Should I Lateral

I'm a senior associate at an EB firm in a sweaty group. Definitely don't want to do finance long term but could see myself doing 1-2 years as a VP before bouncing. 


I like the people and have a strong reputation within the group, but have been wondering if I should lateral to a GS / MS / JPM for a year or 2 before leaving to have the brand name give me more optionality. Thinking small startup or something more entrepreneurial. 


Wanted to get some thoughts on if I should stay put or if the brand name is really worth sacrificing on comp in the meantime. 

 

Associate 1 in IB - Cov

Probably not the worst idea but you'll obviously be giving up goodwill and comp. How are your hours now?

Yeah I don’t want to fall into a grass is greener trap here. The goodwill is huge and it’s such a shot in the dark starting at a new firm and I think personality fit drives a lot of your perceived performance as well.

Hours are bad. Among the worst on the street.

 

Voluptas commodi repellendus illo dignissimos dolores quas ab voluptatem. Amet modi magnam deleniti voluptatem sit deleniti.

Quo voluptas maiores facilis. Accusamus ab vero et atque ut minima. Nulla atque cum est provident omnis id corporis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”