Equity Sales to IBD?

Hey everyone. I interned at a top BB this past summer (MS/GS) and received a full-time offer for an equity sales role. Really excited for the job and just want to focus on excelling at it, but long-term I recognize I would rather be in a different position. 

Ultimately want to end up on the buyside and know that won't be through sales. How is lateralling from an equity sales role to IBD? Is this common? I can imagine to ECM it would be very possible, but more interested in a coverage group (i.e TMT/FIG). 

Two major questions: i) assuming bank has strong internal mobility, would you lateral after two years as a fresh analyst in IBD or on a fast-track for asso; and ii) how do you handle telling your team internally? I imagine that would piss off the team a lot tbh especially if you own client relationships by then.

Would love words of advice from anyone that has done / seen this. Imagine it's not too common, but if pulled off could be awesome as i) IBD at top BB would be great for funds and ii) will know dozens of PMs/CIOs on a first name basis by that point on time. 

1 Comments
 

Cumque deleniti modi est aspernatur et eum. Magnam numquam occaecati dolor officia voluptates tempore. Ipsam ut qui sed nulla natus. Minima reiciendis sequi quo velit asperiores. Sed et consequatur iusto repudiandae.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”