What was the point of Ivy League? Major Regret and Depression

Hi everyone, 

I attended Wharton for undergrad, did a MF PE analyst program in New York, and now am an associate at the same firm in the London office. 

I attended Wharton because of my interest in finance and the reputation the school has for being the top in the world. It cost me $120,000 to attend. 

Being in the London office, I am working with people from all over the world. My colleagues come from schools like Oxford, University of Sydney, and various other schools spread out amongst Europe. 

After talking with them, I realized a few things… 

1) Their schools are extremely cheap to attend. The most expensive was Oxford, which cost $45,000. This is a third of what it cost to attend Wharton. 

2) Their college experience was easier. They take one exam at the end of each year. This is in contrast to the constant quizzing, exams, and homework that I went through at Wharton. 

3) The only people at my firm who have heard of Wharton are the other Americans. My European colleagues have only heard of Harvard. Again, I was under the impression that Wharton was a top business school so this came as a massive surprise to me that people working in the finance industry had never even heard of it. 

I feel extremely depressed thinking back to college. It makes me extremely upset thinking about how much me and my family paid to attend Wharton. I feel like I was completely lied to about the benefits of Wharton and Ivy League in general. I don’t feel like I have benefited from the alumni network, the brand of the school, or the curriculum itself that was taught. I have been constantly depressed about it and have been suffering severe regret. 

I know this is a finance forum and not a therapy session, but I just felt like I needed to vent. I’ve been extremely down the past months and haven’t been able to pull myself out of it. Thank you for listening. 


 

You're ~4 years into your career and are constantly depressed / severely regretting where you went to UG? If you are feeling spited over the $120k you / family paid for Wharton, help pay your family back... you're a MFPE associate. Not trying to diminish your post / way you feel, it just strikes me as odd that your coworkers not having heard of Wharton (which seems...doubtful, if you're really at MFPE) and the tuition you paid are making your spiral like this.

You have a great career ahead of you, don't focus so much on what's behind

 

You landed a MF PE offer, how was the decision not a wild success?

In a high finance career $120K is a drop in the bucket when you have career earnings potential in the millions or 10's of millions; pay your parents back with interest in the future if you feel so bad

This is the most ridiculous first would problem I've ever heard. The work was harder? You'll be thanking them down the line for the preparation

 
Most Helpful

ok I'm gonna stop you right there and highlight how fortunate you are to have attended Wharton: yes in London you will see people from other UK targets like Oxbridge, Imperial etc, hell even Warwick will pop-up more than a few times and will make you question why the hell you paid so much for Wharton if you could break in from much cheaper places but this is flawed reasoning. UK recruitment doesn't work off of OCR, we have to go through online testing, multiple interviews/hirevues etc and ultimately, as there isn't much of a concept of resume pushing at BB/EB, there's huge degree of uncertainty in the London recruiting process. Even attending Oxbridge, you gotta be on the ball with applying early, making sure your on societies and can do enough practise to pass online tests each bank does. And then there's the impact of randomness that is less prevalent at top US schools as I have seen people at HYP/Wharton put in minimal effort for networking and still land decent MBB/EB gigs. Banks come to you at top US targets to court you, interview you and push your CV; its leagues different to how it is in the UK. For every 5 LSE people you see, 15-30 didn't make the cut

Sure banks come visit campus but its usually for generic talks, the power of recruiting from them is much weaker. Wharton also has the strongest buyside recruiting network out of undergrad in the world imho - your Oxbridge counterparts probably had to push through the deluge that is the shitshow of london sellside recruiting, do an IB stint and then lateral over. Your school is one of the best in the world, saying their college experience is easier is tone-deaf since at Oxbridge at least many courses require them to write 5000 word essays every week (and they don't even get credit for this) - many europeans in finance have certainly heard of Wharton and would kill to go there, unsure what's with your colleagues tbh but obviously Europeans will have a stronger understanding of their own schools. Unsure why you recruited for London/work in London though, seems many undergrads/new hires in Europe tend to want to go to the US for higher pay and better opps but to each their own.

TLDR; Wharton made recruiting for MF PE much easier than most Oxbridge hires, even if it was more expensive.

 
Controversial

OP here, and actually I’m gonna stop you right here. 

Based on your post history you’re a college student who failed to break into the finance industry at all and are still waiting on your A levels. I have no idea why your entire post history consists of you giving out career and salary advice given that you don’t even have a job. 

