Investment Banking Company Statistics - As of December, 2023

These statistics are based solely on the user submissions to the WSO Company Database for employment during 2021, 2022, 2023. 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.
Hardest Interviews (1) (2)
What bank has the hardest interview?
Firm
YoY Δ
Percentile
Qatalyst Partners
No
99.4%
PJT Partners
05
98.8%
Moelis & Company
01
98.2%
Financo
08
97.6%
Evercore
No
97.0%
Lazard Freres
05
96.4%
Greenhill
05
95.8%
Tudor Pickering Holt and Co
06
95.2%
Leerink Partners
No
94.6%
Intrepid Investment Bankers
07
94.0%
CohnReznick Capital
01
93.5%
LionTree Advisors
04
92.9%
Ducera
07
92.3%
Houlihan Lokey
05
91.7%
Guggenheim Partners
06
91.1%
Centerview Partners
06
90.5%
Financial Technology Partners
02
89.9%
Marathon Capital LLC
New
89.3%
J.P. Morgan
16
88.7%
Rabobank Group
07
88.1%
Stout Risius Ross
05
87.5%
Perella Weinberg Partners
02
86.9%
Goldman Sachs
05
86.3%
JPMorgan
02
85.7%
RBC Capital Markets
04
85.1%
DC Advisory
08
84.5%
Lazard, Inc.
04
83.9%
Macquarie Group Limited ABN
New
83.3%
TD Securities
05
82.7%
Morgan Stanley
No
82.1%

Percentile calculated only based off of investment banks that received at least two interview insights (168 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
Cascadia Capital LLC
01
99.4%
Lincoln International
01
98.8%
Harris Williams & Co.
No
98.2%
Piper Sandler
13
97.6%
Truist Securities
No
97.0%
William Blair
01
96.4%
Duff & Phelps
01
95.8%
KeyBanc Capital Markets
04
95.2%
Rothschild
01
94.6%
Jefferies & Company
01
94.0%
Raymond James Financial Inc.
13
93.5%
BNP Paribas
06
92.9%
Wells Fargo and Company
04
92.3%
Guggenheim Partners
01
91.7%
PJ SOLOMON
06
91.1%
Banco Santander
New
90.5%
JMP Group
02
89.9%
Deutsche Bank
New
89.3%
Lazard Freres
11
88.7%
Credit Suisse
01
88.1%
RBC Royal Bank of Canada
07
87.5%
Canaccord Genuity
04
86.9%
Cowen Group
New
86.3%
Centerview Partners
New
85.7%
Robert W. Baird & Co.
02
85.1%
Citigroup
New
84.5%
Cambridge Wilkinson
01
83.9%
Société Générale
16
83.3%
Greenhill
New
82.7%
BMO Capital Markets
03
82.1%

Percentile calculated only based off of investment banks that received at least two interview insights (168 total firms). See Methodology FAQ below for more information.

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.

