Asking for promotion Analyst to Associate

Hello, I am a senior analyst (we don't have proper analyst 1-2-3 title but I have been in the job for more than 2 years) at a non-BB bank. I should be promoted this year but I haven't really asked for it, since I assume I will and I have been top ranked since I joined. Should I ask for it anyway? Assuming I am getting promoted either way, what's the downside of not asking?

15 Comments
 

Totally agree. Is the fact of asking going to affect bonus or base associate salary? One senior told me that if don't ask they will let me to believe that they pushed hard for the promotion and therefore they won't feel the need to give me a better bonus/better associate base, while if I make clear I expect the promotion they have to do something more than just promote me. What do you think?

 

I agree with you. My question was more whether the fact of asking is going to positively affect this year bonus or base associate salary. One senior told me that if don't ask they will let me to believe that they pushed hard for the promotion and therefore they won't feel the need to give me a better bonus/better associate base, while if I make clear I expect the promotion they have to do something more than just promote me. What do you think?

 
"gdmn30"

I agree with you. My question was more whether the fact of asking is going to positively affect this year bonus or base associate salary. One senior told me that if don't ask they will let me to believe that they pushed hard for the promotion and therefore they won't feel the need to give me a better bonus/better associate base, while if I make clear I expect the promotion they have to do something more than just promote me. What do you think?

I dunno. This question is going to be hard for us to answer because we don't know who your boss is or what is personality is like. Some will feel like you're entitled for asking, some will like it that you're asking and showing ambition, and others are assholes who will stiff you unless they know you're watching.

 

Maybe instead of asking directly..can i have a promotion? Ask them in a way that they can't say no. For example..

Under what circumstances could I be considered a candidate for promotion? or, I was wondering what kind of criteria I would have to meet to be promoted to an associate?

idk what ur office culture is like, or if its more laid back that that, but just my two cents.

 

Depends how big the bank is. When I was working for an EB and asked for the jump to Associate, I made a pitch with a slide deck, printed documents, and lemon water to be distributed throughout the presentation. I didn't end up getting the promotion, but I fucked the MD's wife the next month.

Good luck.

 

Perspiciatis inventore ad quia non totam ut aliquid ut. Consequatur aspernatur eum possimus harum aut occaecati nesciunt. Illo in dolorum delectus blanditiis.

Dolores quasi eius enim totam. Aliquid suscipit in placeat. Non dolores ut ea autem. Sit maiores sint sunt facilis tenetur repellat voluptatibus debitis.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
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...”