Secondly, I have no idea how you know what recruiting is like at US colleges for MBB/EB careers considering, again, that you’re a British citizen who has never lived, studied, or worked in the US. 

Lastly, I transferred to the London office due to better firm culture, an international experience, and to further build out our European network after being asked by the partners at my fund. I know your biggest concern is the “increase of pay” you get from working in the US, so I fully understand why you don’t realize the intricacies and dynamics that come with managing an actual PE career besides just the salary that comes with it.

TLDR; You’re a student who couldn’t get a job in the industry. Stop posting advice like you actually work in finance. 

 

Couldn't get a job in the industry..? You realise i haven't actually recruited yet right? -In fact every pre-university pipeline from BB to prop trading I've applied to I've managed to get onto so I'm already on the track but that's neither here nor there. Like I'm actually confused if you understand how recruiting works in the UK because you somehow think getting into PE out of undergrad isn't exceptional (and was only doable because you went to a top-rated school in the US). I give advice because I'm well read and have mentors/people I know in the USA (who are actually the people helping me prepare for the first part of recruiting in the UK) who have been kind enough to explain how recruiting works over there compared to London. Didn't realise you had to live in the US to understand how recruiting/reputation there works - but by using this moronic logic wouldn't that also explain why EUROPEANs might not have heard of Wharton either and so it shouldn't reflect poorly on the school at all? - Not that this is the case at all because yk, you don't need to eat shit to realise it probably doesn't taste great... I'm not verified, if anyone takes my advice without a grain of salt then they deserve to fail , I can only say what I know and people are free to agree/disagree with me. 

My biggest concern isn't increase of pay, nor did I suggest it was for you, but many people would think twice before moving somewhere they know they'll take a salary hit so wondered why you would want to leave since you'd undoubtedly have reasons for doing so more important than money. All you had to say was: yeah firm culture better in London. That would have been it. I'm sorry you're depressed and I hope that gets better for you but I don't think you really understand how much Wharton has helped you to get where you are and how much it can help you in the future. Oxbridge grads don't even get into MF PE out of undergrad, whether or not that justifies paying how much you did is up to you, I just wanted to put your story into context. No need to cry about it.

 

Can someone explain to me why OP is getting flamed so hard for this comment? 

I thought OP made a pretty concise original post that explained in detail why they weren’t happy with attending Ivy. And then this other user wrote a long post… explaining how recruiting in the UK works?

Just find it odd how the user who went to Wharton and is at a MF PE is getting flamed for calling out a university student. Like, shouldn’t we be encouraging experienced users rather than flaming them this hard?  

Not trying to start an argument, I’m only a first year analyst myself, just sayin…

 

You are without a doubt the whiniest fucking person I've seen on this sub. You're pitching a bitch fit over paying a bunch for Wharton and starting at a MF right out of undergrad? You've made enough money at this point to pay off all your loans and then some with reasonable saving, full stop. Holy fuck talk about entitled.

 

I'm from the UK and I would have killed to go to Wharton. 

 

The benefits of the alumni network increase exponentially over time. Even if you don't feel this way today, Wharton will open doors and get you meetings you might not have otherwise gotten so easily.

The corollary is that you must maintain your network, don't just expect that everyone is dying to blow you and give you a million dollars because your resume says Wharton. Create relationships, use the strength of the name to your benefit.

 

I can address at least one point here. My older brother went to Oxford (we live in the US and me and my other brothers went to Ivy League schools/MIT/Stanford). He said the key difference with them was that those European schools are very very focused on academics. Yeah, it might be one final exam, but you spent so much time studying for it. You don’t really get time to play sports or pursue extracurricular activities, as you can in American colleges. I played a sport in college, and was able to join a fraternity, join finance clubs, recruit, get good grades, and pursue new things like rock climbing, through hiking, painting, etc. I know this isn’t the point of your post, but I just wanted to clear up some confusion around going to schools abroad.

Anyways. I think it’s weird for you to say this a couple years into your career. It might be because you’re in London, I think it would be different if you stayed domestic. Personally, I wouldn’t trade my college experience for the world.

