A2A Lateralling

Curious about what the general process may look like for A2A laterals (under normal market circumstances). A few particular questions such as:

  • Are A2A laterals preferable to MBA associates / would you have to do a year of senior analyst first?
  • How 'upstream' can you go from a MM bank/boutique?

Thanks!

 

Very helpful.

I get that it's easier as A3 since it's not as common a position and banks can use it to try you out as a pre-associate, but why is it also easier/more common as an A2? I presumed there'd be less headcount as A2 since you're just filling for analysts who left early whereas banks hire fresh batches of associates.

 

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