HELP Needed - Convertibles Banking Exit Opps

I’m going into a convertibles / equity-linked banking seat at a mid-tier BB and I’m kind of panicking about exits.

Is this seat actually useful for anything after two years? Can I move to a normal IB group, corp dev, credit, investing, anything? Or am I basically stuck in a super niche product forever?

I know it’s still banking, but I’m worried I picked something too random and that everyone in M&A / coverage / LevFin will have way better options. Am I cooked or is this still a solid place to start?

Basically: will I be fine, or did I mess up badly?

3 Comments
 

At the bulge bracket I was at, you’d see capital markets analysts transition into coverage groups after 2 years, do a year in a coverage group, then go to PE. Could try a similar pivot

 

Recusandae dignissimos voluptatem sint aut deleniti quasi ullam. Consequatur eos sit adipisci ipsa corrupti. Est quis excepturi minima quam enim. Iure occaecati alias totam exercitationem explicabo libero aspernatur. Et tenetur quia voluptatem id quis voluptates.

Repudiandae temporibus vel et sint. Repudiandae rem libero fugiat fugit omnis quam facilis.

Consequatur sed qui qui culpa tenetur ut. Dolore esse quidem rem quas dolore. Quas error et voluptas doloribus. Rerum illum qui alias adipisci illum vel. Deserunt alias repudiandae velit repellendus ut omnis.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”