Natural progression opportunities in AM - FI

Working as a buy side fixed income analyst for a mutual fund covering credits and working alongside portfolio managers. Strategy is Long Only and I cover specific sectors. As I look to advance my career, what opportunities and career paths can I look out for?

3 Comments
 
Most Helpful

I left a CLO / mutual fund manager for a hedge fund. From what I could tell the natural progression was just junior analyst > senior analyst > junior PM > senior PM. In terms of other opportunities, seems dependent on the person’s skills, but headhunters will likely steer you to credit roles. Private credit / direct lending, distressed / special sits, credit L/S, structured credit, corp dev / treasury are some options. Helps to have IB / private deal experience to switch to private credit; likewise, it helps to have RX background for distressed funds. Credit background helps for infra PE, but less so for tech buyouts. If you have sector coverage, then probably opens more doors in that sector. That being said, if you can prove underwriting / modeling competency and network into interviews, then should be fine.

 

Adipisci voluptatem molestiae qui dolor. Unde excepturi eaque aliquid ea dolorem.

Odit repellendus aut tempore. Soluta rerum corrupti a culpa qui voluptatum expedita. Ut odio porro tenetur at. Itaque quod voluptatem est ut quisquam sit et nam.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”