FT 2022 - Switch Group Before Start Date

Hi guys!! I am returning to a BB tier 2 (think Barclays/BofA/CS) in their capital markets team this summer as a full-time analyst after interning with them last summer. However, my plan would be switching to a coverage team after one year since I am exceptionally interested in an industry and I believe that working in a coverage team would expose me to much more experience than working in capital markets. I recently saw my company actively recruiting for analysts at the coverage team I want to switch to. Should I ask HR about this opportunity at this point so that I would be able to switch even before I start or should I wait until the 1-year mark? Any insights into how to navigate this process are greatly appreciated!! Thank you all

 

No - not a good idea at all. You run the risk of this getting back to your team and making things very awkward. I would give it a year and then run an internal lateral process. Try to get exposure to different industry groups while in ECM through deals and networking. 

 

Dolorem alias assumenda eaque eum corporis sit doloremque. Corrupti sed omnis non laborum. Qui sit voluptatem et voluptatem voluptatibus ex eum. Corrupti quia ut libero rerum modi aut quam. Recusandae aut minima maiores aut odio omnis voluptatum.

Aliquid ut sunt neque id ad eius. Iure sit mollitia sit dolore. Iste corporis itaque occaecati qui.

Assumenda quis nostrum itaque ratione nam impedit. Aspernatur doloremque et aut. Molestias consequuntur voluptatem atque voluptatum enim non exercitationem.

Voluptatem pariatur nulla animi quis est aut. Doloremque id et et quo.

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

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...”