 this year. If true, I'd expect other banks to follow suit.
 

can someone just tell me why people on this forum would still sell their mother to work at Morgan Stanley? its performance in S&T is the worst of all the BB's. its very strange to me, they have been dramatically under performing for 2 years, yet no one seems to notice or care. are people that enamored with brand name that they don't look at performance at all anymore? seems like allot of people are going to get a wake up call when they start working.

 
awm55can someone just tell me why people on this forum would still sell their mother to work at Morgan Stanley? its performance in S&T is the worst of all the BB's. its very strange to me, they have been dramatically under performing for 2 years, yet no one seems to notice or care. are people that enamored with brand name that they don't look at performance at all anymore? seems like allot of people are going to get a wake up call when they start working.

I'm also curious about this, as I'm in IBD and am curious to learn more about MS' S&T rep. All I've heard so far is that MS S&T is good in commodities and equities.

 
awm55can someone just tell me why people on this forum would still sell their mother to work at Morgan Stanley? its performance in S&T is the worst of all the BB's. its very strange to me, they have been dramatically under performing for 2 years, yet no one seems to notice or care. are people that enamored with brand name that they don't look at performance at all anymore? seems like allot of people are going to get a wake up call when they start working.
For IBD, the franchise is still there. For S&T, new analysts probably just latch onto the prestige, and hope MS's ill fate will undergo a turnaround in the next few years, putting them in a good position when things get good again.
 
Best Response
awm55can someone just tell me why people on this forum would still sell their mother to work at Morgan Stanley? its performance in S&T is the worst of all the BB's. its very strange to me, they have been dramatically under performing for 2 years, yet no one seems to notice or care. are people that enamored with brand name that they don't look at performance at all anymore? seems like allot of people are going to get a wake up call when they start working.

They are still solid in IBD, Prime Brokerage, Equities, and Commodities, but absolutely suck ass for the rest of FICC (I guess FIC technically). People can still accept MS because it is still a BB with a strong alumni network. Unless the product is something you absolutely want to do, any BB S&T offer is better than a MS FIC offer.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 
MJP338It's worth nothing that MS is not only solid in COMMOD but along with Goldman, far and away the best. GS and MS own the COMMOD market.

hmmm... I thought MS already divested their commodity desk because of Volcker rule... I asked someone from MS FID the other day. He confimred it. so, whats your source that "GS and MS own the COMMOD market"?

 

All in for me this year was $150k, I did however take 1 month off for the world cup, missed the first 2 weeks of training, missed 2 days of work waiting in line at Apple, missed 2 days when I got arrested, 2 days for a bachelor party & took 14 sick days.

 

Et doloremque magni incidunt. Odit suscipit dolores sit inventore sunt.

Molestiae ut nihil accusamus magni non omnis. Sint incidunt explicabo dolores. Voluptates odio odit amet qui. Modi assumenda omnis sequi et officia libero consectetur. Impedit nemo asperiores enim cumque reiciendis molestiae pariatur. Et sint qui nam reiciendis vitae.

Voluptatem dolorem molestiae tempore dolores aut. Sequi quis temporibus hic architecto aliquid. Nostrum cupiditate nisi facilis vero unde aut id.

Animi similique ratione id sed quibusdam et quis. Assumenda facere qui laudantium optio. Veniam est voluptatem totam quae.

If I had asked people what they wanted, they would have said faster horses - Henry Ford

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (73) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
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...”