2 Month Lateral

Lately I've been looking around the job posting sections of the usual employment websites and have seen openings at other banks (presumably because analysts have left after 1st year bonuses hit). Some of the positions are interesting but are directed at those who can fill the position with a similar level of experience (i.e. an analyst moving into his/her second year). I started my FT IB analyst gig at a MM shop ~2 months ago and am curious if someone with this little experience would be considered for the positions I've seen pop up (even if hired on as a 1st year). I'm not necessarily looking to lateral yet, but I'm always open to making moves for better opportunities. If a position in a good group in a BB was to open up, I'd be interested in giving it a go. Anyone have any input or know of anyone who's filled one of these positions earlier than after a full year's worth of work?

3 Comments
 

I'm in similar position except that I have been working in a BB Corp Fin group (FO/MO) for nine months now. From my observation, most people start to leave after six months into the job or longer. Not sure if the new shop would understand you reaching out to them (why would you leave after just 2 mos? You didn't like the job/couldn't handle the work?) Just my two cents.

The only reason that they all get to continue living like kings is cause we got our fingers on the scales in their favor. I take my hand off and then the whole world gets really fuckin' fair really fuckin' quickly and nobody actually wants that.
 

Harum eius nihil impedit laboriosam. Aut est est sequi repellendus. Ea quia nobis autem ut similique iste quia.

Error at esse velit. Labore id ea modi velit. Nihil neque et deleniti ea occaecati iusto.

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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
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...”