I've noticed that the work that A&D Groups do is slightly different then typical IBD M&A and Advisory in the energy sector. Also, it seems like a lot people working in A&D have come from a background of field experience, typically in oil and gas, and usually have at least 2 years of field experience outside of banking. Are compensation levels typically the same with "typical"IBD analysts within the same bank?
If I had to guess, I would say base comp would probably be the same at 85k at BBs but maybe the A&D guys are looking at a 20-30k bonus as opposed to top bucket analysts in IBD who may reel in 50k - 60k. I know it is sometimes hard to draw a distinction as many A&D teams are included as part of the company's investment banking division. Was just curious..