1. I’m not an intern I just hadn’t updated my WSO account in 4 years lol
  1. I’m just repeating what my friends at CVP have said – I know several who were too afraid to recruit because it could get them fired / at least get their bonus clawed back. All you really have to do for proof I’m right is to search LinkedIn for associates at CVP and Laz – about half of all CVP associates are A2A while at Laz A2A is very rare.
 

Have close friends at CVP who say that buyside recruiting is difficult and uncommon from CVP.

CVP is commonly seen as the best place for career bankers, and they do everything they can to stop you from recruiting. They claw back your (50k) sign on bonus if you leave before year 3, and they offer a 200k one time bonus to go A2A. Thus, analysts are incentivized to stay with the firm.

People still leave for buyside but it’s definitely less common. Exiting to corporate roles seems to be more popular. I’d say that Lazard would give you a better shot since it’s a more well trodden path.

 

Molestiae magni et itaque dolorum. Iure ea molestiae earum est aut. Qui explicabo in consequuntur fugiat dolorum. Repudiandae commodi voluptatem commodi iste sint ut modi.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
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...”