How to not get pidgeonholed into capital markets (SA) - Sophmore at capital markets

Currently an SA (sophomore) at a capital markets focused boutique bank. We do some pretty interesting work, and the exposure is pretty great. I get to work with models, clients, and investors regularly. However, it has become pretty stale to me already. A capital raise is a capital raise, and the work isn't as cerebral as product/industry coverage. From what I've read, exit opps in capital markets aren't that great either.

Going into SA recruiting, what's my best bet to prevent getting pigeon holed into capital markets? How should I spin it? Ideally want to do product coverage at a BB., 3.9 gpa from a semi target so I have a pretty good shot at getting interviews at least.

3 Comments
 

I would spin it by saying that you enjoyed your capital markets experience from the previous summer but are looking to broaden your experience in finance. On top of that, have a good story on why you want to work in a particular product or industry coverage group.

If you were a rising senior looking for a FT offer, you might have fewer options but it sounds like you are far enough from graduation to take on some new experiences.

 

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