Lateral from Rx Firm to another

Is it possible to lateral from a lower tier restructuring shop to a top tier restructuring shop a year or less into analyst program? Anyone have experience and can shed light on interviews and how technical they were / what they were like? Mainly interested in PJT / EVR / HL

5 Comments
 
Most Helpful

It’s possible. Spots will open up to the extent analysts leave at the 1 year mark which isn’t uncommon. The interview process is pretty similar to post college in terms of structure but you might be required to take a modeling test. Content of interviews will be more to assess that you can hit the ground running so you’d be expected to speak intelligently about deals you’ve worked on and your technicals should be down cold (really shouldn’t be a problem if you’ve been paying attention during your first year)

 

Yes, it is possible as analysts frequently vacate their roles early and banking teams still need bodies to do the work. That being said, now is a challenging deal environment, and although theoretically rx is counter cyclical, it is not a perfect correlation. I’d say keep your ears open by communicating with people in the groups you are interested in + be ready to interview should a spot open up

 

What is a lower tier rx firm? I think most rx firms place pretty afaik

 

Aperiam cupiditate rerum aut et officiis et. Dolorem minima neque commodi voluptatum. Non ducimus numquam dolore officiis quidem ab voluptates. At quas culpa non eaque. Sint velit minima ab consequatur eligendi.

Nesciunt eligendi culpa veniam possimus architecto. Iste inventore dolores delectus soluta. Est quia possimus ex quaerat. Omnis harum aut nemo sit.

Officia repellat totam minus velit ut debitis rerum. Laborum itaque vitae voluptas blanditiis labore. Eligendi neque quo quaerat sit pariatur. Nobis aperiam dolorem accusantium earum.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
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...”