Investment Banking Company Statistics - As of December, 2023

These statistics are based solely on the user submissions to the WSO Company Database for employment during 2021, 2022, 2023. Each company is given an adjusted score using Bayesian estimates, which takes into account the number of reviews for a particular company. For more details, please see the Methodology FAQ below.
Hardest Interviews (1) (2)
What bank has the hardest interview?
Firm
YoY Δ
Percentile
Qatalyst Partners
No
99.4%
PJT Partners
05
98.8%
Financo
09
98.2%
Evercore
No
97.5%
Moelis & Company
02
96.9%
Lazard Freres
05
96.3%
Greenhill
05
95.7%
Leerink Partners
No
95.1%
Tudor Pickering Holt and Co
05
94.5%
Intrepid Investment Bankers
06
93.9%
CohnReznick Capital
02
93.3%
LionTree Advisors
06
92.6%
Houlihan Lokey
06
92.0%
Ducera
09
91.4%
Financial Technology Partners
05
90.8%
Guggenheim Partners
04
90.2%
Marathon Capital LLC
New
89.6%
Centerview Partners
03
89.0%
Rabobank Group
06
88.3%
Perella Weinberg Partners
02
87.7%
JPMorgan Chase
06
87.1%
DC Advisory
04
86.5%
Lazard Middle Market
No
85.9%
J.P. Morgan
07
85.3%
TD Securities
01
84.7%
Morgan Stanley
04
84.0%
Stout Risius Ross
12
83.4%
Goldman Sachs
01
82.8%
RBC Capital Markets
01
82.2%
Jefferies & Company
New
81.6%

Percentile calculated only based off of investment banks that received at least two interview insights (163 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Best Interview Experience (1) (2)
What bank has the best interview experience?
Firm
YoY Δ
Percentile
Cascadia Capital LLC
01
99.4%
Lincoln International
01
98.8%
Harris Williams & Co.
No
98.2%
Piper Sandler
14
97.5%
Truist Securities
No
96.9%
William Blair
01
96.3%
Duff & Phelps
01
95.7%
Jefferies & Company
02
95.1%
BNP Paribas
03
94.5%
Rothschild
01
93.9%
Raymond James Financial Inc.
15
93.3%
KeyBanc Capital Markets
08
92.6%
Guggenheim Partners
No
92.0%
Wells Fargo and Company
05
91.4%
Cowen Group
15
90.8%
PJ SOLOMON
04
90.2%
JMP Group
02
89.6%
Lazard Freres
New
89.0%
Credit Suisse
02
88.3%
RBC Royal Bank of Canada
06
87.7%
Canaccord Genuity
02
87.1%
Banco Santander
New
86.5%
Deutsche Bank
New
85.9%
Citigroup
New
85.3%
CIBC World Markets
02
84.7%
Société Générale
14
84.0%
Centerview Partners
New
83.4%
Leerink Partners
New
82.8%
PJT Partners
13
82.2%
BMO Capital Markets
05
81.6%

Percentile calculated only based off of investment banks that received at least two interview insights (163 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Prepare for Your Investment Banking Interview

