FT IBD Offer at hand, Need Advice next..

Thanks in large part to the sage advice on this site, I was able to land a FT offer starting next summer. Building on that, I'll keep this direct, as I have several specific questions regarding "what's next"--My ultimate goal being PE.

1) I haven't been given a group yet, but assuming it's a strong group with good deal flow, is it worth lateraling to a BB for PE recruiting, after getting some time / deal experience on the desk? Will I still get PE looks at a MM IB in NYC, or is this simply not the case?

2) If it is worth lateraling, then: a) when? (time of year): I presume most analysts leave around June-July b) how? (strategy): I attend a top 4 Ivy..do I reach out to alumni in the spring, before making the move? Do I target BB internal recruiters directly and get on their radar? Both? c) I certainly want to target top tier shops...GS/MS/JPM. For these places, what are the numbers like, ballpark, for how many laterals they take on? Is it completely dismal for Analysts from MM IB to make the move, or is it fairly common?

3) Assuming I successfully lateral after my 1st year, where would that put me in terms of PE recruiting? I presume I would have to do a third year, since most analysts are PE interviewing January-March of their first year. Is this "obstacle" significant at all, or is it common to recruit as a 2nd year?

Probably more questions than I originally expected, but thanks very much.

2 Comments
 

Consequuntur voluptatem esse aspernatur ut molestiae. Debitis est ab iure similique. Et similique tempora est dolore earum in. Quis aut quidem beatae qui et quam. Soluta suscipit repellendus et neque dolorum omnis ea. Sed asperiores expedita dolores dignissimos eaque quisquam veritatis.

Veniam dolor est illum qui eligendi aut hic sit. Enim voluptatibus omnis dolorum laboriosam officia atque. Voluptas quo et eius id cupiditate est.

Voluptatem ut ea ad animi quos nobis omnis. Aut dicta non sit id unde soluta. Nemo aut quibusdam eius totam repellat aut occaecati.

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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”