Title; curious as trying to time entry to ensure that promotions from an1 to 2 are as close as possible to 12 months as possible
say a firm's typical start is the on-cycle in july, promotions take place in january, typically the first promotion would then be in 1 year and 7 months.
therefore would it be advisable to join earlier in january to avoid this 7mo stub?
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Based on the most helpful WSO content, timing your entry to minimize the "stub period" and align promotions closer to the 12-month mark can be a strategic move. However, the impact of such timing depends on the firm's specific promotion policies and how they handle stub periods.
For firms with a typical July start and January promotions, the first promotion often occurs after 1 year and 7 months. Joining earlier, such as in January, could theoretically reduce this stub period and align your promotion closer to the 12-month mark. However, consider the following:
Firm-Specific Policies: Some firms may still require a minimum tenure (e.g., 18 months) before promotion, regardless of your start date. It's essential to confirm how your target firm handles promotions for early starters.
Experience and Advocacy: Promotions are often influenced by your performance, transaction experience, and how well senior bankers advocate for you. Starting earlier might give you more time to build relationships and gain experience, which could positively impact your promotion prospects.
Personal Considerations: If starting earlier aligns with your financial or personal goals (e.g., needing income sooner), it could be worth it. However, if you're sacrificing valuable time for personal growth, travel, or preparation, weigh the trade-offs carefully.
Ultimately, while joining earlier might reduce the stub period, the decision should also factor in your readiness, the firm's policies, and your long-term career goals.
Sources: Graduating early - worth it or not?, Turning down HBS/GSB/Wharton for the Promote-Through, Associate Stub Bonus COVID, Did everyone with top offers get lucky with timing?, Q&A - Left First Undergrad with Sub 2.0 GPA====>Booth MBA/"Tier 2" Consulting
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