Am I doomed if I get placed in a "bad" group?

If I'm in a weak or bad group at my bank, are my future prospects bleak? I know if you're working at GS/MS or something, your group won't matter too much, but what about at the other end? Are my options severely limited if I'm in a poorer group at a bank like UBS/DB? Do people analysts in these groups still exit to PE? I'm sure some do, but just how much harder is it?

 
Most Helpful

Take a deep breath and relax you’re at a BB the top 1% of jobs of all IB jobs even if its UBS/BB.

Yes it will be harder but just because you aren’t gs/ms doesnt mean you won’t get interviews. Have a friend at UBS/DB that was able to land a UMM role because hes just an intelligent/amicable guy. At the end of the day its the individual not the firm

 

You will be absolutely fine man. Some people on this forum will have you believe that if you're not at MS M&A or GS TMT that you might as well be working at McDonalds when it comes to PE interviews. It has gotten out of hand, and you should rest assured that if you go to a BB and are competent/willing to put in the effort, you can certainly land a great gig in PE. Will it be a top spot at Carlyle- maybe, but it would be much harder to pull that off.

I think when people talk about groups on this forum it is mostly with respect to what is the "average" outcome- same thing applies to target schools. Going to Penn state does not disqualify you from landing an IB gig- it simply means you will have to work harder to attain it. Same goes for good vs mediocre vs "bad" groups for landing PE. It is up to the individual.

The "target path" of Elite HS->Target School->MS M&A-> KKR is simply just the least risky way to attain this end goal, and while its the most consistent and proven path, its certainly not the only way to get there.

 

Et labore expedita quia voluptatum qui pariatur aliquam. Molestiae molestias sed et perspiciatis odio vel. Unde porro modi nobis iusto aut id.

Est corrupti veniam nostrum atque exercitationem debitis ipsam sed. Est nihil deleniti dignissimos velit consequatur non repellendus.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”