I'm heading to a bschool that sends a ton of kids to top banks each year. I am looking to head into banking and was wondering:
If it's so tough to make VP from an associate, what do other associates do?
- Do they head to other banks as VPs?
- head to hedge funds?
- do corporate?
I've heard entering PE is very tough for associates because they're way behind on the path, but if you wouldn't mind, can you please tell me of your own experiences? And assuming the prestige of the bank is the same (ie, Goldman, MS, JP, Evercore, etc), how do the exits vary by product/coverage type?
Thank you so much, as always