 

I was super poor and grew up on food stamps and got a 1580 on the SAT by using borrowed prep books from the library. I wanted to go to Wharton - they rejected me. I went to a low ranked extreme nontarget and spent countless hours on hundreds of networking emails and applied to everything I could before breaking into a BB. Most people wouldn’t open my email or help me out, simply because of the name of the school on my resume. Going by test scores, I was just as smart as the Ivy League kids, but since I didn’t have the elite credentials, almost no one in banking would give me a shot, much less MF PE. Because the reality is your school brand is just that important, and there’s doors that are closed unless you go to top schools. $120,000 for Wharton is one of the best investments you can make, and if you’re too dumb to see the countless intangible and tangible benefits that it’s given you, that’s on you buddy. 

 

no shit. My ECs were not elite and I was not diversity and no connections. Anyone above a certain threshold, lets say 1450 SAT/4.0+ weighted GPA could do fine in an Ivy but who gets admitted is a different story 

 

Aww you had to go to Wharton? That's so sad bro... lemme pour one out for you

 

I went to a private school in a developing country - so while I had a cushy upbringing, I was surrounded by people who didn't.  My school was big into charity and service to the community so for one events for school credit, we had to go visit the AIDS hospice and the nursery with the AIDs children.  They, despite being doomed to death within a few years, appeared to have a more positive attitude than you.

 

This has to be be one of the more ridiculous posts I’ve seen. I am not sure why you care about how people view Wharton at this stage in your career. If you really feel bad about how much your family paid for Wharton, then maybe you should put your money where you mouth is an pay it back to them—we all know you can afford to with your job (which you were able to get because of Wharton). 
 

Hindsight is 20/20. Wharton has given you significant optionality and you are just on one of the many paths that Wharton opened up for you. What if your peers wanted to do MF PE in US? It would probably be a lot more difficult for them. Also, you have some survivorship bias because you are only seeing the successful ones from those schools. With your logic, even your peers education is a scam and waste of money because you could have dropped out of college and founded a multi billion dollar startup. I thought people from Wharton were more intelligent. 

 

Hi OP, I know you’re getting roasted by everyone in here but I thought I could contribute since we have similar backgrounds. 

My background: Attended Ivy for undergrad (not Wharton), did a MF PE analyst program, but decided to go the hedge fund route rather than staying in PE.  

Personally, I don’t feel like attending Ivy League made much of a difference in my life. The reason I say that is because at each stage of my career I’ve worked with kids who came from State Schools, Flagship Publics, and various smaller schools. What I’ve come to realize is there’s a lot of paths that eventually all lead to the same place.

Does this mean you should break down and regret the specific path you took? I don’t think so. But I do think it’s great that you made this post. I think more students should be aware of how many different paths to success exist and that attending college in the US, especially an expensive Ivy League, isn’t the end all be all of things. 

Nonetheless, if you want to PM each other I’d be happy to. Would be great to compare our PE experiences and can talk a little more about our careers up to this point. 

 

I am going to have to disagree with this.

"There are a lot of paths that led to same place." This is true, but if the "place" is MF PE, 80%+ of the paths leading to that place start from an Ivy League school and top IB. I worked at GS / MS, and the kids from better schools with higher GPAs had a significantly easier time recruiting compared to the kids from non-targets with low GPA despite being no better at the job. Analysts from top school with high marks were being bombarded with invites to recruiting breakfasts, MF superdays (w/o even applying), etc.

I think Nassim Talebs description of "alternative histories" is quite enlightening. Sure you might see a state school kid at MF PE, but in most alternative histories, that kid probably would not have ended up at MF PE. However, the kid at MF PE from Ivy school and top bank, probably would have still ended up at MF PE or UMM PE in most alternative histories.  

 

I just don't understand this mindset- I went to a different top ivy and ended up at a less prestigious job than you (non-top IB) and I still don't understand this mindset at all. 

Sure, I work with kids who graduated from Ohio State or whatever random school. But these kids from non targets are literally the top of their class from that school and have networked their ass of to get where they are. I was drunk all the time and got straight Bs, and I promise you if I went to a non target I would've had no chance of landing an IB gig. Like someone else mentioned, it's survivorship bias. Just because it is theoretically possible to get to whatever job from a nontarget school, your odds are obviously way better from wharton.

You work in PE so let's do some risk analysis... if 1 kid from OSU in a class of 10,000 goes to MFPE and 10 kids from a wharton class of 600 go to MFPE, are these two schools the same because both place into MFPE? 

