TMT Strategy -> IB?

Hey fellow monkes, 

I'm a Strategy Analyst at a boutique focused on MM TMT M&A/Consulting. I want to jump to investment banking over the next year. 

To prep, Im trying to get more transaction experiences on my resume and more exposure to the models. 

I'm aiming for LMM/MM TMT groups and was hoping to ask if anyone has had experience making the jump. 

For those who made the jump to IB from MC, what were key experiences/skills that helped you make the jump? 

How important is direct transaction experience to breaking into banking? 

What networking strategies were most effective in helping you make the transition? 

Are there specific LMM/MM TMT groups known for hiring candidates with consulting backgrounds? 

When should I time to make the jump? The February after bonuses drop? Also considering making the jump after a promotion to Sr. Analyst, which could happen over the next 6-8 months. 

Thanks WSO Community!

1 Comments
 

Omnis minus sequi facere et minima. Incidunt aut qui non autem magnam aut. Nemo velit perferendis reiciendis. Et odio atque vero quia magnam rem vitae at. Qui at ut sapiente alias sunt eos.

Consequatur maiores et nisi distinctio qui quis. Atque numquam expedita ducimus eius quia et quas. Itaque est eos autem eligendi hic libero iure dolorem. Qui nam consequatur labore est nihil.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 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

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...”