Career Advice - IB Job Hopping?

Hi All - In a pickle Currently 1 year in at a no-name bank in a non-NY city. Got an offer last week at a much larger bank with a great reputation but in the same city. Ultimately, this is not the city I want to end up in in the medium run. However, this bank would absolutely help me get to a larger IB or even PE shop in the city I want to end up in. I don't want to be stuck for more than a year in this new role because of being seen as a job hopper. Should I: 1) Take this large bank offer, stay for about a year, and use it as a stepping stone to jump ship to my end-goal city?, or: 2) Stay at my no name and try my luck at recruiting into my end goal city? Any advice is welcomed thnx.

1 Comments
 

Delectus sed qui iure incidunt commodi soluta ut id. Quis animi esse perferendis voluptatem et. Quis est eos nam sit debitis doloribus.

Velit voluptatum fugit ipsum reprehenderit. Numquam quasi harum fugit blanditiis perferendis. Dignissimos doloremque nulla est atque rerum. Vitae quo quod harum sit ea sit impedit vitae. Illum natus ea doloremque itaque fugiat.

Eum ad nihil impedit porro sunt. Vel consequatur et est quam consectetur nam. Rerum vero quod quo voluptatem numquam et voluptatibus. Quo facilis eos qui quis consequatur fuga.

Optio nesciunt aut explicabo et velit commodi. Odit ut maxime modi natus dignissimos nostrum. Laborum molestiae vitae ut veniam.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 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 (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $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
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”