Professional Growth and Career Opportunities - 232 Investment Banks

Overall Employee Satisfaction (1) (2)
Overall how satisfied are you working for this company?
Firm
YoY Δ
Percentile
Lincoln International
07
99.6%
William Blair
02
99.1%
Stephens Inc
12
98.7%
Moelis & Company
24
98.3%
Jefferies & Company
13
97.8%
Brown Gibbons Lang and Company
New
97.4%
Financial Technology Partners
05
97.0%
Lazard Freres
New
96.6%
Robert W. Baird & Co.
07
96.1%
Duff & Phelps
05
95.7%
Morgan Stanley
03
95.3%
JPMorgan Chase
07
94.8%
National Bank Financial Markets
03
94.4%
TD Securities
03
94.0%
Bank of America Merrill Lynch
02
93.5%
Canaccord Genuity
05
93.1%
Rabobank Group
New
92.7%
PwC Corporate Finance
New
92.2%
Harris Williams & Co.
11
91.8%
Credit Suisse
04
91.4%
Houlihan Lokey
05
90.9%
Evercore
15
90.5%
Banco Santander
New
90.1%
DC Advisory
15
89.7%
Macquarie Group Limited ABN
15
89.2%
UBS AG
New
88.8%
Scotiabank
New
88.4%
BNP Paribas
New
87.9%
Natixis
02
87.5%
Citigroup
New
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (232 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Professional Growth Opportunities (1) (2)
Your opportunities for professional growth?
Firm
YoY Δ
Percentile
Lincoln International
No
99.6%
Lazard Freres
17
99.1%
Financial Technology Partners
07
98.7%
Jefferies & Company
02
98.3%
UBS AG
16
97.9%
William Blair
No
97.4%
Stephens Inc
New
97.0%
Morgan Stanley
01
96.6%
Credit Suisse
03
96.1%
JPMorgan Chase
01
95.7%
Moelis & Company
New
95.3%
Bank of America Merrill Lynch
09
94.8%
Houlihan Lokey
02
94.4%
Rothschild
07
94.0%
TD Securities
11
93.6%
BNP Paribas
08
93.1%
Citigroup
08
92.7%
PwC Corporate Finance
13
92.3%
RBC Capital Markets
05
91.8%
Goldman Sachs
07
91.4%
Evercore
17
91.0%
Canaccord Genuity
08
90.6%
Deutsche Bank
04
90.1%
Brown Gibbons Lang and Company
New
89.7%
Robert W. Baird & Co.
09
89.3%
Perella Weinberg Partners
08
88.8%
Barclays
02
88.4%
Société Générale
New
88.0%
Truist Securities
New
87.6%
Duff & Phelps
02
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (233 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Career Advancement Opportunities (1) (2)
Your opportunities for career advancement?
Firm
YoY Δ
Percentile
Lincoln International
No
99.6%
Lazard Freres
New
99.1%
Jefferies & Company
01
98.7%
William Blair
11
98.3%
Financial Technology Partners
02
97.9%
Stephens Inc
New
97.4%
UBS AG
16
97.0%
JPMorgan Chase
04
96.6%
Credit Suisse
02
96.2%
Morgan Stanley
02
95.7%
Duff & Phelps
05
95.3%
J.P. Morgan
14
94.9%
Bank of America Merrill Lynch
09
94.4%
Moelis & Company
New
94.0%
TD Securities
05
93.6%
Houlihan Lokey
No
93.2%
RBC Capital Markets
03
92.7%
Rothschild
09
92.3%
PwC Corporate Finance
06
91.9%
Brown Gibbons Lang and Company
New
91.5%
Goldman Sachs
04
91.0%
Evercore
17
90.6%
Deutsche Bank
01
90.2%
BNP Paribas
New
89.7%
Citigroup
New
89.3%
Robert W. Baird & Co.
07
88.9%
Truist Securities
02
88.5%
Canaccord Genuity
New
88.0%
Société Générale
New
87.6%
Barclays
New
87.2%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (234 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Intern Offer Rates (1)
Average percentage of interns receiving full time offers
Firm
YoY Δ
Percentile
Allison-Williams
New
100.0%
Ducera
New
100.0%
Incentrum Group
No
100.0%
Berkery Noyes
No
100.0%
Barrington Research
No
100.0%
Arlington Capital Advisors
No
100.0%
FMI Corporation
New
100.0%
Hammond Hanlon Camp
New
100.0%
Miller Buckfire
02
95.0%
BBVA Compass
01
90.0%
Olsen Palmer
New
90.0%
Carnegie Investment Bank AB
No
90.0%
Stout Risius Ross
New
90.0%
Cambridge Wilkinson
01
90.0%
B. Riley & Co.
01
90.0%
Centerview Partners
06
88.0%
William Blair
No
87.7%
Robert W. Baird & Co.
New
87.1%
Piper Sandler
New
85.8%
TD Securities
05
85.6%
Wells Fargo Securities
02
85.0%
Bowen Advisors
New
85.0%
National Bank of Canada
01
85.0%
PJT Partners
08
84.4%
Evercore
New
83.5%

