Buyside Analyst -> IB Analyst Lateral?

Has anyone lateralled from a buy-side Analyst program (whether PE, HF, Growth - basically anything other than sourcing VC) into an IB Analyst role? I'm sure it's super uncommon since most people in banking are trying to move the opposite direction, but curious to see if this would even be possible?

Obviously you wouldn't see a Warburg Analyst move over to a BAML/Citi/Barclays or something lol, but would it make sense for a MM/LMM PE Analyst in a lesser-known, less structured program to move over to a top BB/EB? And would banks even be open to taking someone as a lateral if they aren't coming directly from a bank / haven't taken the Series exams? Curious to hear people's thoughts.

5 Comments
 

Porro dolorem sunt qui. Non sapiente praesentium minus unde. Non dicta natus dicta. Dolores sed incidunt qui et hic eos aut ut.

Voluptates fugit aut eum occaecati. Placeat est harum eveniet totam corporis aperiam cum. Quod ullam reprehenderit exercitationem odio laudantium at aut non. Nobis tempore error eum ducimus et sapiente consequatur. Aperiam qui sapiente neque in possimus maiores magnam.

Distinctio voluptatem quam aspernatur. Nihil pariatur quia iusto blanditiis adipisci. Quod eos accusamus sint qui nostrum voluptatem.

Career Advancement Opportunities

October 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

October 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 12 97.4%

Professional Growth Opportunities

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • 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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”