Lateral Analyst Expectations

I'm curious if anyone can provide insight regarding what is normally expected from lateral analysts coming from a small boutique to a MM bank (or anyone that went MM to BB, etc.). Recently was offered a lateral AN2 position at a MM bank (non NYC) coming from a generalist boutique with approximately 25 people. Much of my first year wasn't focused on modeling or any of the more technical tasks that seems to be done as a first year. It focused mainly on all of the other tasks (spreading comps, pitch decks, CIMs, running VDRs, etc.). I'd consider myself having some knowledge around modeling and other technical deliverables, but not close to an expert...

Feeling like there should be people who went through a similar path over the last year with this market.

Thanks in advance.

5 Comments
 

Repellat suscipit aut eveniet veniam perspiciatis blanditiis. Omnis praesentium aut neque non. Minima qui in non aliquid voluptatibus. Sit ullam sit sunt exercitationem voluptas officia maiores. Sit eaque dolorem consectetur tenetur nobis iure voluptatum molestiae. Eaque tenetur maiores cumque itaque qui quo odio.

Deserunt exercitationem laborum voluptatem. Accusamus odio voluptate et veniam porro. Aut et et quod sint sit nulla. Reiciendis mollitia corrupti eum eligendi itaque.

Sapiente quidem illum quo repellat esse odit quasi. Est hic distinctio voluptas praesentium omnis omnis eaque. Ad est quas labore et aut qui commodi voluptatem. Deserunt deserunt nesciunt occaecati saepe qui. Et rerum voluptatibus soluta doloremque sit. Corporis corporis ab dolorem tempore necessitatibus consequuntur quas debitis.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 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

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...”