IB odds
Opportunities to enter as an analyst for commercial banking or wealth management/private bank. If end goal is IB which path has the better shot?
Opportunities to enter as an analyst for commercial banking or wealth management/private bank. If end goal is IB which path has the better shot?
| +137 | Piper Sandler in talks to acquire PWP | 61 | 4h |
| +125 | Interns without return offers, careers & perspective | 11 | 8h |
| +114 | UBS Appears to be Exploring Sale | 14 | 11h |
| +102 | Just One More Year | 11 | 2d |
| +82 | Are all these UBS postings bullshit? | 21 | 10h |
| +70 | Bringing Deals as a Vice President | 20 | 10h |
| +66 | Paradise Is Paradise | 5 | 16h |
| +37 | Q&A | Investment Banking Analyst, UBS | 2 years in investment banking | 11 | 1d |
| +35 | Q&A | Incoming Associate, Bulge Bracke, AMA: Career switcher (tech sales/BD → MBA → BB TMT IB), return offer | (6 years in Tech/Accounting) | 6 | 4d |
| +32 | M&A is Paradise | 1 | 2d |
Career Resources
Finamazing20, pure crickets, that's where I come in. Any of these useful?
More suggestions...
I hope those threads give you a bit more insight.
Bump
I don’t know wtf I’m talking about cause I’m just an incoming analyst but I did an internship in commercial banking and got to meet a few investment bankers and I networked with them. I ended up getting an interview with the same bank but didn’t do it cause I had already accepted another offer.
Thanks for the response! During your internship in Comm banking did you find what you were doing/learning was directly transferable to your role now in IB?
Not really. Like I said I only interned in commercial banking so I didn't get to do a lot. But from what I saw my seniors do, I don't think there many transferable skills. But the network is good
I would say definitely commercial banking.
Commercial banking, realistically the next year is going to be tough to lateral. I’d focus on making a move to corporate banking first, particularly groups which model or if your firm has it commercial banking leveraged finance.
PWM particularly on a team can be a great career, but it doesn’t set you up for IB.
Appreciate all the comments. From what I understand the firm has good groups and the PWM is in a group. On side note. Just got an offer from a major O&G company for FP&A now throw that in the mix. Lol
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