Lateral during/after rotational program
Hi all,
Currently at a MM in a rotational program, consisting of multiple 3-6 month rotations. While it seemed a good idea when I started, the practical implications are that because of the short tenor you have at all of these departments (infra, FIG coverage, Debt etc., all CF FO) means you don't really get good deal exposure. Because of this, I'm thinking of lateraling to a different firm, and try and find a coverage or dcm role.
My problem: I don't really have deal experience, more research/business development and doing valuations for various projects. So this would give me 3 problems when I would try to lateral: - Short employment so far- by the time I want to start lateraling it would be approx 8 months; - no real deal experience, while my competitors most likely will have this; and - hard to explain what I really did when jumping across departments because of the rotational program.
I would love to hear some input from people on here who might had to deal with 1 of these problems when lateraling.
Thanks in advance!
Bump
Why not stick out the rotational program? Are you in a rush to exit out of banking? If you think about it, an extra year or so getting a taste of all of the different areas of FO can be valuable in the long run and isn't really that big of a deal
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