Simple average based off of investment banks that received at least one intern offer data point (161 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Company Specific Salary and Bonus Data Available

Promotions and Fairness - 232 Investment Banks

Feedback (1) (2)
Feedback you receive about your job performance?
Firm
YoY Δ
Percentile
Lincoln International
01
99.6%
Banco Santander
01
99.1%
William Blair
03
98.7%
Lazard Freres
New
98.3%
Robert W. Baird & Co.
02
97.8%
Stephens Inc
New
97.4%
Jefferies & Company
05
97.0%
BNP Paribas
04
96.6%
Credit Suisse
04
96.1%
Société Générale
10
95.7%
UBS AG
17
95.3%
Canaccord Genuity
04
94.8%
PwC Corporate Finance
13
94.4%
TD Securities
05
94.0%
Financial Technology Partners
New
93.5%
Houlihan Lokey
09
93.1%
HSBC
New
92.7%
Brown Gibbons Lang and Company
New
92.2%
Morgan Stanley
05
91.8%
JPMorgan Chase
01
91.4%
Moelis & Company
New
90.9%
Rothschild
15
90.5%
Evercore
18
90.1%
Rabobank Group
New
89.7%
Barclays
New
89.2%
PJ SOLOMON
16
88.8%
Roth Capital Partners
New
88.4%
Macquarie Group Limited ABN
13
87.9%
Truist Securities
02
87.5%
Piper Sandler
New
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (232 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Best Recognition (1) (2)
Recognition and praise you receive when you do a good job?
Firm
YoY Δ
Percentile
Lincoln International
01
99.6%
Banco Santander
01
99.1%
Lazard Freres
New
98.7%
Canaccord Genuity
12
98.3%
William Blair
04
97.9%
National Bank Financial Group
01
97.4%
Stephens Inc
New
97.0%
Credit Suisse
11
96.6%
Jefferies & Company
12
96.1%
BNP Paribas
07
95.7%
Duff & Phelps
04
95.3%
Société Générale
New
94.8%
National Bank Financial Markets
10
94.4%
Truist Securities
08
94.0%
Rabobank Group
New
93.6%
PJ SOLOMON
10
93.1%
PwC Corporate Finance
New
92.7%
Macquarie Group Limited ABN
14
92.3%
Moelis & Company
New
91.8%
Brown Gibbons Lang and Company
New
91.4%
Morgan Stanley
09
91.0%
Robert W. Baird & Co.
09
90.6%
Bank of America Merrill Lynch
New
90.1%
Citigroup
New
89.7%
TD Securities
New
89.3%
Financial Technology Partners
New
88.8%
Scotiabank
01
88.4%
UBS AG
New
88.0%
Deutsche Bank
No
87.6%
Nomura Holdings
06
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (233 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Most Fair (1) (2)
Fairness in how promotions are given and people are treated?
Firm
YoY Δ
Percentile
William Blair
02
99.6%
Lincoln International
08
99.1%
Canaccord Genuity
05
98.7%
Stephens Inc
New
98.3%
Brown Gibbons Lang and Company
New
97.8%
Macquarie Group Limited ABN
06
97.4%
Robert W. Baird & Co.
02
97.0%
PwC Corporate Finance
08
96.5%
Duff & Phelps
02
96.1%
Jefferies & Company
07
95.7%
Credit Suisse
02
95.2%
Rabobank Group
New
94.8%
Banco Santander
New
94.4%
Moelis & Company
New
93.9%
Nomura Holdings
15
93.5%
Morgan Stanley
03
93.1%
J.P. Morgan
New
92.6%
Bank of America Merrill Lynch
11
92.2%
Raymond James Financial Inc.
06
91.8%
Guggenheim Partners
04
91.3%
Houlihan Lokey
New
90.9%
JPMorgan Chase
New
90.5%
Qatalyst Partners
21
90.0%
Lazard Freres
New
89.6%
Financial Technology Partners
07
89.2%
Rothschild
No
88.7%
Harris Williams & Co.
04
88.3%
Truist Securities
New
87.9%
Deutsche Bank
New
87.4%
HSBC
New
87.0%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (231 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

