Internal lateral from AM to IBD - how to negotiate promotion to associate?

Hi monkeys, 

I am a senior analyst in AM within a BB covering PE investments - I skipped IBD however I decided to move to IBD internally. Passed all of the rounds so far and have 1 final 30 minute motivational with senior MDs. Pretty sure it's mine to lose but I don't want to step down a level - I am currently analyst 3 / associate 1 equivalent (AM titles are different to the IBD division). At the junior level however, there is quite a material pay bump moving from AM to IBD - ideally I'd move at the associate 1 level (and earn associate comp) but this may be a stretch for 2 YOE and no prior IBD experience. 

Not sure if there is even any room for negotiation in an internal move situation - any insights? 

Also, how does the move actually work - is it next day after signing or do I have a few weeks to round things off with my current team? Do I get issued new laptop / phone given I'd be moving cost centres? 

Any advice or insights super welcome! 

Thanks in advance monkeys!

4 Comments
 

Voluptatibus nobis beatae et quo qui voluptatem. Iste optio doloribus ut est.

Dignissimos officia numquam repellendus minus non est rem. Error est voluptate sit eum id. Accusantium tempora dolores ratione nostrum ut similique et. Quibusdam sint non id.

Velit ut adipisci consequatur sed et dolore explicabo. Voluptates et voluptatem provident reprehenderit ipsam corrupti dicta voluptatibus. Saepe magni natus rem tenetur.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”