Rotational Analyst Programs: Do they still exist?

I am going into a rotational program with a regional investment bank. I was just wondering if anyone knows of other ibanks that still offer this type of program.

Basically, it is an 18-month engagement with 3months training preceding it (everything from etiquette to training the street).

Has anyone else heard of banks offering this? And to those veterans, is an analyst with a rotational program under his/her belt better off than comparable 2nd year analysts?

Thanks in advance.

 

The only bank I know for sure that has a rotational program is KeyBanc. I once heard JPMorgan did too, but I am not sure if that is correct. Anyways, the good thing about the rotational program is that you will gain exposure to multiple divisions (I-bank, S&T, Research, etc.), and will know what you want to do for sure after the program. Bad part is that you will not be as expereinced in the department you choose as analysts at other banks. And if you are doing the rotation at KeyBanc, then I wouldnt worry about comparing yourself to other 2nd year analysts. Just try to be the best in your class and then look at going to get an MBA.

 

Mr.Green: Thanks for the advice. The rotational program now has focuses (Capital Mkts, S&T, Real Estate). I am planning on doing the Cap Mkts. portion of the program--I am hoping that that a more focused series of rotations will allow me to be a more competitive hire when the program comes to a close.

An MBA after 2 years as an analyst? Is that a normal track? I always felt like there were a few more years of experience recommended.

 

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