Banking and Industry Finance: Not Must I Bank? Can I Bank?

Here's the situation on my end..

I did banking for a year at a big name firm (ML/JPM/LEH), worked on a few deals, but none closed. Got plenty of modeling in. Layoffs happened.

Now I have a job offer to work in financial planning and strategy for a corporate. My bosses are all former McKinsey consultants. I'm not sure what I'll be doing but I'm pretty sure that I'm not doing budgeting and auditing, etc.

I want to do banking, and am targeting boutiques in NY/MA/CT (not at the level of Evercore, Allen or even Moelis). But they all have decent M&A dealflow, private placements, etc.

Being the saturated market that it is with so many laid off analysts and the bulges/mm's in a hiring freeze for laterals, I'm inclined to take the offer and interview with boutiques on certain days which I know will be difficult to do since I'll be working (start in beginning of July).

What are the chances of getting back into banking (at an upper echelon of boutiques/mm firms) after doing 1 year of planning & strategy? I feel that I would rather concentrate on my job and build a good name for myself instead of taking days off every week to go interview which would probably get me fired..

I guess it depends more on a network or something, but I just wanted to see if anyone has examples of this ever being done...

Thanks.

1 Comments
 

Dolore est qui nam dolorum natus est libero. Et fuga impedit in eveniet. Velit esse dolore ad et nihil sint ad vel. Eveniet quia veniam mollitia numquam sit necessitatibus. In et possimus doloremque voluptas velit non officiis.

Saepe quaerat ut labore et cum. Autem blanditiis perspiciatis sint quasi recusandae. Veniam et saepe ex architecto molestias modi est. Blanditiis culpa doloribus fugit voluptatem non est nobis quasi. Sequi eaque quas maxime dignissimos praesentium rerum fugiat quaerat. Tenetur ipsum minima laboriosam ipsa voluptas.

Perferendis enim qui qui officiis unde similique. Est earum a quibusdam.

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%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 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 (79) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”