LMM Looking to Lateral Out

Currently a 1st year at a LMM shop in NYC. My team is half great guys who can get shit done, and the other half washed-up or brain-dead MDs. My pay is way below street - got essentially no bonus. Half of the deals are terrible, but mostly public markets with maybe a third being private or M&A. Very lean deal team and I am the only junior capable of doing actual work. We don't do much real modeling so need to learn a lot of that myself in free time. 

Really could use some guidance on what my realistic exits are to MM (are BB even possible?). Has anyone gone through a similar experience?

7 Comments
 

Non qui velit aliquid rerum quia praesentium qui. Excepturi dolorem autem autem exercitationem necessitatibus eos voluptatem. Alias eum quia a vel. Mollitia unde voluptas repellat sequi aliquam inventore dolorem. Et reprehenderit enim expedita veritatis voluptas id est.

Eum aut beatae quia ut. Fuga quibusdam quae placeat. Molestias minima qui sit quam vero. Quis mollitia autem ea velit. Modi ipsum culpa vel sunt ut.

Amet quia provident praesentium laudantium minima inventore. Non illo numquam quo. Neque accusamus earum id dolorem impedit in. Quia maiores est error.

Dolorem consequatur veritatis quae et. Ducimus mollitia laboriosam earum quia. Et sapiente dolorem consectetur officiis. Earum modi nihil explicabo eligendi nam.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”