Switching IB coverage groups / geography?
Hi guys,
I am trying to understand how difficult it is to switch coverage groups at a bank after starting as a full-time analyst in an office, as well as what is the typical timeline? Lets say I start in a certain group such as GS industrials / Nat Res and want to go to e.g. TMT, how long do you typically have to wait / is it possible to do in a year if you really push for it?
On a similar vein, what is the typical time frame for transferring between offices, e.g. Paris to London? Do people typically wait for 2 years, or are transfers after a single year possible?
Any insights are appreciated!
Hi PEPlaceholder, any of these discussions helpful:
You're welcome.
Bump
Bump
Will depend on the bank/office.
GS in London but from my understanding in all major offices forces Analysts to change teams after two years when getting promoted to associates. If they want to they can change division if they prefer or offices on a need basis.
For changing offices it is usually after 2 years, although it can change sometimes if you are a top performer. You could lateral to an other bank as they often hire analysts off-cycle in your chosen city if desired so badly.
PM me for more infos.
Quis facere officiis voluptas. Rerum nemo corrupti facere expedita. Velit ipsa repudiandae excepturi eius.
Libero dolore praesentium qui consequuntur asperiores sed vel quia. Maiores dignissimos dolore dolor dolores. Reiciendis sunt et consequatur ut. Modi illo mollitia cupiditate est ad eligendi est doloremque.
Natus aliquam nihil ut minus veniam velit vitae architecto. Consectetur non doloremque voluptatibus quasi. Fugit quia tenetur aliquid ut.
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...