MM IB to EB RX?

I work at MM IB in a generalist program and have been here about 1 year. Overall, I think the work is very interesting with a good amount of modeling and I feel pretty competent with my work, but I want to switch into a specific group rather than a generalist program. I worked on a RX deal in the past and I really enjoyed that type of work.

I was wondering if anyone has hired into a full time roll in a EB RX group? ( such as HL, PJT, Lazard, Evercore, etc)

Do RX groups ever have random openings where they need another FT analyst that is generally already trained? What is the best way to go about finding these opening?

Thanks

4 Comments
 
Best Response

Roles do open up if analysts decide to go to their buyside opps earlier than the end of their 2 year stint. Not sure about MM IB but had a colleague at top BB (MS/GS) from a different coverage group switch to RX at PJT/LAZ during his 1st year a few months ago. You would need to be really proactive and technically sound to make the switch.

 
"broadwayalltheway"

Roles do open up if analysts decide to go to their buyside opps earlier than the end of their 2 year stint. Not sure about MM IB but had a colleague at top BB (MS/GS) from a different coverage group switch to RX at PJT/LAZ during his 1st year a few months ago. You would need to be really proactive and technically sound to make the switch.

I am pretty technically sound and I think that I would be very qualified. It is just hard to identify when an analyst leaves PJT, EVR, LAZ, ect and interview right away. I am just trying to figure out how to do it from a recruiting perspective. I think I will take Brosef Stalin17 advice and try to network to find about opportunities as they arise. Unlike most people, I don't mind if I do banking for 3-4 years before switching into a buy side role.

Thanks

 

Corrupti recusandae sapiente nihil at. Provident minus enim et qui tenetur harum et. Fuga totam voluptatibus asperiores. Id ipsa non sequi quo. Doloremque quae voluptatem doloremque magni. Occaecati inventore ut similique cumque unde sint et impedit.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
BankonBanking's picture
BankonBanking
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
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...”