2nd Yr Analyst —> 3rd Yr Analyst or 1st Yr Associate
How common is it for a 2nd Yr Analyst to be directly promoted to Associate? Does this vary by bank?
How common is it for a 2nd Yr Analyst to be directly promoted to Associate? Does this vary by bank?
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How are you a verified IB analyst asking this question?
Asking for a friend?
Anybody who has had an internship in IB can answer this question.
verification and badges on this site seem off.
From my understanding, the old way was that analysts who wanted to move on up to Associate would stay a 3rd year, but now things have changed. I think some banks offer a "fast track" to associate, where you only have to do 2 years as an analyst. This is to encourage analysts to stay rather than leave. But I think you answered your question already, it varies by bank.
Thank you sir. G bless
Some banks have 3 year analyst programs and some have 2 year programs. Varies by firm.
Thanks. Any info on which BBs have the 2yr programs?
DB has a 2 year program. Buddy at GS also said it's 2 years
BofA also 2 years but depends on performance, as in time could be longer or shorter. Current Associate on my team was made Associate after 16 months due to being stellar.
If you don’t mind me asking, what made him so stellar?
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