Second year review

With many analysts exiting / exited already, anxious I'd be placed in the bottom bucket given the ranking system ("weaker" analysts are already gone). Any idea on how things might work out?

Also super frustrating that how impression / perception shape staffings, people's attitudes, etc. I have to consistently prove that I am not weak...

2 Comments
 

Based on the most helpful WSO content, your concerns about the ranking system and perception shaping your career trajectory are valid. Here's how things might work and what you can do:

  1. Ranking System Dynamics:

    • With many analysts already exiting, the remaining pool is often more competitive. However, this doesn't necessarily mean you'll be placed in the bottom bucket. Rankings are influenced by a mix of objective performance metrics and subjective impressions.
    • As highlighted in WSO threads, factors like work ethic, technical skills, perceived effort, and commitment to the industry play a role. However, softer elements like whether MDs like you, your deal outcomes, and even personal connections (e.g., shared backgrounds with staffers) can heavily sway rankings.
  2. Impression Management:

    • Perception is a significant factor in shaping staffings and attitudes. To combat this, focus on consistently delivering high-quality work and maintaining a positive attitude. Even if you feel you're being unfairly judged, staying professional and proactive can help shift perceptions over time.
    • Building relationships with key stakeholders (e.g., staffers, senior analysts, and associates) can also help. People are more likely to advocate for you if they see you as reliable and approachable.
  3. Proving Yourself:

    • If you're worried about being perceived as "weak," focus on areas where you can stand out. For example:
      • Take initiative on projects and volunteer for tasks that showcase your skills.
      • Be meticulous with your work to avoid errors, as attention to detail is often a differentiator.
      • Seek feedback regularly and act on it to demonstrate growth and adaptability.
  4. Long-Term Perspective:

    • Remember, rankings and reviews are just one part of your career. Even if you feel frustrated now, staying resilient and focused on your goals can help you navigate this phase successfully.
    • As noted in WSO discussions, many analysts burn out or fail to execute consistently. By maintaining your rhythm and improving steadily, you can position yourself for better opportunities, whether within your current firm or elsewhere.

Keep pushing forward, and don't let temporary frustrations derail your progress.

Sources: Performance of Top Tier vs. Bottom Tier Analysts (Q&A in Comments), Second Year Analyst is Paradise, Key Interview Takeaways - 2nd Year Analyst Perspective, Superday Advice From a Tired Interviewer, Annual Review was bad how do I bounce back?

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

Reprehenderit ipsum rerum est asperiores beatae non. Itaque ad illo et aliquid aut expedita nihil. Aut dolor quasi et animi rerum. Esse in temporibus est nihil enim dolorem enim. Tempore voluptate consequatur ut culpa eius ducimus.

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 (66) $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
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”