Any insight on the current IB analyst programs?? How long are the current programs now? I heard some banks have reduced their analyst programs at a poor attempt to be competitive across the street. Heard that GS, DB, MS are offering 2 yrs and then promotion to associate
Depends on the bank. I know at BMO most people get promoted after 2 years. Some people have to stay on a 3rd year but at that point most people just leave.
GS has a 2 year program but really fucks you over pay wise if you choose to stay on for the A2A promote (I.e, you are technically lower and make less $$$ than 1st year MBA associate hires) so nobody is still fucking staying
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Hi wildflower_08, just trying to help:
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Hope that helps.
My offer at Citi says 2 year program, but I personally know 3rd years on my team
2 years at Jeff
2 to 3 years, depending on the bank. I know Gugg and Roths are closer to 3.
Depends on the bank. I know at BMO most people get promoted after 2 years. Some people have to stay on a 3rd year but at that point most people just leave.
BofA - 2 yrs. analyst, 3 yrs. (and 2nd half of CY as A2) associate
GS has a 2 year program but really fucks you over pay wise if you choose to stay on for the A2A promote (I.e, you are technically lower and make less $$$ than 1st year MBA associate hires) so nobody is still fucking staying
They pay 150k base for A1 now, not to mention the huge bonus
Nearly all banks are 2 years with a 2.5 year thing if you decide to go A2A
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