 

Incorrect inference IMO. Pretty much every guy at wharton is gunning for the IB/MFPE roles. At OSU, probably select few. 

 

There are over 1000 kids per class at Ohio State Fisher, and you are so ignorant to think that only a "select few" are trying to reach what many consider the apex of finance? Lmfao, yeah, the kids in the business school at non-targets have no idea about and no desire to work at MF PE or a hedge fund. Try interacting with normal people for a change.

 

Find satisfaction outside of your career and education. I think it’s actually fortunate that you’ve seen multiple avenues to where you currently are. It should follow, then, that other experiences you’d like to have are not as limited as you might think. It won’t ‘cure’ your depression, but you might enjoy life a bit more.

 

Thank you for saying this. What you said about how other experiences aren’t as limited as I thought is really resonating with me. It did genuinely make me smile reading that. I appreciate this a ton. 

 

This person is either a troll or a horrible person. 120k is half the cost of what Wharton costs, you make hundreds of thousands of dollars a year, and you're complaining that a few of your colleagues don't know the name of your school? Then, you shit on someone for trying to offer positive advice by saying they don't know anything and aren't cut out for finance. I wish nothing but the worst for you.

 

Probably gonna get hit with MS but who cares. 

I, for one, am completely ashamed at these comments. It’s absolutely embarrassing that a finance forum is bashing OP for getting a MF PE job. The OP’s post seemed like a criticism of the investment into Wharton. Along with a realization that they could have gotten the same job by going to a cheaper, and perhaps more enjoyable, undergrad. 

I personally find this post fascinating and would love to have more insight into this. The majority of us are college students or analysts so I genuinely have no idea why you all decided to gang up on someone who is living the dream most of us are chasing. 

To OP, sorry about all the college students and interns who drowned you with monkey shit. If you’re still here, idk why you would be tbh, could you potentially give more insight into what undergrads you’re seeing represented, and perhaps insight into what it’s like working at a MF PE?

Thank you if you do! 

 

OP is criticizing Wharton with the power of hindsight and his anger is about Wharton being too difficult and not prestigious enough in UK. College should be fun, but you're also there to learn. The time it took to pass a difficult class is still nothing in comparison to the hours IB / MF PE demand.

There are people from all schools across IB and PE. However, most people are still from ~10 schools. Same goes for PE. Undergrad "prestige" and GPA were pretty crucial when it came time for MF PE recruiting. Especially given how early recruiting is, a lot of it seemed to come down to (1) what bank are you at (2) what university did you attend and (3) what grades did you get.  

 

OP here. What on earth are you talking about?

I thought the complete opposite. I thought the curriculum at Wharton was extremely subpar compared to the education my colleagues received at European universities. I thought Wharton should have been way more academically focused and less socially focused.

Secondly, when did I mention prestige? I don’t care about prestige? I care that the Ivy I dropped $120,000 on isn’t carrying the same weight that it was touted to carry by the reps from the school. This has nothing to do with “prestige” or bragging about undergrad, I truly don’t care about that. It has to do with severe disappointment in the US higher education system and the absolutely abhorrent price of education not justifying the cost. 

 

It is what it is. This thread has reminded me how trash this site is and why I stopped coming on here once I got hired lol. 

But yeah, I’ll be happy to answer whatever questions you have. Anything specific about PE you want to know? 

 

I would be curious to know if PE really is banking 2.0? Also curious on what made you stay in PE as opposed to moving to hedge fund or other exit opps? And if you have any advice for a first year analyst at a BB on PE recruiting or just general advice you think would be good to know?

Thank you again! 

 

It sounds like your main complaint is that your co-workers won’t suck your dick over your undergrad degree, since A2A MF progression says placement wasn’t the issue. 

Get over it, or build a time machine and apply to Harvard. 

 

I’m relatively certain this is a troll post, but in case it’s not:

1) Their schools are more subsidized by the gov’t. PE types like yourself foot the bill. US is also way more expensive due to the ridiculous extension of basically unlimited student loan debt.  

2) You’re complaining that Wharton wasn’t “worth it,” but also wish you’d learned less / gotten even less bang for your buck, via easier classes, fewer tests?

3) Yeah, internationals only really know Harvard, Yale, and (increasingly) Stanford. This was also the case when you applied ~7 years ago. If it’s that big of a deal, you should have addressed then and / or transferred. 

