Specialized Coverage Group Pigeonhole

If I join a specialized group, how severe is the problem of pigeonholing? Specialized IB groups include anything with distinct accounting/modeling/valuation metrics like real estate (e.g. NOI, AFFO), PU&I, Infra (debt sculpting), FIG (levered DCF, net interest margin), etc.

From there, what are the prospects of moving into groups like M&A, RX, C&R, TMT? What are the odds of exiting to PE/AM outside of the coverage area? Thanks in advance.

5 Comments
 
Most Helpful

People on this forum are neurotic jfc. I can guarantee you that if you are good at your job, every single BB will have the opportunity for you to switch from a "worse" group to a better one, as well as there being opportunities to switch firms. Just get top reviews and network. One thing that I would actually recommend doing after you've proven to be a top performer is telling seniors whom you trust/like about your desire. I think you'd be shocked at how many seniors are willing to help those who are top performers (the answer, btw, is most contrary to what this forum tells you).

 

Asperiores quidem sit corrupti molestiae quo alias. Doloribus velit nihil officia consequuntur autem. Asperiores quam ex ut quod. Consequuntur fugiat quis illo praesentium nostrum velit sit. Deleniti ut ullam sed ea repudiandae suscipit. Ducimus ut enim earum beatae eos quam ut.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”