Post by The Analyst's Code

Most students applying to Goldman Sachs, J.P. Morgan, Evercore and Moelis & Company don't actually know the difference between them. One has a balance sheet and can fund deals. The other is advisory-only and lives off independence. It changes the deal size you'll work on, the size of your team, how fast you get real responsibility, and even how your interview gets structured. The concept is simple once someone actually breaks it down for you. That's what this carousel is for. Swipe to see how bulge bracket and boutique banks actually differ, and what it means for your internship search ↓ What other IB concepts do you want us to break down? Drop it in the comments - most requested goes next 👇 Save this and follow The Analyst's Code for the concepts every IB candidate needs to know, broken down 3x a week. Preparing for summer or off-cycle applications? Join 3,000+ successful students who used The Analyst's Code Prep Platform to get them ready. #InvestmentBanking #IBD #BreakIntoIB #InternshipPrep #FinanceCareers #BulgeBracket #Boutique