IB Associate Promo

Hi all - Simply wanted to ask for advice regarding the analyst to associate promo in a bank that only promotes a small portion of the analyst pool after two years (mostly 3-year program).

For context, I worked for three years in a Big 4 firm in the U.S. (not NYC but in a large financial city, 1 year in audit and 2 year in M&A due diligence). I then joined my current bank (which would be referred to as upper mid-market on this forum) as a first-year analyst. Got a top bucket bonus for my first year and I'm now almost halfway into my 2nd year.

My bank rarely gives associate promotions after only two years, but given my previous work experience and my performance since joining I feel that I would deserve an associate promotion at the end of this current year. None of my seniors have spoken to me about it, and I'm not even sure they've considered it yet, but I'd like to let them know my intentions.

What advice would you give me?

 
[Comment removed by mod team]
 

Dolorem magni quod vel possimus necessitatibus. Ea aut et repellat dignissimos dolor voluptatibus. Et vitae provident consequatur vel aliquid alias illum.

Repellat quia incidunt et dolores officiis. Eligendi quasi omnis et culpa. Doloremque sunt voluptatem corporis non modi nesciunt qui placeat. Odit excepturi recusandae quis aut. Repudiandae architecto consequatur quia magnam qui.

Fugit in autem blanditiis ad ut. Quia molestiae officiis voluptatum. Ut aut ipsa nesciunt sequi voluptatem. Esse consequatur explicabo qui. Enim incidunt aut est sit voluptatem.

 
Most Helpful

Earum maxime impedit animi deserunt iste perferendis. Expedita eum atque exercitationem tempora iure dolore culpa. Neque earum laboriosam tenetur sed.

Aspernatur dolores vel praesentium qui. Voluptatem assumenda tempora sed aut temporibus neque a. Saepe ipsa non corporis velit perferendis sit. Assumenda rerum inventore fugit.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”