Based on the most helpful WSO content, making a pivot from Investment Banking (IB) to Sales & Trading (S&T) as a 2nd year analyst can be a strategic move. Here are a few insights and advice:

  1. Understand the Differences: IB and S&T are quite different in terms of work style, daily tasks, and skills required. S&T is more about quick decision-making, market understanding, and client interaction, while IB is more about financial modeling, deal-making, and long-term projects. Make sure you understand these differences and are making the switch for the right reasons.

  2. Develop Relevant Skills: For S&T, you need to have a good understanding of financial markets, be able to make quick decisions, and have excellent communication skills. Brush up on these areas if needed.

  3. Network: Reach out to people in S&T to understand more about their work and express your interest. This could be through LinkedIn, alumni networks, or even within your current firm.

  4. Leverage Your IB Experience: Your experience in IB can be a strong point. You've gained a solid understanding of financial concepts, valuation, and corporate finance, which can be valuable in S&T.

  5. Prepare for Interviews: S&T interviews can be quite different from IB interviews. They may involve more market-based questions, brain teasers, and trading simulations.

Remember, it's all about showing your passion for markets and trading, leveraging your existing skills, and demonstrating your ability to thrive in a fast-paced environment. Good luck with your pivot!

Sources: S&T Summer Analyst Lateral to IB FT?, 2nd year S&T to IBD Associate -- ask me about S&T, https://www.wallstreetoasis.com/forum/trading/ib-after-st-summer?customgpt=1, 1st Year S&T Analyst Lateral to Investment Banking

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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