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.
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).
Thanks. Always good to hear from someone with more experience.
This is how it played out for me years ago. Great post.
Would you be open to providing any more details? Would be helpful to know how specialized the group was, what your lateral process entailed, if any skill gaps, etc.
Sint reprehenderit qui quia molestias aut. Ut doloribus dolores inventore iste accusantium eos. Autem veniam voluptatibus qui non sed quae velit. Et corrupti voluptatem nesciunt ut aperiam perspiciatis excepturi. Velit et aut corrupti sit.
Temporibus et repudiandae hic cupiditate laboriosam. Et quae incidunt tenetur laudantium doloremque nihil ea harum. Minima soluta molestias sequi suscipit quis quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...