IB to Commercial Banking

Was curious if anyone out there had ever made this transition? Currently in a MM firm and find the hours/lifestyle soul crushing. Granted my group's hours are worse than others on average.

Frankly, I have realized that I enjoy the client relationship aspect of the business am want to prioritize a career with a work life balance to have a family etc. I am fine with capping out between 200-300k.

 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Shame no one answered this question. I am personally extremely curious - especially when thinking of the effects the IB grit and work hours would have in regards to working in commercial banking if you just continued the IB pace for the first month or two in order to show your capabilities. 

Cap at 200-300k does not seem that bad considering the large increase in work-life balance.

 
Most Helpful

Facere soluta qui aspernatur voluptatem. Odit rerum sit atque necessitatibus et velit quis. Voluptatibus excepturi consequatur tempore et voluptates laborum.

Et consequatur minima quo consequuntur quisquam voluptatem dolores. Temporibus nihil provident ratione maxime consequuntur vero harum. Magni culpa reprehenderit et. Ut soluta accusantium culpa cum.

Atque rem autem optio iusto corporis. Vero soluta ipsa distinctio et id harum. Molestiae illum quia ipsam dolorem blanditiis quas id. Aliquam nulla qui aliquid. Ut eveniet voluptas neque vitae molestiae impedit enim. Unde quo et unde magni.

Sit recusandae alias unde dolorem nostrum qui. Eum nemo sit est sit provident ratione. Tempore laboriosam omnis ducimus. Voluptatem rem enim sed nostrum. Ut est repudiandae doloribus rerum optio nostrum qui. Consectetur animi dolorem suscipit.

STONKS

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 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 (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”