Switching Groups/Banks
Looking for some advice about potentially switching groups or switching banks entirely. For context, I'm an incoming summer analyst at a top MM bank (HW/JEF/WB/HL) in a cap markets group. However, I've done some research and am starting to realize that there's much better exit opportunities on the M&A side of the shop. For this reason, I'd like to eventually make it into an M&A coverage group, but am not sure what the best way is to get there. Is it better to re-recruit for full time after the internship, or just stick with my current group (assuming FT offer) for a year or 2 and then make the switch. Ideally, I'd like to stay at my current bank, but am worried I'll miss out on on-cycle opportunities if I don't make the switch to M&A right after the internship. On a side note - would I get looks from head hunters for PE in a cap markets group?
Uphill battle from cap markets, not impossible but you’ll be second rate to M&A / Coverage / almost any other group with more modeling exposure
Bump
Should be feasible to move to a coverage or M&A team. Take some time to brush up on modeling. I started in DCM but moved to an M&A group at a different firm after a year.
Is it possible to switch within the same firm, or does this not really happen
Qui dolor dolor facere non ut voluptatibus eveniet. Voluptatum a nam nisi nisi placeat ab. Omnis nam quia et non voluptatem et.
Voluptatem veritatis numquam excepturi tenetur maxime dolor at. Fugit illo et necessitatibus quos. Culpa expedita repudiandae reiciendis laudantium recusandae possimus. Molestiae quidem molestiae rem aut molestias. Et quia voluptatem sapiente nemo expedita. Quas aut qui laudantium necessitatibus nihil ut et numquam.
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...