How to Lateral from boutique or smaller bank to BB or top 5 bank

Canadian student science 3rd year student here from semi-target, 3.9 GPA. Was not able to land an internship this summer due to missing the application as my plan was to attend medical school. However, I am very interested in investment banking and always have been, been taking some finance and Econ classes. At this point I know there is no chance I could get into a Canada top 5 bank or BB, but I’m thinking there may be a slight chance I could get into a smaller boutique bank. Just wondering what the realistic chances of lateraling to a Canada big 5 bank or a BB branch in Canada? Thanks

3 Comments
 

Velit sunt mollitia laboriosam. Maxime ut eaque repudiandae harum odio. Porro veritatis dolores quae.

Cupiditate nesciunt cumque eum quo qui debitis inventore. Veritatis voluptatibus quos facere ut eveniet quaerat.

Est odit nisi non dolorem error. Repudiandae omnis dolorem dolores sequi. Dolor non et ut omnis. Incidunt odio debitis deserunt est unde alias.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
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...”