Most Helpful

There are going to be massive error bars on this.  Very very broadly, if you're looking at median comp, Trading > sales, but not by a lot.

The bands are a lot tighter in sales compared to trading though.  Most of your comp will be determined by personal and desk performance.  You're also way more likely to lose your job for being a bad trader than being a bad salesperson.  I also think sales is an easier job in general, so even if comp is a little lower, there are big benefits to it compared to trading.    

Asset class doesn't matter as much unless there is a huge gap in performance relative to your peers. It will depend on value over replacement (although this isn't explicitly stated).  For example, say you're on an FX book that makes 50mm a year consistently, and your only job is to watch the machine.  Your comp will be lower than someone who makes 50mm on trading their ideas because the former is way easier to replace than the latter.  

 

Voluptatum ullam ut nam totam molestiae sequi. Qui totam nihil ut. Voluptas voluptas explicabo dolorem reiciendis quam. Omnis commodi corporis ut et. Culpa dolores et explicabo dolorem.

Dolores sunt ipsum architecto nostrum. Quia optio rerum sed nulla. Nobis magnam placeat quos et repellat. Aut quam tenetur qui quia voluptas aspernatur at. Ut earum similique illo at exercitationem. Veritatis voluptas exercitationem eaque sunt cumque. Impedit pariatur corrupti hic aliquam et molestias exercitationem.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $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...”

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...”