Prepare for Your Investment Banking Interview

Professional Growth and Career Opportunities - 263 Investment Banks

Overall Employee Satisfaction (1) (2)
Overall how satisfied are you working for this company?
Firm
YoY Δ
Percentile
Lincoln International
07
99.6%
William Blair
01
99.2%
Stephens Inc
14
98.9%
Moelis & Company
22
98.5%
FMI Corporation
New
98.1%
Robert W. Baird & Co.
04
97.7%
Morgan Stanley
05
97.3%
Financial Technology Partners
06
97.0%
Jefferies & Company
11
96.6%
Rabobank Group
New
96.2%
JPMorgan
04
95.8%
Duff & Phelps
07
95.4%
Brown Gibbons Lang and Company
New
95.1%
Lazard Freres
New
94.7%
TD Securities
01
94.3%
National Bank Financial Markets
02
93.9%
Canaccord Genuity
04
93.5%
Bank of America Merrill Lynch
05
93.2%
Evercore
12
92.8%
Credit Suisse
04
92.4%
J.P. Morgan
New
92.0%
PwC Corporate Finance
New
91.6%
Harris Williams & Co.
New
91.3%
Houlihan Lokey
04
90.9%
Macquarie Group Limited ABN
16
90.5%
BNP Paribas
New
90.1%
Banco Santander
New
89.7%
UBS AG
New
89.4%
MD Global Partners
New
89.0%
Berenberg Bank
11
88.6%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (263 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
Lincoln International
No
99.6%
Lazard Freres
16
99.2%
Financial Technology Partners
03
98.9%
Jefferies & Company
02
98.5%
Stephens Inc
New
98.1%
William Blair
01
97.7%
UBS AG
14
97.4%
Morgan Stanley
No
97.0%
JPMorgan
02
96.6%
Credit Suisse
04
96.2%
Bank of America Merrill Lynch
08
95.8%
Perella Weinberg Partners
05
95.5%
Houlihan Lokey
03
95.1%
Moelis & Company
New
94.7%
Citigroup
10
94.3%
Goldman Sachs
03
94.0%
BNP Paribas
07
93.6%
TD Securities
08
93.2%
Rothschild
09
92.8%
Evercore
16
92.5%
PwC Corporate Finance
12
92.1%
Brown Gibbons Lang and Company
New
91.7%
Robert W. Baird & Co.
11
91.3%
RBC Capital Markets
09
90.9%
Deutsche Bank
02
90.6%
Canaccord Genuity
New
90.2%
FMI Corporation
New
89.8%
Barclays
01
89.4%
HSBC
New
89.1%
Piper Sandler
New
88.7%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (265 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
Lincoln International
No
99.6%
Lazard Freres
New
99.2%
William Blair
15
98.9%
Jefferies & Company
01
98.5%
Stephens Inc
New
98.1%
Financial Technology Partners
04
97.7%
UBS AG
16
97.4%
JPMorgan
No
97.0%
Morgan Stanley
02
96.6%
Credit Suisse
01
96.2%
Bank of America Merrill Lynch
07
95.9%
Duff & Phelps
06
95.5%
Moelis & Company
New
95.1%
Houlihan Lokey
01
94.7%
TD Securities
05
94.4%
Goldman Sachs
No
94.0%
Rothschild
07
93.6%
Evercore
13
93.2%
RBC Capital Markets
05
92.9%
Deutsche Bank
04
92.5%
Robert W. Baird & Co.
04
92.1%
PwC Corporate Finance
09
91.7%
Citigroup
New
91.4%
Perella Weinberg Partners
04
91.0%
BNP Paribas
New
90.6%
Brown Gibbons Lang and Company
New
90.2%
BMO Capital Markets
06
89.8%
Macquarie Group Limited ABN
09
89.5%
Truist Securities
02
89.1%
Harris Williams & Co.
New
88.7%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (266 total firms). See Methodology FAQ below for more information.

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
Firm
YoY Δ
Percentile
Allison-Williams
New
100.0%
Ducera
New
100.0%
Incentrum Group
No
100.0%
Berkery Noyes
No
100.0%
Barrington Research
No
100.0%
Arlington Capital Advisors
No
100.0%
FMI Corporation
New
100.0%
Hammond Hanlon Camp
New
100.0%
Miller Buckfire
02
95.0%
Centerview Partners
No
90.0%
BBVA Compass
No
90.0%
Olsen Palmer
New
90.0%
Carnegie Investment Bank AB
01
90.0%
Stout Risius Ross
New
90.0%
Cambridge Wilkinson
02
90.0%
B. Riley & Co.
02
90.0%
William Blair
No
87.7%
Robert W. Baird & Co.
New
87.1%
Piper Sandler
New
85.8%
TD Securities
05
85.6%
Wells Fargo Securities
02
85.0%
Bowen Advisors
New
85.0%
National Bank of Canada
01
85.0%
PJT Partners
08
84.4%
Evercore
New
83.5%

Simple average based off of investment banks that received at least one intern offer data point (159 total firms). See Methodology FAQ below for more information.

