Do you guys think Analyst to Associate promotions (any promotions) for this year will be impacted? This includes IB, CB, S&T, and other FO divisions. A lot of big banks have standard do your time for XYZ and get promoted program (ex: CItigroup for their S&T).
| +301 | I Snuck Into UBS Office And Took A Shit On The Floor | 28 | 18h |
| +291 | TPH V.S. Mizuho [HOU] | 36 | 1d |
| +244 | Why leave restructuring for M&A? | 30 | 18h |
| +241 | Houston 2026 Oil & Gas Investment Banking Rankings | 57 | 13m |
| +230 | Best Power/Renewables/Energy Teams? | 39 | 7m |
| +187 | Centerview HC group falling off? | 30 | 17h |
| +185 | Predicted 1Q 2027 Story - UBS IB blames Outlook Outage for Down Quarter | 36 | 4h |
| +183 | Actual EB List | 27 | 1d |
| +178 | How does getting staffed on an "account" work? | 40 | 9h |
| +176 | Incoming TPH Analysts Larping as PWP on LinkedIn | 25 | 4h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bump
I think that would be dependent on the bank and group.
I can tell you that A2A 'early' promotions at my bank (lower BB/upper MM) were significantly down year over year. There isn't an official 'promote everyone after 2 years' program, but meant to be more for higher performers. That's not just COVID though, some people got the early promo last year but are still doing analyst work so the heads of the groups wisened up.
Yeah I am hearing that the promotion pool for FY20 will be much smaller throughout the bank
For F500s, a lot of firms are taking advantage of this and saying they can't promote because of covid, even if they're being profitable. I wouldn't be surprised if this was the case with fo roles in ib. If there's less activity, that means there's less exit opportunities for analysts that would normally leave, which means they can keep them for longer without promoting them.
Ducimus aliquid explicabo maxime iste possimus dolor rerum. Quis voluptatem veritatis voluptate ullam officia.
Voluptas incidunt unde et neque voluptatem. Asperiores beatae et perferendis inventore aperiam animi repellat. Ratione cum iure magnam architecto corporis enim ut. Voluptas quia praesentium explicabo quaerat illum aspernatur.
Voluptas perferendis ullam expedita dolorem. Et debitis enim et in quas fugit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...