Super undermarket pay so they tend to attract non-traditional backgrounds, (think Big-4 TAS, ER, regional IB) which translates to a very high competence gap.
 

Heard their analysis tends to be very simplistic (nobody there under the Serent-level Principals know how to build a monthly model), so your translatable experience will be highly limited.

 

Bad culture, low pedigree.

Don't take my word for it. Conduct this search on your own time:

LinkedIn search bar —> “banneker partners associate” —> coffee chat anybody under the Sr. Asso. level

Once you get them on the phone, ask them any question under the 400 BIWS Advanced sections

They can’t answer because they all come from hyper non-traditional backgrounds (i.e. ER, regional boutique IB, straight out of UG, etc.)

P.S. they recently fired an Associate after 2 days when they learned that his onboarding would be slightly delayed after recovering from a car accident. Take that for what you will in terms of culture.

Edit: the fact that I keep getting MS bombed for advice that pretty much amounts to “talk to their employees” should be fairly indicative of the type of experience you’d have there

 

Culpa ut maxime pariatur fuga occaecati at voluptas vel. Dolorem temporibus rerum neque neque nihil optio eaque voluptates. Exercitationem assumenda eum vel qui est. Consequatur voluptas autem itaque vitae saepe.

Qui qui facilis consequuntur. Quidem labore sed qui dolores rerum molestias. Molestiae perferendis ex et. Ea accusantium aut cupiditate.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
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

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...”