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 - 263 Investment Banks

Feedback (1) (2)
Feedback you receive about your job performance?
Firm
YoY Δ
Percentile
Lincoln International
01
99.6%
Banco Santander
01
99.2%
William Blair
01
98.9%
Lazard Freres
New
98.5%
Robert W. Baird & Co.
02
98.1%
Stephens Inc
New
97.7%
FMI Corporation
New
97.3%
Credit Suisse
05
97.0%
BNP Paribas
03
96.6%
Brown Gibbons Lang and Company
New
96.2%
Société Générale
10
95.8%
Jefferies & Company
02
95.5%
Rabobank Group
New
95.1%
Financial Technology Partners
New
94.7%
Canaccord Genuity
07
94.3%
Houlihan Lokey
07
93.9%
PwC Corporate Finance
13
93.6%
Berenberg Bank
09
93.2%
TD Securities
01
92.8%
Morgan Stanley
04
92.4%
HSBC
New
92.0%
Moelis & Company
New
91.7%
UBS AG
04
91.3%
JPMorgan
04
90.9%
PJ SOLOMON
15
90.5%
Credit Agricole
New
90.2%
Evercore
22
89.8%
Guggenheim Partners
17
89.4%
Rothschild
22
89.0%
Piper Sandler
02
88.6%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (264 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
Lincoln International
01
99.6%
Banco Santander
01
99.2%
Lazard Freres
New
98.9%
Canaccord Genuity
13
98.5%
Rabobank Group
New
98.1%
William Blair
No
97.7%
FMI Corporation
New
97.4%
Stephens Inc
New
97.0%
BNP Paribas
09
96.6%
Perella Weinberg Partners
04
96.2%
Credit Suisse
10
95.8%
PJ SOLOMON
07
95.5%
Morgan Stanley
15
95.1%
Société Générale
New
94.7%
Duff & Phelps
07
94.3%
Jefferies & Company
07
94.0%
Truist Securities
02
93.6%
National Bank Financial Markets
04
93.2%
Berenberg Bank
09
92.8%
Financial Technology Partners
New
92.5%
Moelis & Company
New
92.1%
PwC Corporate Finance
New
91.7%
Citigroup
New
91.3%
Houlihan Lokey
New
90.9%
Brown Gibbons Lang and Company
New
90.6%
RBS Royal Bank of Scotland
New
90.2%
National Bank Financial Group
23
89.8%
Scotiabank
02
89.4%
Robert W. Baird & Co.
16
89.1%
Wells Fargo and Company
10
88.7%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (265 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
William Blair
02
99.6%
Lincoln International
08
99.2%
Canaccord Genuity
05
98.9%
Rabobank Group
New
98.5%
Stephens Inc
New
98.1%
Robert W. Baird & Co.
02
97.7%
FMI Corporation
New
97.3%
Credit Suisse
05
97.0%
PwC Corporate Finance
08
96.6%
Duff & Phelps
01
96.2%
Jefferies & Company
08
95.8%
Macquarie Group Limited ABN
No
95.5%
Moelis & Company
New
95.1%
Banco Santander
New
94.7%
Morgan Stanley
No
94.3%
Brown Gibbons Lang and Company
New
93.9%
J.P. Morgan
New
93.6%
Deutsche Bank
New
93.2%
Bank of America Merrill Lynch
05
92.8%
Nomura Holdings
10
92.4%
Houlihan Lokey
New
92.0%
Raymond James Financial Inc.
04
91.7%
Guggenheim Partners
02
91.3%
JPMorgan
New
90.9%
RBS Royal Bank of Scotland
New
90.5%
B. Riley & Co.
New
90.2%
Financial Technology Partners
09
89.8%
MD Global Partners
New
89.4%
Credit Agricole
New
89.0%
BMO Capital Markets
New
88.6%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (264 total firms). See Methodology FAQ below for more information.

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.

