When to hear back after first round (lateral)

Had a first round with a niche merchant banking boutique in a space that I enjoy. First round (with the MD) was scheduled for 30 min and it went so well that we have talked for 50 rather than 30 minutes.

He told me that they will likely have a superday in January. They just have started the recruitment process last week and I was one of the first candidates. The interview was Friday during lunch, when can I expect to hear back?

Back when I was recruiting for SA it was usually within a week. However, given that I'm literally one of the first candidates their interviewing with and the Superday being one day in January, I guess it might take some time, or what would you think?

2 Comments
 

Repellendus molestias itaque expedita. Amet optio dolor qui magnam aut. Eius deserunt beatae velit dolor voluptas quo blanditiis qui. Eaque reprehenderit aut blanditiis qui qui. Quis et illo ullam nesciunt occaecati atque tenetur. Sit debitis velit odit ut distinctio dolore consequuntur.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • 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 97.8%
  • 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 (14) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
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...”