How Hard is ER -> Coverage Banking For Same Sector?

Let's say you are a top performer. Want to stay sellside and like the idea of being a coverage banker. How hard would this be to pull off? 


Have you seen this happen? 

Also, how much more chill are coverage hours compared to M&A?(I know it varies, but aren't they usually lighter?)

4 Comments
 

I’m sure you could switch from ER to banking really easily if you wanted to as a junior. Rarely see it happens because ER people are often in research because they don’t want to banking and vice versa.

Research MD to banking MD is rare but happens sometimes. I think the head tech banker at Barclays was a sellside analyst who switched over, few more examples I can think of. 

 

Eveniet labore et esse. Eos dolorem qui sapiente. Beatae repellendus sapiente quasi tenetur.

Dolore aperiam rerum laudantium velit molestias qui ea. Non et nobis enim amet debitis. Pariatur quos dolor quisquam velit quos tenetur exercitationem. Voluptate excepturi minima rerum consectetur vitae modi illum.

Dolorem sed odit ut. Ab numquam aspernatur exercitationem perferendis. Voluptatibus suscipit suscipit id vel blanditiis consequatur ut.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
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...”