 

I’m an American citizen and a rising Oxbridge first-year, so I think I can add some perspective to your post.

  1. While it’s true that the complete cost of attendance for Oxbridge is only around $45,000 after converting from £, this price is only available to UK domestic students. As an international student, I’ll be paying more than $150,000 over the course of my undergraduate years, which is more than the $120,000 you paid to study at Wharton. Bachelor’s degrees also only take 3 years to complete in the UK. So, I’ll be paying more for my degree despite receiving one less year of university in exchange. As a result, there’s absolutely no reason for you to regret attending Wharton from a cost perspective.
  1. As other posters have pointed out, academics at Oxbridge aren’t necessarily more laid-back just because Oxbridge students only take one exam per year. While you do take way fewer tests, each test is far more impactful, and as a result, far more stress inducing. Imagine if your GPA for two semesters was based on a single test - that’s the type of pressure that Oxbridge students deal with in the lead-up to final exams.
  1. While it’s possible that some of your coworkers haven’t heard of Wharton, I’m confused on why you’d even care. Your colleagues’ opinion of you should be tied to your job performance and personality, not the name of the institution you attended 4 years ago. And, if it helps, I personally know of multiple UK students at Eton/Harrow who considered Wharton their top choice among both US and UK universities.

tl;dr - Oxbridge is not cheaper, easier, or more well known

 

You’re ridiculous. You went to a top 3 business school worldwide, are working in PE out of uni and are probably making £100-200k a year easily. You lived in the US and now work in London. You’re doing what you want. Stop bitching like a little girl and start realizing how fortunate you are. I literally cannot believe someone is complaining his world class education wasn’t worth the £100k + he’s making. 
 

Disappointing you worked a bit in college ? Less fortunate people will work their ass off for a tenth of the opportunities you had. 
 

Plus, sorry to say but if you compare to other school systems like France (prep school), Hong Kong and Japan, you worked a lot less than these guys. 
 

As for tuition fees, what you’re failing to see it Oxbridge students may have paid £50k for uni, but in London you’re making £80-100k max out of college, not $150-200k like in NYC. Would have assume you have a taste for benchmark and currency conversion after Wharton. If you didn’t want to make big money in the States, stop crying on here, that’s your choice. 
 

The sad thing is that your degree is so important to you to the point of hurting your ego.  The reality is people don’t care where you went to school as everybody is already in the top 1%. Don’t expect people to bow when you enter in the room and treat you like a semi god. 
 

EDIT: I just realised, your family paid for Wharton? So you didn’t even pay anything yourself and your complaining ? Is this a joke ? 

 

Lol accurate. I applied to US and UK unis precisely to avoid French prep school. You pull 80 hour weeks of studying in there. I found my US uni to have a relatively low workload and easy grading which allowed me to play sports, join clubs / frats and party. Friends who went to top UK unis also got worked hard so the grass isn't always greener. Also OP your job prospects coming out of a top US uni are far superior than your EU counterparts' opportunities in terms of comp, career progression potential, exit opps etc.

 

$120k to attend Wharton? Be grateful that you got in and got a sweet heart financial aid package. Most people don’t get shit in financial aid and have to spend years even decades paying off their student loans. This sounds like a troll post tbh.

 

If you attend Wharton, and are qualified, any job in the WORLD (that hires fresh grads) can be accomplished. There are like at most 10 other schools like this. You should be mad at yourself for falling beneath your potential, not for attending one of the best schools out there. 

 

Nope, am 100% white. Also, the entire point of my post was saying that I wish I went to a cheaper/more fun school rather than Wharton. That’s literally the opposite of seeking external validation and caring about prestige. 

And lastly, your comment is pretty disgusting and blatantly racist against Asians. I know you were trying to make a cheap joke and be edgy, but maybe one day you’ll grow up and realize your jokes shouldn’t come at the expense of stereotyping an entire race. 

 

oh god, the amount of privilege in this post is crazy, complains about getting into Wharton and people in the UK not knowing what Wharton is, such an immense critical issue that you are facing

 

Imagine thinking Wharton is more intense than UG at Oxbridge because of the way exams are delivered... the utter ignorance.

 

I just wanted to add a follow up comment so future readers can see this. 

