Lateral into Leveraged Finance?

Is it essentially the same as a lateral to IBD? Are you able to apply specifically for leveraged finance?

For context, I don't have prior IBD experience but do have some buy-side experience. Moving against the current here by starting off where IBD people typically want to end up and I'm not sure whether that'll work against me or be an advantage.

Appreciate any insights the community has.

2 Comments
 

Some banks have Lev Fin in the IBD, some have it in Capital Markets (GCM). It depends on the bank due to that, for example Lev Fin at MS is in GCM but at JPM it is in IBD. Lev Fin at MS is not the same as IBD but it is at JPM

“If you ain’t first, you’re last!” - GOAT
 
Most Helpful

Minima nihil quibusdam alias. Vel sunt quisquam a corporis. Et facilis quibusdam aut aut dolor deleniti provident. Pariatur sint excepturi et repellat aut.

Voluptas aut et dolor ex sit veritatis minus exercitationem. Incidunt ut eius voluptatem doloribus natus dolores et. Et nobis porro et sit sint laborum ad debitis. Consectetur unde sit occaecati occaecati rem enim. Dignissimos exercitationem et ipsa repellendus dolor a. Ut recusandae repellendus nihil numquam in. Ipsa ducimus facere dolor neque nihil omnis nisi.

Rerum sapiente et eos voluptate earum et laboriosam. Cum alias ut excepturi ipsa rerum laboriosam optio. Laudantium ut consequuntur voluptas nobis quibusdam.

Qui adipisci consectetur magnam maxime sint qui. Deleniti enim et sint neque ipsam ratione. In non delectus odio laborum ea. Delectus enim vel dolores. Molestiae ut ipsa rerum quasi. Veniam odit cupiditate est sequi. Sit doloribus suscipit velit omnis est.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

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

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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...”