Investment Banking Company Statistics - As of December, 2018

These statistics are based solely on the user submissions to the WSO Company Database for employment during 2016, 2017, 2018. Each company is given an adjusted score using Bayesian estimates, which takes into account the number of reviews for a particular company. For more details, please see the Methodology FAQ below.

Interview Statistics - Investment Banks

Hardest Interviews (1) (2)
What bank has the hardest interview?
(1) Percentile calculated only based off of investment banks that received at least two interview insights (173 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Best Interview Experience (1) (2)
What bank has the best interview experience?
(1) Percentile calculated only based off of investment banks that received at least two interview insights (173 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

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Professional Growth and Career Opportunities - Investment Banks

Overall Employee Satisfaction (1) (2)
Overall how satisfied are you working for this company?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (281 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Professional Growth Opportunities (1) (2)
Your opportunities for professional growth?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (285 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Career Advancement Opportunities (1) (2)
Your opportunities for career advancement?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (285 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Intern Offer Rates (1)
Average percentage of interns receiving full time offers
(1) Simple average based off of investment banks that received at least one intern offer data point (127 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Company Specific Salary and Bonus Data Available

Promotions and Fairness - Investment Banks

Feedback (1) (2)
Feedback you receive about your job performance?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (284 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Best Recognition (1) (2)
Recognition and praise you receive when you do a good job?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (284 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Most Fair (1) (2)
Fairness in how promotions are given and people are treated?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (281 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

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Compensation - Investment Banks

Best Pay (1) (2)
Your compensation compared with similar jobs elsewhere?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (285 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Company Specific Salary and Bonus Data Available

Senior Management - Investment Banks

Best Communication (1) (2)
Communications from management about important issues and changes?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (281 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Best Teamwork (1) (2)
Information and knowledge sharing withing company?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (285 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Best Leadership (1) (2)
Leadership abilities of senior management?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (285 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Competence (1) (2)
Competence of senior management?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (285 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

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Reputation - Investment Banks

Proudest Employees (1) (2)
Company as a place you are proud to work?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (284 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Recommended (1) (2)
Company as a place you would recommend to others to work?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (284 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Company Specific Salary and Bonus Data Available

Life Style - Investment Banks

Time Off (1) (2)
Management support for needed time off?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (281 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Best Work/Life Balance (1) (2)
Employer support in balancing between work life and personal life?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (281 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Most Average Hours Worked (1)
How many hours do you work an average?
(1) Only includes investment banks that received at least three submissions with hourly data (270 total firms).
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
Worst Work/Life Balance (1) (2)
Employer support in balancing between work life and personal life?
(1) Percentile calculated based off of adjusted score only for investment banks that received at least one vote (281 total firms). See Methodology FAQ below for more information.
(2) The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.
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Methodology FAQ

How often is this data updated?
The rankings are constantly changing and evolving based on additional data we collect every day. The graphs and tables use the data from YTD and the prior 2 years. See tabs located above on this page to access previous year rankings.
Why do the average compensation numbers look so low?
Remember that the compensation you are accustomed to hearing for top performers in the top groups in New York is well above the average for cities around the world. The compensation average graphs are a global average which includes regional cities and groups that bring the average down. If you would like company and group specific compensation data, please visit the WSO Company Database.
Where does this data come from?
The compensation, review and interview data comes from WSO member submissions to the WSO Company Database. With over 50,000 submissions to date across thousands of companies, the database is solely a representation of what our members were paid and how they rank companies on various metrics. Please see below for a detailed breakdown of the member statistics for those that have contributed to the database.
What are the percentile rankings based on?
The percentile rankings of companies listed here are based on the current YTD and the prior two years of data for companies that received at least one vote. The simple average scores are converted into an Adjusted Score before the companies are ranked to take into account companies with a smaller sample size. This method uses Bayesian Statistics.
Why do you use Bayesian Statistics to adjust scores?
This methodology is used in order to account for standard deviation in rankings. As a company gets more rankings and data, we have more confidence that the average ranking is a true reflection of reality, so this is reflected in the adjusted scores and Percentile rankings. Learn more about Bayesian Statistics here.
Why don't I see company XYZ?
Some great smaller firms may not be represented in the rankings for the simple reason that we have not collected enough data to represent them accurately or for us to have enough data to display them at all.
What is the geographical representation of the submissions?
The WSO user base is very US-centric with approximately 70% of all submissions coming within the United States of America. Please see the detailed breakdown of the member statistics for those that have contributed to the database. For more company and city specific compensation, please visit the WSO Company Database.