Lateral this early?

Currently in IB at a very well regarded group but in a regional office in a city that severely limits exits. Have an interview with a bigger office of a bigger bank in a better city for finance. So the question is, is it worth it to pursue a lateral this early even though I’m in a good group? Or would it be better to wait until the 1 year mark? Or stay in this group and pursue recruiting a year from now? Obviously these questions don’t need to be answered until I have an offer but I think it’s important to think about it now as well.

Note: I am not recruiting buyside this cycle, but planning on it in next year’s cycle/off-cycle recruiting

5 Comments
 

Get ready to be grilled heavily on why you want to leave so early. You've really only worked there for less than 3 months (including one month of training). There will definitely be a few people who will be very hard to convince unless you have a really good reason to move. You have to convince everyone you talk to that you will not also leave that firm after a couple of months. Hope that makes sense.

That being said, if you already have an interview set up, why not go for it and see what happens.

 

Nihil ex placeat possimus aut. Vel ex tempora alias maiores dolorem. Accusantium deleniti rerum fugit. Veniam nesciunt molestiae recusandae eveniet in ab.

Sit quia excepturi ullam facere velit nihil dicta. Non rem inventore fugiat ab velit sit. Sapiente voluptatem vero saepe molestiae iusto sint qui vitae. Doloremque dolorum sequi rerum voluptas ipsam.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 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 97.7%
  • 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 (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • 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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
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...”