All Company Specific Reviews Available

Compensation - 232 Investment Banks

Best Pay (1) (2)
Your compensation compared with similar jobs elsewhere?
Firm
YoY Δ
Percentile
Financial Technology Partners
02
99.6%
William Blair
02
99.1%
Lincoln International
10
98.7%
Moelis & Company
12
98.3%
Jefferies & Company
No
97.8%
Lazard Freres
11
97.4%
Evercore
06
97.0%
Robert W. Baird & Co.
01
96.6%
Rothschild
03
96.1%
Guggenheim Partners
01
95.7%
Credit Suisse
01
95.3%
Bank of America Merrill Lynch
02
94.8%
Perella Weinberg Partners
05
94.4%
JPMorgan Chase
08
94.0%
National Bank Financial Markets
12
93.5%
PJT Partners
14
93.1%
TD Securities
New
92.7%
PJ SOLOMON
09
92.2%
Harris Williams & Co.
01
91.8%
Houlihan Lokey
No
91.4%
Canaccord Genuity
03
90.9%
LionTree Advisors
New
90.5%
Wells Fargo and Company
04
90.1%
Leerink Partners
New
89.7%
Stifel Nicolaus and Company, Inc
New
89.2%
Goldman Sachs
05
88.8%
Morgan Stanley
04
88.4%
UBS AG
02
87.9%
Piper Sandler
No
87.5%
Tudor Pickering Holt and Co
New
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (232 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Company Specific Salary and Bonus Data Available

