What’s comp like for more of support roles within IBD? Ie the Mgmt and strategy team vs deal teams

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Curious as well. I’ve heard it takes relatively long to get promoted though (met someone who made VP after 12 years as an associate).

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Its a lot lower, like $300 all in for VP but you get your life back

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If you have to ask...

Curious. Friend was at strat for JPM. Never talked numbers be seemed like he was doing ok

Heard first year assoc in strategy at JPM was 20k bonus...

^ much less than that and no, you don’t (can’t speak to Strats experience). Senior bankers are now your clients and they expect you to drop everything to turn pages for their meetings, without regard to niceties like evenings, weekends, and public holidays. You live in a limbo of almost as bad hours, less pay, and zero upward possibility once you’re a VP.

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