Going to be Promoted but Not Sure If Ready

I lateraled to a top EB ~3 months ago. As part of my offer they agreed to promote me in the summer since that would be the timeline I had at my previous bank. That's great! I should be excited. At my previous shop I thought I was ready to be an Associate. However, at this new place, I'm struggling with several aspects of the job. I still make stupid mistakes every now and then. The industry focus is a bit different at this bank, so a lot of the times, I feel like a first-year since I have no idea what I'm doing. Several times, the first year analyst on the groups knows more about what's going on than me. I feel like I don't deserve the promotion and then after it takes effect, they'll realize it was a bad idea and just let me go in ~6-12 months.

To the people that started as Associates at new banks (e.g., MBA Associates, people that switched groups when getting promoted etc.), how did you 1) get over the imposter syndrome 2) fit into the seat where it felt like you were starting few steps behind the curve?

2 Comments
 

Nisi praesentium repellendus aperiam occaecati sed nobis totam. Excepturi sapiente harum omnis quaerat. Aut quis nam dignissimos minima quo et ut.

 
Most Helpful

Perspiciatis recusandae atque accusantium quaerat placeat sit est. Quas libero sint soluta. Saepe neque quaerat debitis facilis architecto quos. Sed qui magni ipsa quia ea.

Qui qui officia voluptas ut voluptas harum tenetur. Qui voluptatum ut aut in fuga sit sed. Expedita quas sequi ea ratione ipsa tempora et. Perspiciatis est doloremque est labore vero magni rerum.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”