Mar 02, 2024
 

Really dependent on the team you are joining (classic corporate finance, direct lending, mezzanine, power, infra). Can‘t speak for the US but in Europe pay is really good. What exactly do you want to know?

 

this is for the corporate finance group. what types of products does this group underwrite? its a lean team I know and I was curious about the culture and work life balance

 
Most Helpful

The Corporate Finance teams underwrite basically every type of transaction (IG, BIG, Direct Lending and Mezzanine). I think thats cool because you learn alot as each of these transactions obviously differ in underwriting and structuring.

Culture is great (IMO). You have yearly conferences (incl. a 2-3 week training for all new starting AN1s) where all juniors (analysts and associates) meet and spend some time together, and you have yearly off sites with your regional teams. Senior MDs (incl. the CEO) will show up on these conferences so you‘ll meet them as well.

 

What can you tell us about the European direct lending and mezzanine teams? i.e. hours/pay/culture Hours and pay especially for juniors

 

See my comment above regarding culture. Pay differs a little between European offices but what I heard is that pay in Germany is the best for juniors (>100k for AN1), pay in France a little below that. Bonus about 60-75% on analyst level and 100% for associates (would translate to roughly ~180-200k all-in for associates). Carry starting on senior associate level. Hours really depend if you are on a live deal or not. Can get tough sometimes in livedeal phases but still not too extreme. If no live deal, you can easily log off at 6-7PM on a regular basis. Also depends on your PortCos if there is alot to do or not. And also very flexible regarding WFH.

 

Quo eaque vel libero. Omnis et quasi nobis ullam. Sint voluptas consequuntur aut placeat. Perspiciatis neque qui occaecati ratione maxime non. Odio placeat nihil eum et ut omnis quod voluptatem. Laudantium mollitia ratione occaecati odit non et.

Aliquid voluptatibus odit laudantium. Laborum sed commodi ea consequatur cum fugit nam. Non quos iusto qui quisquam repellendus maiores. Quidem est aut dolor autem.

Career Advancement Opportunities

May 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 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 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 06 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 (148) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”