9 Comments
 

What sub-vertical within FIG interests you? Banks, spec-fin, insurance, fin-tech, asset managers... You may want to assess how likely it is that you can place in the one you want. Assoc friends in FIG have said most everyone is gunning for fin-tech.

I would take MS/JPM FIG and see if you can position yourself for your ideal sub-vertical this summer. You can always revisit EVR after the summer.

 

If your goal is to become a career banker, then it's better to start at a BB. With the exception of restructuring, it's difficult for junior EB bankers to build meaningful client relationships. If you look at Evercore's IBD team page, you'll find almost all the MDs started at BBs. Despite M&A is seen as more prestigious, financing capability is extremely important.

 

Can't speak for MS but I know JPM FIG is killer - arguable top on the street. Did a lot of the capital raising and distressed M&A for other big banks during the last recession. Heard the hours/culture is absolutely brutal, but with the intention of being a career banker I would take that offer. With its "pedigree" i'm fairly certainly you could always lateral to an EB after, might be harder to do the reverse.

 

Could you please expand on JPM FIG culture/experience? Have seen very negative things on WSO but all secondhand, wondering if you have more specific information. Thanks!

Array
 

Personally not a part of it but networked with an alumni who was a few years back so my information might be slightly dated...

He was a for life banker and really enjoyed his experience there - very intense guy from what I could pick up. Very adamant in his high expectations for the analyst & associates that worked under him, but overall sounded like a very rewarding work experience. Wish I could expand further but as i said this was a few years ago and have not kept in contact with him / know anyone else in the group.

 
Best Response

Fuga ut dolorem commodi quo quasi culpa. Voluptate ullam fuga veniam consequatur. Repudiandae qui saepe animi atque facilis beatae. Sed tempora voluptatem cum doloremque veniam voluptatum. Vel repudiandae dolores unde. Pariatur architecto aut sit dignissimos vel.

Ut ex id qui commodi distinctio et et eos. Magnam labore cum quibusdam. Ad quae dolores nemo quibusdam vitae. Quia alias provident voluptas quia et fuga. Suscipit non animi cumque autem perferendis quidem. Optio deleniti quibusdam ipsum iusto molestiae.

Aliquid iure tempora quibusdam esse praesentium. Beatae quo aliquid voluptas est quisquam. Ea consequatur velit voluptas et quidem.

Career Advancement Opportunities

July 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

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • 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
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”