Senior Management - 232 Investment Banks

Best Communication (1) (2)
Communications from management about important issues and changes?
Firm
YoY Δ
Percentile
Stephens Inc
01
99.6%
Lincoln International
01
99.1%
William Blair
03
98.7%
Robert W. Baird & Co.
06
98.3%
Jefferies & Company
02
97.9%
DNB Markets
03
97.4%
Canaccord Genuity
22
97.0%
Duff & Phelps
09
96.6%
Morgan Stanley
10
96.1%
PwC Corporate Finance
11
95.7%
Moelis & Company
02
95.3%
Brown Gibbons Lang and Company
New
94.8%
Lazard Freres
New
94.4%
Bank of America Merrill Lynch
08
94.0%
Financial Technology Partners
New
93.6%
Rabobank Group
New
93.1%
Nomura Holdings
New
92.7%
Evercore
04
92.3%
BNP Paribas
New
91.8%
JPMorgan Chase
New
91.4%
TD Securities
03
91.0%
Macquarie Group Limited ABN
02
90.6%
Banco Santander
No
90.1%
FMI Corporation
New
89.7%
Natixis
10
89.3%
Harris Williams & Co.
01
88.8%
Credit Suisse
New
88.4%
RBC Capital Markets
New
88.0%
China Renaissance
New
87.6%
Wells Fargo and Company
05
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (233 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Best Teamwork (1) (2)
Information and knowledge sharing withing company?
Firm
YoY Δ
Percentile
Lincoln International
No
99.6%
William Blair
01
99.1%
Financial Technology Partners
04
98.7%
Banco Santander
01
98.3%
J.P. Morgan
New
97.9%
Jefferies & Company
12
97.4%
Natixis
09
97.0%
PwC Corporate Finance
09
96.6%
Stephens Inc
17
96.1%
Robert W. Baird & Co.
06
95.7%
Canaccord Genuity
No
95.3%
Lazard Freres
New
94.8%
Duff & Phelps
New
94.4%
Moelis & Company
16
94.0%
Macquarie Group Limited ABN
05
93.6%
Morgan Stanley
11
93.1%
Evercore
05
92.7%
Nomura Holdings
11
92.3%
Bank of America Merrill Lynch
05
91.8%
Rothschild
01
91.4%
Roth Capital Partners
New
91.0%
Brown Gibbons Lang and Company
New
90.6%
Credit Suisse
New
90.1%
BNP Paribas
New
89.7%
JPMorgan Chase
New
89.3%
Citigroup
New
88.8%
Houlihan Lokey
02
88.4%
Harris Williams & Co.
No
88.0%
Barclays
New
87.6%
Rabobank Group
New
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (233 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Best Leadership (1) (2)
Leadership abilities of senior management?
Firm
YoY Δ
Percentile
Lincoln International
03
99.6%
Banco Santander
11
99.1%
Financial Technology Partners
No
98.7%
William Blair
02
98.3%
Stephens Inc
New
97.8%
Canaccord Genuity
13
97.4%
Jefferies & Company
05
97.0%
Lazard Freres
New
96.6%
Robert W. Baird & Co.
05
96.1%
TD Securities
15
95.7%
PwC Corporate Finance
13
95.3%
Duff & Phelps
03
94.8%
Moelis & Company
New
94.4%
Brown Gibbons Lang and Company
New
94.0%
Evercore
06
93.5%
Bank of America Merrill Lynch
05
93.1%
PJ SOLOMON
12
92.7%
Roth Capital Partners
New
92.2%
Morgan Stanley
07
91.8%
National Bank Financial Group
04
91.4%
National Bank Financial Markets
New
90.9%
Leerink Partners
New
90.5%
Rabobank Group
New
90.1%
Natixis
New
89.7%
Deutsche Bank
New
89.2%
Citigroup
New
88.8%
JPMorgan Chase
03
88.4%
Macquarie Group Limited ABN
26
87.9%
RBC Capital Markets
09
87.5%
Houlihan Lokey
New
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (232 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Competence (1) (2)
Competence of senior management?
Firm
YoY Δ
Percentile
Lincoln International
No
99.6%
Stephens Inc
18
99.1%
Banco Santander
05
98.7%
William Blair
03
98.3%
Canaccord Genuity
10
97.8%
Jefferies & Company
06
97.4%
Leerink Partners
New
97.0%
Financial Technology Partners
06
96.6%
Moelis & Company
17
96.1%
Lazard Freres
New
95.7%
Robert W. Baird & Co.
06
95.3%
PwC Corporate Finance
18
94.8%
Duff & Phelps
16
94.4%
Morgan Stanley
07
94.0%
Brown Gibbons Lang and Company
New
93.5%
Bank of America Merrill Lynch
11
93.1%
Berenberg Bank
13
92.7%
Houlihan Lokey
New
92.2%
National Bank Financial Markets
New
91.8%
Rabobank Group
New
91.4%
Evercore
10
90.9%
PJ SOLOMON
16
90.5%
DNB Markets
10
90.1%
Rothschild
10
89.7%
BNP Paribas
New
89.2%
JPMorgan Chase
New
88.8%
TD Securities
New
88.4%
Goldman Sachs
03
87.9%
RBC Capital Markets
New
87.5%
Piper Sandler
New
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (232 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Thousands of Interview Questions Available by Firm

Reputation - 232 Investment Banks

Proudest Employees (1) (2)
Company as a place you are proud to work?
Firm
YoY Δ
Percentile
Stephens Inc
12
99.6%
Lincoln International
No
99.1%
Lazard Freres
New
98.7%
JPMorgan Chase
No
98.3%
Morgan Stanley
03
97.9%
Canaccord Genuity
14
97.4%
Robert W. Baird & Co.
No
97.0%
Moelis & Company
10
96.6%
William Blair
05
96.1%
Bank of America Merrill Lynch
No
95.7%
Jefferies & Company
06
95.3%
Rothschild
09
94.8%
PwC Corporate Finance
12
94.4%
Financial Technology Partners
02
94.0%
Houlihan Lokey
No
93.6%
BNP Paribas
10
93.1%
Goldman Sachs
08
92.7%
Société Générale
New
92.3%
Evercore
14
91.8%
UBS AG
New
91.4%
TD Securities
03
91.0%
National Bank Financial Markets
07
90.6%
Banco Santander
05
90.1%
Barclays
02
89.7%
Brown Gibbons Lang and Company
New
89.3%
Guggenheim Partners
New
88.8%
Macquarie Group Limited ABN
16
88.4%
Citigroup
New
88.0%
Natixis
New
87.6%
RBC Capital Markets
No
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (233 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Company Specific Salary and Bonus Data Available

