If I want to Lateral, how does PE/GE recruiting work?

Incoming analyst at UBS/DB/WF level bank . They offered me an internship early & I took it despite being in the pipeline for better banks. FT analyst market was dead in August so took the return offer. In a hardo group with terrible hours (to try to maximize exit opps from this place) and I'd rather coverage an industry I'm interested in for a stronger bank.

I only understand PE/GE recruiting at a very high level, but if I were to lateral to a better bank ~6-9 months into the job, that means I miss on-cycle recruiting right? So then I'm betting that off cycle opportunities with the better brand name on resume yields a better result than on-cycle + early off cycle recruiting with my current bank? I guess I could always try to hit on cycle with the current bank & if no offers I initiate the lateral process?

& finally, if I were to do "on-cycle" / early Fall recruiting during my second year as an analyst, can I still start that gig after the completion of my second year as analyst?

8 Comments
 

Im actually at none of the 3 I listed. But thanks for bringing minuscule prestige dickmeasuring into this again, ur a stereotypical wso loser who spends hours a day refreshing this site

 

DW so much about on-cycle. Off-cycle is much more common nowadays and keep in mind that the 2020 start analysts have yet to do on-cycle as well. If your group/bank is a problem, lateralling is perfectly fine. 

To live is to suffer, to survive is to find some meaning in the suffering.
 

like goya said off cycle recruiting is pretty common

ordo 2nd year on cycle and just start in PE after 3 years instead of the usual 2 - such an underrated move imo

 

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