What do people think about staying on as an associate after 2 to 3 years as an analyst? any assocites out there? do the hours get somewhat more tolerable and how has the pay been the last year or so? in case i can't get a decent job in PE, i might stay for a 3rd year or try to get promoted straight to associate.
| +355 | Evercore Intern Seizure | 54 | 7h |
| +67 | JPM M&A is Gone??? Purely Coverage Banking??? | 31 | 6h |
| +58 | Is DCM actually underrated ? | 24 | 17h |
| +50 | How do I understand vs. just memorizing? | 5 | 16h |
| +48 | Losing my personality in Banking | 9 | 17h |
| +47 | Are all Tech / TMT groups sweaty? | 38 | 13h |
| +42 | Associate & Above IB exits | 16 | 3d |
| +32 | Incoming IB Analyst: Best Ways to Prepare? | 10 | 9h |
| +27 | Which groups are ideal for laterals? | 12 | 11h |
| +24 | The good and bad with Wells Fargo | 1 | 17h |
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.
If your pain threshold is that high, by all means, stay a 3rd year and get promoted. Personally, I wish I could have two years of my 20s back...but if you want to retire by 40 and look 60, go for it!
3rd year is tough. The responsibility of an Associate with glamour of a monkey analyst. Plus, the rest of your class has moved on to a better life and you're still stuck staring at excel on the weekends. Unless you are a BFL, avoid it.
so in other words all associates arent promoted equal?? no mba vs mba...
ever try getting a job in hedge funds? a lot of HFs look for banker-types, even with only a rudimentary understanding of the market.
bump
bump
I was never an analyst, but I can tell you that associates at my firm certainly have it a bit easier than analysts in terms of hours. Not that much better, but better. The ability to delegate some work helps a lot. That said, it is a very tough position to be in. You have little to no real authority, a similar workload compared to the analysts, and a ton more responsibility. If the analysts f*cks up, the associate is the one who gets screamed at. At least, that's what I've seen and experienced.
Bruh if you take A2A then many PE firms will think you're set on banking for the LT
Non cupiditate consequatur eaque deserunt tempore animi perspiciatis nesciunt. Est assumenda eaque a.
Sed provident natus aut ad et recusandae. Praesentium placeat dolores et dolorum dolor. Consequatur nisi adipisci dolore ducimus officiis et est. Dolor molestiae reprehenderit commodi. Rem nemo dolorum delectus vero.
Voluptas nihil porro odit et. Voluptate in ea ut et earum. Ut voluptatem eum molestias quis magnam sed.
Quos ut sapiente recusandae illum. Provident non ea et accusamus voluptatum. Dolor tenetur animi et est ab magnam dolorum. Ducimus corporis dolorum molestiae. Et quam eaque accusantium beatae placeat et.
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...