Life Style - 232 Investment Banks

Time Off (1) (2)
Management support for needed time off?
Firm
YoY Δ
Percentile
Banco Santander
No
99.6%
Natixis
No
99.1%
Lincoln International
05
98.7%
William Blair
06
98.3%
Robert W. Baird & Co.
14
97.9%
Truist Securities
12
97.4%
Duff & Phelps
04
97.0%
Canaccord Genuity
08
96.6%
Macquarie Group Limited ABN
04
96.1%
Leerink Partners
New
95.7%
Intesa Sanpaolo
New
95.3%
Credit Suisse
08
94.8%
Rabobank Group
New
94.4%
PwC Corporate Finance
09
94.0%
BNP Paribas
10
93.6%
Jefferies & Company
New
93.1%
Credit Agricole
07
92.7%
Capstone Partners
03
92.3%
Lazard Freres
New
91.8%
Nomura Holdings
03
91.4%
HSBC
06
91.0%
Société Générale
New
90.6%
TD Securities
New
90.1%
Citigroup
New
89.7%
FMI Corporation
New
89.3%
DNB Markets
12
88.8%
Brown Gibbons Lang and Company
New
88.4%
Stephens Inc
New
88.0%
BMO Capital Markets
03
87.6%
Barclays
01
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (233 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Best Work/Life Balance (1) (2)
Employer support in balancing between work life and personal life?
Firm
YoY Δ
Percentile
Banco Santander
01
99.6%
Natixis
01
99.1%
William Blair
08
98.7%
Lincoln International
23
98.3%
Rabobank Group
New
97.8%
Duff & Phelps
02
97.4%
Brown Gibbons Lang and Company
New
97.0%
PwC Corporate Finance
16
96.6%
Capstone Partners
01
96.1%
Macquarie Group Limited ABN
01
95.7%
Intesa Sanpaolo
New
95.3%
Société Générale
05
94.8%
Berenberg Bank
08
94.4%
HSBC
15
94.0%
FMI Corporation
04
93.5%
Credit Suisse
New
93.1%
Canaccord Genuity
09
92.7%
Credit Agricole
04
92.2%
BNP Paribas
09
91.8%
Robert W. Baird & Co.
New
91.4%
TD Securities
New
90.9%
Truist Securities
New
90.5%
Nomura Holdings
New
90.1%
BMO Capital Markets
New
89.7%
Commerzbank AG
New
89.2%
DNB Markets
13
88.8%
MUFG
03
88.4%
Wells Fargo and Company
12
87.9%
Jefferies & Company
New
87.5%
Scotiabank
New
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (232 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Worst Work/Life Balance (1) (2)
Employer support in balancing between work life and personal life?
Firm
YoY Δ
Percentile
TM Capital
New
99.6%
Seabury Group
01
99.1%
Kempen
01
98.7%
Cappello Global
New
98.3%
Ramirez and Co
New
97.8%
Citic Securities
New
97.4%
The Opes Group
18
97.0%
VTB Group
01
96.6%
Messier Maris & Associés
01
96.1%
FINNEA Group
01
95.7%
Bailey Southwell & Co.
01
95.3%
Olsen Palmer
New
94.8%
Gravitas Securities Inc
New
94.4%
Valitas Capital Partners
New
94.0%
Incentrum Group
01
93.5%
Ducera
14
93.1%
ABG Sundal Collier
16
92.7%
Agentis Capital
New
92.2%
Lazard Middle Market
New
91.8%
Eastdil Secured
03
91.4%
Berkery Noyes
01
90.9%
Investec
01
90.5%
Copper Run Capital
01
90.1%
Sino HK Capital Limited
02
89.7%
The Sage Group
New
89.2%
Maybank Investment Bank Berhad
New
88.8%
Forbes Mergers and Acquisitions
New
88.4%
Edgemont Capital Partners
New
87.9%
Martinwolf M&A Advisory
New
87.5%
Essence Securities
New
87.1%