All Company Specific Reviews Available

Compensation - 263 Investment Banks

Best Pay (1) (2)
Your compensation compared with similar jobs elsewhere?
Firm
YoY Δ
Percentile
Financial Technology Partners
03
99.6%
William Blair
01
99.2%
Lincoln International
11
98.9%
Moelis & Company
13
98.5%
Jefferies & Company
No
98.1%
Lazard Freres
12
97.7%
Perella Weinberg Partners
No
97.3%
Evercore
07
97.0%
Robert W. Baird & Co.
03
96.6%
Rothschild
02
96.2%
Guggenheim Partners
No
95.8%
Credit Suisse
01
95.5%
Bank of America Merrill Lynch
03
95.1%
Harris Williams & Co.
02
94.7%
JPMorgan
07
94.3%
TD Securities
New
93.9%
Wells Fargo and Company
04
93.6%
National Bank Financial Markets
09
93.2%
PJT Partners
17
92.8%
Houlihan Lokey
No
92.4%
Morgan Stanley
02
92.0%
UBS AG
New
91.7%
Goldman Sachs
04
91.3%
Canaccord Genuity
No
90.9%
Piper Sandler
03
90.5%
LionTree Advisors
New
90.2%
Leerink Partners
New
89.8%
Deutsche Bank
New
89.4%
Stifel Nicolaus and Company, Inc
New
89.0%
Citigroup
New
88.6%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (264 total firms). See Methodology FAQ below for more information.

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 - 263 Investment Banks

Best Communication (1) (2)
Communications from management about important issues and changes?
Firm
YoY Δ
Percentile
Lincoln International
No
99.6%
Stephens Inc
No
99.2%
William Blair
02
98.9%
Robert W. Baird & Co.
04
98.5%
FMI Corporation
New
98.1%
Jefferies & Company
04
97.7%
Canaccord Genuity
22
97.4%
Morgan Stanley
07
97.0%
Duff & Phelps
09
96.6%
Brown Gibbons Lang and Company
New
96.2%
Rabobank Group
New
95.8%
PwC Corporate Finance
09
95.5%
Moelis & Company
01
95.1%
Lazard Freres
New
94.7%
Arma Partners
New
94.3%
DNB Markets
No
94.0%
BNP Paribas
New
93.6%
Financial Technology Partners
New
93.2%
Macquarie Group Limited ABN
01
92.8%
Bank of America Merrill Lynch
03
92.5%
JPMorgan
New
92.1%
TD Securities
No
91.7%
Nomura Holdings
New
91.3%
Evercore
11
90.9%
Wells Fargo and Company
No
90.6%
MD Global Partners
New
90.2%
Harris Williams & Co.
No
89.8%
Banco Santander
04
89.4%
RBC Capital Markets
New
89.1%
Natixis
16
88.7%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (265 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
Lincoln International
No
99.6%
William Blair
01
99.2%
Financial Technology Partners
02
98.9%
Stephens Inc
24
98.5%
Banco Santander
01
98.1%
Natixis
10
97.7%
PwC Corporate Finance
10
97.4%
Jefferies & Company
12
97.0%
J.P. Morgan
New
96.6%
FMI Corporation
New
96.2%
Morgan Stanley
16
95.8%
Robert W. Baird & Co.
05
95.5%
Canaccord Genuity
03
95.1%
Lazard Freres
New
94.7%
Moelis & Company
New
94.3%
Duff & Phelps
New
94.0%
Rabobank Group
New
93.6%
Macquarie Group Limited ABN
06
93.2%
JPMorgan
11
92.8%
Brown Gibbons Lang and Company
New
92.5%
Rothschild
No
92.1%
Bank of America Merrill Lynch
01
91.7%
Citigroup
New
91.3%
BNP Paribas
New
90.9%
Nomura Holdings
04
90.6%
Evercore
15
90.2%
UBS AG
New
89.8%
Credit Suisse
New
89.4%
Roth Capital Partners
New
89.1%
PJ SOLOMON
16
88.7%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (265 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
Lincoln International
03
99.6%
Financial Technology Partners
No
99.2%
Banco Santander
10
98.9%
Stephens Inc
New
98.5%
William Blair
02
98.1%
Canaccord Genuity
14
97.7%
Lazard Freres
New
97.3%
Jefferies & Company
06
97.0%
Robert W. Baird & Co.
03
96.6%
Rabobank Group
New
96.2%
FMI Corporation
New
95.8%
TD Securities
12
95.5%
Moelis & Company
New
95.1%
Evercore
05
94.7%
Morgan Stanley
04
94.3%
MD Global Partners
New
93.9%
PwC Corporate Finance
10
93.6%
Duff & Phelps
03
93.2%
PJ SOLOMON
14
92.8%
Deutsche Bank
New
92.4%
Brown Gibbons Lang and Company
New
92.0%
J.P. Morgan
New
91.7%
Bank of America Merrill Lynch
02
91.3%
BNP Paribas
New
90.9%
JPMorgan
02
90.5%
WBB Securities
New
90.2%
UBS AG
New
89.8%
Roth Capital Partners
New
89.4%
National Bank Financial Markets
New
89.0%
Berenberg Bank
12
88.6%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (264 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
Lincoln International
No
99.6%
Stephens Inc
20
99.2%
William Blair
06
98.9%
Banco Santander
03
98.5%
Canaccord Genuity
10
98.1%
Moelis & Company
13
97.7%
Jefferies & Company
06
97.3%
Financial Technology Partners
03
97.0%
Leerink Partners
New
96.6%
Robert W. Baird & Co.
No
96.2%
Morgan Stanley
06
95.8%
Rabobank Group
New
95.5%
Lazard Freres
New
95.1%
FMI Corporation
New
94.7%
Berenberg Bank
12
94.3%
PwC Corporate Finance
New
93.9%
Duff & Phelps
13
93.6%
J.P. Morgan
New
93.2%
PJ SOLOMON
13
92.8%
Houlihan Lokey
New
92.4%
Bank of America Merrill Lynch
05
92.0%
Brown Gibbons Lang and Company
New
91.7%
National Bank Financial Group
02
91.3%
Evercore
12
90.9%
National Bank Financial Markets
New
90.5%
TD Securities
New
90.2%
Goldman Sachs
09
89.8%
JPMorgan
01
89.4%
Rothschild
15
89.0%
Deutsche Bank
New
88.6%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (264 total firms). See Methodology FAQ below for more information.

