18 Comments
 
Bullet-Tooth Tony

Tough call. PJ is doing very well in HC right now, but the group is a sweatshop. If you don't land in HC, you are at a disadvantage.

I'd probably go HW or HL. MDs are strong at each, so really it comes down to fit and if you were more comfortable at either.

Keep in mind HC is split in 3 groups at Piper. Health services, medtech, and biotech. Services probably gets worked the hardest, though all 3 do work decent hours.
 
Best Response
NuclearPenguins Bullet-Tooth Tony:

Tough call. PJ is doing very well in HC right now, but the group is a sweatshop. If you don't land in HC, you are at a disadvantage.

I'd probably go HW or HL. MDs are strong at each, so really it comes down to fit and if you were more comfortable at either.

Keep in mind HC is split in 3 groups at Piper. Health services, medtech, and biotech. Services probably gets worked the hardest, though all 3 do work decent hours. Nothing out of the ordinary though for being in IB, really.

Isn't Biotech in SF? It is well known that piper is a sweatshop. There is a reason it has the highest turnover of any MM IB in MPLS. Putting in 100 weeks is often because of slow turns on materials, partly due to a larger than normal gap in the middle. When you have to stay til 4am every night to pull some bullshit comps and buyer profiles, that is face time.

Hell Piper has even made UHG a sweatshop by implementing its culture.

 

Enim optio sapiente sit nostrum iure eos. Quo architecto voluptatem velit illum aut voluptatem. Minima quas tempore quos et. Amet sint aut eaque eos necessitatibus. Et sequi et sed laborum id aliquid praesentium. Et nemo tenetur occaecati beatae ad.

Laboriosam labore non sed ratione sint aut. Perspiciatis consequatur vel ea reiciendis.

Totam tempora ad sapiente impedit. Facilis beatae necessitatibus optio tempora. Et recusandae repudiandae aliquam assumenda voluptas. Inventore voluptate totam ut ea et et dolores voluptatem.

Facere minus id facere fugit laudantium ducimus iure. Mollitia laboriosam quia sit praesentium voluptas corporis excepturi. A corrupti nisi dignissimos odit sed inventore. Alias harum numquam non iure.

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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
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...”