Lateral to Sr Analyst / Associate without MBA

Hey monkeys,

So I started my current IB Analyst gig a few months ago and I am starting to think about the long haul. I'm at an industry focused boutique which has few to no associates and no real "promotion track". It's made up mostly of analysts and senior bankers.

Given that I have my CFA and Master's in Finance, what is the likelihood I will be able to lateral to another IB as a senior analyst / associate after 2-3 years? I'd like to make the jump to MM, but it seems like they all promote within or hire recent MBAs.

Any thoughts?

Thanks!

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