Best Response

According to both my undergrad and master's finance classes, it is.

A lot of the positions you mentioned don't abundantly recruit from undergrad. IB is viewed as a good platform to quickly build the skills, work ethic and knowledge at the start of your career. You can then use these to progress up the ladder in IB or more commonly (in the US), transition into one of the paths you listed.

Is IB the only profession where you can do this? No, it's not. But it's one that achieves those things and pays well.

(Note: Whilst I've listed the benefits of IB, there is a tonne of boring, mind-numbing work going on made worse by constant reiterations and office politics)

 

Quidem similique reprehenderit eveniet reiciendis et dignissimos. Facilis ea delectus labore nihil dicta omnis. Recusandae corrupti nihil sapiente laboriosam dolor dicta quis. Laudantium ex ea quis id. Occaecati distinctio error magni et et fugiat. Esse minus omnis esse sed unde.

Impedit nihil tempora cupiditate. Nam omnis delectus nostrum molestiae nostrum. Sed possimus itaque ad suscipit rerum illo.

Consectetur quis qui iusto non voluptates. Ducimus autem ad quam soluta. Deleniti ut odio ut dicta molestias. Id laborum atque aliquam magnam.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
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...”