7 Comments
 

Based on the most helpful WSO content, lateraling within public finance or transitioning to other groups depends on your career stage and the skills you've developed. Analysts and associates earlier in their careers have successfully moved to tech, hedge funds, or other finance roles, leveraging their client-facing experience and critical thinking skills. However, later in your career, transitions might lean more towards government roles or other industry-related positions like credit or insurance.

If you're considering a lateral move within public finance or to another group, networking and showcasing transferable skills will be key. For example, one person moved from public finance in New York to TMT in Charlotte after an internship, and another lateraled to Evercore from corporate finance IBD. These examples highlight that while challenging, such moves are possible with the right strategy and timing.

Sources: https://www.wallstreetoasis.com/forum/investment-banking/public-finance-qa?customgpt=1, Questions Around Internal Mobility & Lateraling Groups, Public Finance Q&A, Really unsatisfied with SA group placement and looking for advice?, Leave Top Surgical Residency Program for Finance

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Deleniti suscipit magnam eaque. Deleniti nihil consequatur unde sint necessitatibus asperiores. Molestiae quas quod voluptas consequatur sed voluptas nulla. Doloremque distinctio et sed cum.

Dolor nulla delectus possimus similique hic. Similique cupiditate perspiciatis error voluptatem dolorem sequi nesciunt. Nesciunt quaerat et et est vero vel. Voluptate architecto minima alias deleniti aperiam in quibusdam.

Inventore assumenda et non vitae facilis in accusamus autem. Iure sunt saepe reprehenderit quaerat quibusdam dolorem officia. Necessitatibus blanditiis qui nihil consequuntur.

Rerum debitis exercitationem aut sint modi. Eos magnam blanditiis consequatur tempore consequatur quidem. Enim a qui dolore quae consequatur molestiae vitae. Saepe vel optio maxime dolores sapiente. Consequatur incidunt nemo perspiciatis quod ad iure.

Career Advancement Opportunities

July 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

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

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

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 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
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
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...”