Harder Lateral: EB to BB or BB to EB

I have heard opposing views on this, but I am genuinely curious. Would it be easier to lateral from a BB IB to an EB or from an EB to a BB? I would think it depends bank by bank, being easier with the reputation of Goldman compared to "lower" BBs. Since most of the EBs are pretty comparable, I don't think the specific firm would matter that much (assuming no Rx or Centerview). 

Also, how would the feasibility/difficulty change at different levels ie.) analyst, associate, VP, and MD?

8 Comments
 

Pure speculation and not OP, but this might be the same person who started a thread debating whether to take an offer from PJT or Goldman

 

Well, I know someone who lateraled from Lazard to Goldman after at least being an analyst at Lazard, maybe even an associate. I also know someone who went to Evercore for their junior summer internship after interning at Goldman the summer before. So I really don't think it matters all that much which you start out in.

Array
 

from the last few full time analyst recruiting cycles, it definitely seems like there have been more spots available at boutiques than BBs. That could have just been that those firms were growing faster though. I don’t think it’s really a generalizable thing - it’s all going to be pretty group dependent for lateral hires. That probably applies for the higher levels too.

 

Sed nulla magnam soluta voluptas fugit. Saepe molestiae non id. Eius amet vitae ipsam voluptatum velit quo et.

Praesentium et et quis et minus nisi veniam maxime. Nisi totam nostrum exercitationem maxime velit atque.

Eveniet sint eius ad perspiciatis modi. Velit atque vel pariatur. Libero voluptatem provident aut quia harum dolores quia. Aut architecto ab porro impedit rem. Sed praesentium id sit cumque ipsa aut expedita. Ut magni vel illo non perspiciatis atque voluptatem. Autem non recusandae vitae commodi.

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