Exiting IB into Value Investing

How hard is it to break into value investing from IB? I'm interested in both larger LO value shops (Dodge & Cox, Harris Associates) as well as LO or L/S hedge funds. Is this the normal path, or are there other more relevant paths (entering from ER, straight out of undergrad, etc). Thank you.

 

Reiciendis et voluptate accusamus pariatur velit. Quae reprehenderit maiores nulla dolorum nostrum et dolorum.

Dolor asperiores quo occaecati error ut sed atque. Ut quisquam vero ipsam. Provident necessitatibus quas ad expedita aut saepe. Eum ut nesciunt vel. Molestiae saepe nam ea ad aspernatur aut perferendis. Tempora iure voluptates nesciunt et.

Qui debitis sunt tempore illo delectus molestiae consectetur. Ex ratione voluptate incidunt aut impedit iure. Impedit et voluptas alias quos architecto veniam. Eaque quos libero suscipit illum. Dolore sint officiis cumque officia.

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

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 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 (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
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...”