Lateral or Recruit for Buyside?

I'm currently a second year analyst within a specialized industry-focused MM investment bank. I started off-cycle in January, so I would essentially be finishing up 1.5 years by this summer. The bank that I work for is a well known firm, but I'm starting to worry that the specialized nature of my job may hurt me in terms of buyside recruiting. My bonus is coming up this summer, and I'm wondering if the best move for me would be to lateral to another investment bank within a different industry vertical (either stay in MM or move up to BB) or perhaps recruit for buyside gigs. I have had some recruiters contact me regarding buyside opportunities, but none really within the industry that I currently work in. I'm worried that I'll be at a disadvantage relative to my peers just because of my industry expertise (i.e., interviewing against a tech banker for a tech PE fund position). Has anyone been in this situation before? Any advice would be greatly appreciated.

1 Comments
 

Repellat eveniet delectus distinctio necessitatibus soluta ex sit. Id numquam nisi iusto reprehenderit ea. Aut ut atque nostrum sapiente tempore qui. Et beatae officiis illo et rerum hic.

Ratione beatae facilis illo dolorem et odio esse. Consequatur quia facilis molestias vel consectetur. Occaecati animi sunt eligendi porro. Aut sed ut ex officia enim. Deserunt molestiae eveniet accusantium voluptates quod ipsum sed totam.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Mimbs's picture
Mimbs
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...”