Bulge bracket analyst programs, ranked

Goldman’s Investment Banking Division is organized by industry coverage group, with M&A and the Capital Solutions Group handling capital markets and risk management. Analysts support advisory and financing mandates, starting with Goldman Sachs University orientation and an apprenticeship-style team model. The 9–10 week summer analyst program is the main route into full-time analyst offers.

Salary band, hiring status & score breakdown — see the full Goldman Sachs IB page →Goldman Sachs interview guide →

JPM IB analysts build models, valuations and client materials and support M&A, financing and capital markets execution inside industry coverage, specialized M&A or capital markets groups. Placement into office and group depends on business needs and candidate preferences. The summer program runs nine weeks with a five-day orientation, and top performers receive offers of continued employment.

Salary band, hiring status & score breakdown — see the full J.P. Morgan IB page →J.P. Morgan interview guide →

Morgan Stanley summer analysts take on full-time analyst responsibilities: building models, analyzing comparative financial performance, drafting marketing memoranda and supporting M&A and financing execution. Training is division-specific, covering financial analysis, accounting and valuation. Candidates either interview directly with a group or join the New York Generalist pool, where group placement is handled in a structured process at onboarding.

Salary band, hiring status & score breakdown — see the full Morgan Stanley IB page →Morgan Stanley interview guide →

Citi’s IB analysts support M&A, capital raising and strategic financings for corporate, financial-sponsor and public-sector clients, collecting company and industry research, building valuation and financial models (DCF and comps), and preparing pitch materials. Summer analysts start with a short training block and are then matched to a team, and top performers are steered toward full-time offers.

Salary band, hiring status & score breakdown — see the full Citi IB page →Citi interview guide →

Analysts build models and valuations, run company and industry research, and prepare client materials and diligence for M&A, capital raising and advisory work inside Global Corporate & Investment Banking. Summer analysts are placed in an industry, country or product coverage team, and the full-time program offers broad exposure across IB, Corporate Banking and Capital Markets. Training is front-loaded, followed by on-the-job support and mentorship.

Salary band, hiring status & score breakdown — see the full Bank of America IB page →Bank of America interview guide →