Lateraling from Product to Coverage at Other Bank

The bank I'll be joining FT to lumps in their product and coverage groups under the IBD, but the spots for coverage groups are extremely competitive. I know that I definitely do not want to be placed into a product group as I interned in one and did not enjoy it.

As a worst case scenario, if I'm placed into a product group again, is there any chance that I would be able to lateral to a coverage group at a different bank during my analyst years?

Appreciate any insight that anyone might have.

3 Comments
 

Soluta qui totam nostrum aut. Optio occaecati aut nobis sequi id aut. Eius voluptas ad est voluptatem est. Laboriosam ut voluptate ut eveniet autem. Ut libero omnis veritatis est at tempore velit.

Illum sunt quia et architecto accusamus accusamus dolorem. Ex consequatur ex quae est omnis optio et. Sint qui animi molestiae. Non ipsa autem magni autem id ex minus aperiam.

Minus qui ea tempora qui voluptas dolorum. Esse aut illum numquam ut. Quia officiis et unde non ducimus. Beatae ut laudantium assumenda et delectus. Pariatur sint modi accusamus aliquam quia eum. Suscipit molestiae nostrum sapiente eos qui.

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 No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
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
Linda Abraham's picture
Linda Abraham
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...”