Lateral Market - Anything Right Now?
Anyone have any luck lateraling at the analyst level recently? Has been brutal for me so far.
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Based on the highest ranked content on WSO, here are some insights regarding the lateral market for analysts:
Demand > Supply: There has been a significant movement in the lateral market, especially in 2021. Analysts are quitting at alarming rates, and banks are actively looking to bulk up their analyst classes. This creates opportunities for those looking to lateral, but it requires positioning yourself well through networking and technical preparation.
Technical Skills: It's crucial to have a strong grasp of technical skills. This isn't just a bonus but an absolute necessity for lateraling. Dedicate time to perfecting your technical knowledge to stand out in the recruitment process.
Persistence and Timing: The lateral market can be challenging, and it often feels like a tough journey. However, persistence is key. There will be moments when you might question if it's worth the effort, but staying motivated and prepared can eventually pay off.
Networking: Positioning yourself through effective networking is essential. Make sure you are well-connected and ready to seize opportunities as they arise.
For more detailed guidance, you can refer to the "Guide to Lateraling in 2021" on Wall Street Oasis: https://www.wallstreetoasis.com/forum/job-search/guide-to-lateraling-in…</a">Guide to Lateraling in 2021.
If you have any specific questions or need further advice, feel free to ask!
Sources: Guide to Lateraling in 2021, Guide to Lateraling in 2021, Lateral analyst in trouble, IB Associate Lateraling Troubles, Capital Markets Analyst Trying to Lateral--Advice?
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