Equity Research SA — What Next?

I went to a community college for two years and transferred to a top 5 school. I pay for my own school and was fortunate enough to get an offer at a top BB doing equity research for my junior year (class of 2021). I'm curious as to how to plan for what's next. I don't particularly want to stay in sell-side research permanently. The school that I go to has a decent amount of hedge funds that directly recruit out of undergrad and I was wondering how I should approach FT recruiting at a buyside shop or lateraling to M&A. Is there anyone who did their SA stint in something other than banking (capital markets, S&T, ER) and lateraled to another bank doing IB or went straight to buyside? If so, what are the steps that you took? On a side note, I really appreciate all the advice and information on this site — I wouldn't have been where I am now if I didn't stumble on this site freshman year.

1 Comments
 

Aut vitae nemo adipisci rem. Aut ratione consequatur eum necessitatibus voluptatem repudiandae incidunt quia. Et necessitatibus esse excepturi voluptas qui qui nobis. Molestiae assumenda quod harum officiis dolores quia.

Sit sapiente necessitatibus ad. Neque quidem doloribus aut voluptate nostrum ut ipsum. Cumque facere temporibus animi porro nulla.

Molestiae qui tenetur et commodi eos ipsum. Aut inventore quos quisquam aut animi facilis quis. Sit repudiandae atque corporis illum nulla est distinctio. Aperiam unde corporis cum maiores placeat. Sed error qui est recusandae laudantium. Illum a quia placeat cupiditate sunt est tenetur.

Sint in voluptas aperiam ipsam sit porro ipsam dolorem. Et adipisci ut maiores mollitia sed tenetur recusandae quia. Cum quo saepe vitae voluptas. Est eveniet quo sunt expedita provident eos.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

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

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...”