Percentile calculated based off of adjusted score only for investment banks that received at least one vote (232 total firms). See Methodology FAQ below for more information.

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Most Average Hours Worked (1)
How many hours do you work an average?
Firm
YoY Δ
Percentile
Morgan Stanley
No
90.0
Livingstone Partners
New
85.0
Stephens
04
85.0
CapM Advisors
04
85.0
Lazard
04
85.0
EC Mergers and Acquisitions
04
85.0
AGC Partners
04
85.0
Hammond Hanlon Camp
20
82.5
Financial Technology Partners
05
82.1
Qatalyst Partners
New
81.3
Moelis & Company
16
80.8
Lazard Middle Market
12
80.6
Centerview Partners
New
80.4
TM Capital
16
80.0
DBO Partners
07
80.0
Black Arch Partners
New
80.0
MTS Health Partners
02
80.0
PJT Partners
02
79.8
Harris Williams & Co.
02
79.8
Stifel Financial
New
79.6
Raine Group
No
79.0
Robert W. Baird & Co.
09
78.6
Arma Partners
04
78.3
Brown Gibbons Lang and Company
12
78.3
LionTree Advisors
No
78.1
Edgemont Capital Partners
New
77.9
Jefferies & Company
New
77.6
Drake Star Partners
New
77.5
ABG Sundal Collier
New
77.5
GP Bullhound
New
77.5

Only includes investment banks that received at least three submissions with hourly data (186 total firms).

The up and down arrows next to each company represent the relative increase or decrease in position compared to the prior year report. The "= =" equal signs means there was no change and the "+ +" plus signs indicate a new company on the statistics.

Thousands of Interview Questions Available by Firm

Methodology FAQ

How often is this data updated?
The rankings are constantly changing and evolving based on additional data we collect every day. The graphs and tables use the data from YTD and the prior 2 years. See tabs located above on this page to access previous year rankings.
Why do the average compensation numbers look so low?
Remember that the compensation you are accustomed to hearing for top performers in the top groups in New York is well above the average for cities around the world. The compensation average graphs are a global average which includes regional cities and groups that bring the average down. If you would like company and group specific compensation data, please visit the WSO Company Database.
Where does this data come from?
The compensation, review and interview data comes from WSO member submissions to the WSO Company Database. With over 50,000 submissions to date across thousands of companies, the database is solely a representation of what our members were paid and how they rank companies on various metrics. Please see below for a detailed breakdown of the member statistics for those that have contributed to the database.
What are the percentile rankings based on?
The percentile rankings of companies listed here are based on the current YTD and the prior two years of data for companies that received at least one vote. The simple average scores are converted into an Adjusted Score before the companies are ranked to take into account companies with a smaller sample size. This method uses Bayesian Statistics.
Why do you use Bayesian Statistics to adjust scores?
This methodology is used in order to account for standard deviation in rankings. As a company gets more rankings and data, we have more confidence that the average ranking is a true reflection of reality, so this is reflected in the adjusted scores and Percentile rankings. Learn more about Bayesian Statistics here.
Why don't I see company XYZ?
Some great smaller firms may not be represented in the rankings for the simple reason that we have not collected enough data to represent them accurately or for us to have enough data to display them at all.
What is the geographical representation of the submissions?
The WSO user base is very US-centric with approximately 70% of all submissions coming within the United States of America. Please see the detailed breakdown of the member statistics for those that have contributed to the database. For more company and city specific compensation, please visit the WSO Company Database.