OP sent me a PM and we got into contact. I’m currently a first year analyst in New York and OP arranged for me to have a lunch meeting with a Principal at his PE fund here in the city. 

I have no idea what is wrong with all of you. 99% of the content on this site is from high schoolers and college students. Then when someone who actually works in the industry decides to post, you all do nothing but fling monkey shit, name call, and bombard them with attacks. 

OP deciding to post has led to me getting a meeting which can potentially change my life and career. This is the type of content I come on this site for and am beyond grateful this happened. OP was nothing but helpful, classy, and humble when talking with me. 

You all can go ahead and keep throwing silver bananas at other college students. I hope you all enjoy your imaginary bananas. I’ll enjoy my meeting and actually building my career in real life. A MF PE associate decides to vent on here, and this is how you all react. 

Thank you again to OP and thank you to this site for making this happen for me. 

Go ahead and fling the monkey shit boys. I’m out ✌🏼

 

Sorry I can't understand anything you are saying whilst OP's ballsare lodged in your throat

 

Not really sure this comment is necessary? 
If OP offered to reach out to this user and help them in their career that’s a pretty respectable thing to do and this user shouldn’t be bashed for taking advantage of that. 

 

Yeah, I think you may be underestimating how privileged you sound. Reality is most kids on here would give their left nut to be able to get into Wharton UG and get a job at a MF PE straight of college, so that is why people are getting upset with you. You don't feel like you benefited from the brand or network? As others have said, it is super hard to get MF PE jobs, even if you start by working at a top IB. Your path has definitely been way above average, and you definitely benefited way over what you might have had you, say, attended UVA or something.

As far as benefiting from the curriculum, you may wish that it was harder, but your original post doesn't really express that - you said you are jealous that UK schools are "easier". In general you kind of get out what you put in in terms of learning experiences...

I promise there are people who got WAY more ripped off by their undergrads than you.

 

yeah irrelevant but how did u find the person from university of sydney ? was it what you expected an australian to be like? how adjusted were they being in london

 

Yes, they’re exactly what I thought an Australian would be like. He’s really laid back, likes to go out for drinks when we have time, and is overall a joy to be around. 
 

We actually  talked about how we each were fitting in with British culture. He said he struggled with how “uptight” London is compared to Sydney. He said there’s more urgency and professionalism in London, whereas in Sydney it’s a slower pace and not as much “ego involved”. Said he loved everything else about being in London though so seems like he’s adjusting well. 

 

worst post i've ever seen, but i've got some comments:

#1 if you are comparing the tuition you spent at wharton to the tuition the british spent at Oxford - you're right, you paid a lot more than they did.

but guess what - they are british and you're american.  if you had gone to Oxford you'd pay the international tuition which is 10x what the brits paid (basically same as you paid at Wharton)

same goes for any other intl school.  you're American.  we pay a lot more for college - that's just how it goes.  get over it.

#2 if you think ivy league education pales compared to the best schools internationally, you're just dead wrong.

#3 if you think wharton's finance education is no good, you're also just dead wrong.

#4 if you are sad that your pedigree which is top notch in the US doesn't carry the same weight internationally -- well then you have your choice of:

a) blame yourself for going international without knowing your pedigree will inevitably be less known than in the US

b) stop being a whiny bitch and get over yourself. 

undergrad pedigree is your starting point, nobody f-ing cares about that s*** once you get a few years into your career and you shouldn't care about it anymore either.  if you've made it this far and your pedigree is an impediment, then you suck at what you do.

 

The message to OP is, if envy of someone else’s college experience is enough you throw you into depression…you better toughen the F up.

I don’t care who you are - life is going to throw things at you that are infinitely more difficult than what you’re going thru now.

 

Yea bro, trivialize someone else’s problems just because they don’t fit your definition of what’s socially acceptable to be depressed about. Smh. 

 

I interned with my fund back in undergrad so I knew what the work would look like. Besides that though the role is nothing like what I thought it would be.

Office politics, promotions, bonuses, industry outlook, competence of colleagues, and overall career path are completely different than what I imagined. I’m continuously dumbfounded at some of the things I’ve seen go on at the fund and am constantly amazed at how some people are in the positions they’re in lol. So yeah, the actual work is what I thought it would be, but everything else is completely different. 

 

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Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”

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From 10 rejections to 1 dream investment banking internship

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