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.

Thousands of Interview Questions Available by Firm

Reputation - 263 Investment Banks

Proudest Employees (1) (2)
Company as a place you are proud to work?
Firm
YoY Δ
Percentile
Stephens Inc
12
99.6%
Lincoln International
01
99.2%
Lazard Freres
24
98.9%
Morgan Stanley
03
98.5%
JPMorgan
03
98.1%
Robert W. Baird & Co.
01
97.7%
Canaccord Genuity
13
97.4%
Moelis & Company
09
97.0%
William Blair
05
96.6%
Rothschild
06
96.2%
Jefferies & Company
04
95.8%
Goldman Sachs
03
95.5%
Bank of America Merrill Lynch
03
95.1%
Financial Technology Partners
15
94.7%
Houlihan Lokey
01
94.3%
PwC Corporate Finance
15
94.0%
FMI Corporation
New
93.6%
BNP Paribas
08
93.2%
Evercore
13
92.8%
Société Générale
New
92.5%
Mediobanca
New
92.1%
TD Securities
01
91.7%
J.P. Morgan
New
91.3%
UBS AG
New
90.9%
Guggenheim Partners
New
90.6%
Perella Weinberg Partners
05
90.2%
Macquarie Group Limited ABN
16
89.8%
Rabobank Group
New
89.4%
National Bank Financial Markets
New
89.1%
Barclays
11
88.7%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (265 total firms). See Methodology FAQ below for more information.

