Comp question
Just wondering, which typically pays more at the undergrad entry level - sell-side ER at a bulge bracket bank, or consulting at MBB?
Thanks in advance.
Just wondering, which typically pays more at the undergrad entry level - sell-side ER at a bulge bracket bank, or consulting at MBB?
Thanks in advance.
+28 | Getting Frustrated | 10 | 1d | |
+22 | What’s my next move? | 5 | 6d | |
+20 | Vanderbilt vs. Notre Dame M.S. in Finance Equity Research placement | 10 | 6d | |
+18 | CS Major looking to switch and break into high finance - is it over for me? | 6 | 1w | |
+18 | Biotech ER vs IB | 16 | 1d | |
+15 | Final Round Never Heard Back? | 4 | 1w | |
+15 | Wolfe Research best coverage verticals 2024? | 13 | 1w | |
+12 | Why is MM ER comp so bad? | 6 | 3d | |
+12 | The Ultimate Non-ER SS Research Guide | 1 | 2w | |
+12 | Manager fired, debating to exit | 5 | 2w |
Career Resources
i think ER at BB. but take my advice with a grain of salt, i'm still in school.
Any front office position in banking will pay more than any consulting position b/c of bonus.
are bonuses for equity research usually significant at BB banks? Even with a base around 65-70K?
sell side ER for sure.
MBB people make 70-80K all year and work far harder than research analysts. Research 1st years pull around the same as 1st years in S&T and slightly less than IB
I agree with big unit, but it depends on the firm and how good your analyst is rated.
1st year ER at a BB should easily do $100k all in. Base pay will be similar to consulting at MBB, but those guys get hardly any bonus. 1st year ER bonus should be ~50% of base, give or take.
Est inventore aut ipsa nobis sapiente occaecati neque et. Magni modi at sunt quia. Earum ut sequi libero fugit voluptatibus voluptas sed. Vel ipsa excepturi saepe molestias.
Autem saepe in rerum nesciunt modi. Aperiam ipsum perferendis ducimus provident consectetur velit. Non quam est reiciendis qui.
Et laudantium tenetur adipisci neque consectetur sit. Rerum voluptatem similique fugit veritatis voluptatem aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...