The Credit Industry

I'm hoping someone on here can tell us about credit. What is the typical path of someone in credit? Like is a "credit analyst" role equivalent to an "investment banking analyst" role? Are you able to exit to a distressed fund following this role? How does compensation differ? What about W/L balance? Is it less competitive? When are recruiting timelines usually? Why is there no credit forum on WSO?

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Nov 13, 2021 - 4:00pm

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Total Avg Compensation

December 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (40) $360
  • Associates (236) $235
  • 2nd Year Analyst (145) $156
  • 3rd+ Year Analyst (34) $154
  • Intern/Summer Associate (107) $146
  • 1st Year Analyst (514) $136
  • Intern/Summer Analyst (396) $84