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 - 263 Investment Banks

Time Off (1) (2)
Management support for needed time off?
Firm
YoY Δ
Percentile
Banco Santander
No
99.6%
Lincoln International
06
99.2%
Natixis
01
98.9%
FMI Corporation
New
98.5%
William Blair
05
98.1%
Robert W. Baird & Co.
09
97.7%
Rabobank Group
New
97.4%
Duff & Phelps
05
97.0%
Truist Securities
09
96.6%
BNP Paribas
13
96.2%
Canaccord Genuity
05
95.8%
Credit Agricole
17
95.5%
Credit Suisse
07
95.1%
HSBC
07
94.7%
Leerink Partners
New
94.3%
Intesa Sanpaolo
New
94.0%
Macquarie Group Limited ABN
04
93.6%
TD Securities
New
93.2%
PwC Corporate Finance
05
92.8%
Nomura Holdings
03
92.5%
Capstone Partners
02
92.1%
Société Générale
New
91.7%
BMO Capital Markets
02
91.3%
Citigroup
04
90.9%
Morgan Stanley
New
90.6%
Jefferies & Company
New
90.2%
Lazard Freres
New
89.8%
Deutsche Bank
New
89.4%
CB Capital Partners
New
89.1%
MD Global Partners
New
88.7%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (265 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
Banco Santander
01
99.6%
Natixis
01
99.2%
FMI Corporation
16
98.9%
William Blair
07
98.5%
Rabobank Group
10
98.1%
Lincoln International
23
97.7%
Macquarie Group Limited ABN
01
97.3%
Duff & Phelps
04
97.0%
PwC Corporate Finance
17
96.6%
Capstone Partners
No
96.2%
Intesa Sanpaolo
New
95.8%
MD Global Partners
New
95.5%
Société Générale
04
95.1%
Credit Agricole
02
94.7%
HSBC
10
94.3%
Brown Gibbons Lang and Company
New
93.9%
BNP Paribas
13
93.6%
CB Capital Partners
No
93.2%
TD Securities
New
92.8%
Canaccord Genuity
08
92.4%
Credit Suisse
New
92.0%
Robert W. Baird & Co.
New
91.7%
BMO Capital Markets
New
91.3%
Truist Securities
New
90.9%
Nomura Holdings
New
90.5%
Berenberg Bank
21
90.2%
MUFG
New
89.8%
RBS Royal Bank of Scotland
04
89.4%
Wells Fargo and Company
13
89.0%
Perella Weinberg Partners
New
88.6%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (264 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
TM Capital
New
99.6%
Seabury Group
01
99.2%
Kempen
01
98.9%
Cappello Global
New
98.5%
Ramirez and Co
New
98.1%
The Opes Group
21
97.7%
VTB Group
02
97.3%
Messier Maris & Associés
02
97.0%
FINNEA Group
02
96.6%
Olsen Palmer
New
96.2%
Gravitas Securities Inc
New
95.8%
Montgomery & Co.
No
95.5%
Vaquero Capital
No
95.1%
China Securities
New
94.7%
Haywood Securities
No
94.3%
Software Equity Group
New
93.9%
Valitas Capital Partners
New
93.6%
Incentrum Group
01
93.2%
ABG Sundal Collier
18
92.8%
Eastdil Secured
No
92.4%
Berkery Noyes
02
92.0%
Investec
03
91.7%
Copper Run Capital
03
91.3%
Sino HK Capital Limited
04
90.9%
Edgemont Capital Partners
New
90.5%
Essence Securities
04
90.2%
Citic Securities
New
89.8%
The Sage Group
New
89.4%
Maybank Investment Bank Berhad
New
89.0%
Forbes Mergers and Acquisitions
New
88.6%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (264 total firms). See Methodology FAQ below for more information.

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?
Firm
YoY Δ
Percentile
Morgan Stanley
No
90.0
Livingstone Partners
New
85.0
Stephens
04
85.0
CapM Advisors
04
85.0
Lazard
04
85.0
EC Mergers and Acquisitions
04
85.0
AGC Partners
04
85.0
Hammond Hanlon Camp
21
82.5
Financial Technology Partners
09
81.9
Harris Williams & Co.
07
80.4
Moelis & Company
New
80.1
Stifel Financial
New
80.0
DBO Partners
10
80.0
Black Arch Partners
New
80.0
MTS Health Partners
No
80.0
Berenson and Co
11
80.0
PJT Partners
01
79.8
Centerview Partners
New
79.7
Edgemont Capital Partners
New
79.4
Agentis Capital
06
79.3
Brown Gibbons Lang and Company
09
79.2
Raine Group
No
79.0
TM Capital
New
78.8
Crosstree Capital Partners
New
78.8
GP Bullhound
New
78.8
Robert W. Baird & Co.
13
78.5
Arma Partners
13
78.3
Vaquero Capital
03
78.3
LionTree Advisors
02
78.1
Qatalyst Partners
New
78.0

Only includes investment banks that received at least three submissions with hourly data (195 total firms).

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.

Thousands of Interview Questions Available by Firm

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.