How to Get Promoted

Hi Monkeys, I wanted to get your opinion. I’m at a F500 BU sourcing deals, executing market diligence, building out deal thesis and models, etc…the BU hasn’t done a deal in over 5 years and needs one to deliver to the corporation. I started my role 18 months and have a strong chance of closing a meaningful deal. It’s been a team effort and not one person should solely get credit. I feel like I had a significant role in the deal and want to get opinions on if I should lobby for a promotion? How would you go about it if you were in my shoes?

5 Comments
 
Most Helpful

I think it's all based on tone. You can certainly say that you'd like for something to happen without putting a gun to someone's head and threatening to walk. 

Employee: " Hey Manager, I'd like to get some time on your calendar to discuss my career outlook and progression at this company"

*meeting on the books*

Employee: "Thanks for taking the time, I appreciate the opportunities I have had at this company. I feel like I have been integral in a lot of the progress we have made and would like to know more about how I can add more responsibility to my plate. I've been here for almost 2 years now and looking back it doesn't seem like we have closed a deal in some time. We just closed XYZ deal that contributed ABC value to the company, I learned how to do DEF from the process. I feel like closing this deal really showed my ability to manage a workstream and get something over the finish line. Can we work together to develop a plan that will provide me a clear path to getting to the next level?"

That's how I'd approach it and how I'd like for one of my employees to structure a conversation with me. The most important thing is understanding that is that it likely with not be a "right now" thing and that you'll have to develop a plan that your leader can take to HR and the other decision makers. 

 

Omnis pariatur repellat et illum non aperiam et. Neque nemo corrupti qui voluptas. Quia quia quo maiores illo cupiditate voluptas tenetur. Quod quaerat sunt eos. Ut nihil sit distinctio iure.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
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...”