BO to FO probability

I was having a discussion with a friend who is starting out in internal/ops at a BB. I figured that role was considered BO but in their eyes it was the first step before moving into FO internally. Their logic, better to get in the door than not at all. Is it common/easy to switch from BO to FO, I've always heard that its very difficult if not impossible

20 Comments
 

My perspective is from an Asset Management Side, not Ibanking.

It is not impossible. I work in Middle Office at an Asset Manager and I see plenty of individuals make a transition into Front Office. They are more likely to go into Investment Grade rather than Equity/High Yield or Structured Assets.

Network, show interest, work towards the FO skill set (CFA), and when an opportunity opens up give it a shot and leverage your network.

I have yet to see BO individuals move into our Private Deal Teams, as they actually have a larger learning curve and the due diligence actually requires a few years of IBanking experience.

 

Why does everyone believe that Back Office is full of Front Office want-a-bes?

Back Office is primarily Accounting/IT/Compliance - primary function of back office is Public Reporting... There is also a thing called work/life balance which is far better in back office. Yes, the work is more so data involved, rather than due diligence/analysis...

But this does not mean that everyone is BO wants to walk into FO....

 

You're right about that part. Its definitely a mix of people who want more of a work/life balance and those who want to make the jump up to a FO position. However, my impression when I was in BO before I made the jump was that the junior staff primarily did everything they could to make the jump while senior staff were happy doing what they were doing.

Everyone has different preferences but I think the main point is that most juniors aren't complacent with sticking to non-stimulating and lower paying work while their counterparts aren't, even if the hours still suck. Most young people don't have a family or other responsibilities to take care of so the latter doesn't even matter as much.

 

Corporis quod praesentium aperiam ullam quis at. Aliquid dolorem asperiores laboriosam molestias tempore sunt.

Quisquam inventore maxime aut commodi qui. Voluptas aut adipisci accusantium minus culpa consequatur. Et molestiae ullam ut voluptatibus a eius harum. At maiores nihil est qui quos saepe. Voluptas qui amet quibusdam magnam minus sed non. Porro minima est quos blanditiis. Quo sed alias ut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”