Informative IB Rankings for Recruiting

With recruiting szn around the corner, here is a pretty standard list of "tiers" so you are informed and can make a good decision about where to spend time recruiting. Again, not a dick measuring contest, just some purely informative insight. Pls don't throw monkey shit if I offended you, this is just my opinion of course. PLEASE take this with a grain of salt, but from my understanding these are pretty close and agreed upon, besides maybe the MM.

Bulge Brackets:
Tier 1: GS, MS, JPM
Tier 2: BAML, Barclays, Citi, CS
Tier 3: UBS, DB

Elite Boutiques:
Tier 1: EVR, CVP, PJT, (Q if tech)
Tier 2: PWP, MOE, LAZ
Tier 3: GUG, Roths, GHL, Allen
Tier 4: LT

Middle Markets/"Other Category":
Tier 1: HL, JEFF, RBC
Tier 2: HW, RJ, Piper, PJ, BMO, Blair, Cowen, Macquarie

Feel free to share thoughts & opinions and good luck to all prospects recruiting.

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Comments (17)

  • Analyst 1 in IB-M&A
Sep 16, 2021 - 3:15pm

This is inaccurate. Please for the love of god do not listen to this post-it's going to be group dependent and situation dependent. Only undergrads and insecure kids who hate their job rank banks.

  • Analyst 1 in IB - Gen
Sep 16, 2021 - 3:26pm

Eh…honestly I've seen worse rankings/tiers than this on WSO. Not to say its 100% accurate obviously but still

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Most Helpful
Sep 16, 2021 - 3:35pm

These rankings are too group dependent for tiers to even be useful-I'd put JEFF above every other MM, and HL (non RX) is definitely not a tier above HW/Blair/etc. Think RBC is too high as well. Would also bump Cowen, RJ down a tier but again there's certain groups that are the exception at all places

Roth is also definitely not an EB in the US, would probably be on the same tier as HW/HL/etc but honestly would probably take any of those above Roth in the US

  • Analyst 1 in S&T - Equities
Sep 16, 2021 - 4:22pm

Where do you see RBC here? Can you help me out? Not trying to dog them, but these rankings threads are so stupid...WSO sentiment does not matter.Tables

  • Analyst 1 in IB-M&A
Sep 16, 2021 - 5:59pm

The RBC hype on this forum is ridiculous… it's a mediocre MM bank that does a lot of financing. The RBC interns love to come on here and throw MS though

  • Analyst 1 in S&T - Equities
Sep 16, 2021 - 7:18pm

It legitimately makes no sense…I think it's because they were T10 in tables one year from some large lead left or something. Not there subsequently, but still hyped up. 

  • VP in IB - Cov
Sep 17, 2021 - 12:15am

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