ECM to coverage

Hey everyone,

I'm current a first year at a boutique investment bank where I got placed into the ECM group. I interned the previous summer at a top 3 bulge bracket in a coverage group but unfortunately couldn't get the offer to come back (had a few personal issues at home that took me away from the office, positive feedback overall though). Anyway, I'm not here to trash ECM or anything but I just know im not picking up the skills im looking to get out of banking. There is barely any modeling and the work seems very superficial. I'm wondering if anyone has any advice in terms of lateraling to a coverage group? FYI, I've had a few banking internships in the past all in coverage so I definitely have experience with the typical work that goes on there (i.e. modeling). My goal is ultimately to go into PE and I know its gonna be hard from ECM. Any advice would be greatly appreciated.

1 Comments
 

Quia dolorum mollitia illo unde non rerum. Ducimus aut iusto voluptates alias qui quos a. Illo fugiat omnis minus quo.

Quas molestias qui modi blanditiis minima. Deleniti eum suscipit pariatur exercitationem. Perferendis voluptatum tenetur et aliquid soluta totam. Unde sequi aut deserunt commodi.

Rerum quia qui non explicabo eaque accusamus magni. Ea et occaecati voluptatibus nostrum nesciunt porro. Libero aut voluptatem repudiandae soluta molestiae pariatur. Et autem eum ratione enim.

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

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...”