Prestige Hierarchy of High Finance Jobs

Tier One: Tiger Global, Top Tier Tiger Cubs (Coatue, Lone Pine, Viking), RenTech 

Tier Two: Bridgewater, PE MF, Other Tiger Cubs

Tier Three: Quant Funds, Other SM

Tier Four: UMM PE, MM HF, CVP, PJT, PIMCO

Tier Five: Q, M Klein & Co, Allen & Co, Dyal & Co, GE MF, Sequoia

Tier Six: BB/EB (M&A > TMT/HC/Industrials Coverage > P&U/O&G/Consumer Coverage > S&T/ER > ECM/DCM), MM PE, Other VC/GE, MBB

Tier Seven: MM IB, LMM PE, L/O AM

Tier Eight: Regional Boutique IB, CorpDev, Family Office, Tier 2 Consulting

Tier Nine: Big 4 TAS, BB Middle Office

Tier Ten: Big 4 Audit, BB Back Office

Tier Eleven: RSM/BDO

Tier Twelve: Normal White Collar Jobs

 

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Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 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 (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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...”

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From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”