Where do associates and up exit to if they don't like banking or PE?

I know corp dev is an option thats often mentioned on here... but for those that already did their MBA, and don't have the option of going to PE, where else might they end up?

3 Comments
 
Best Response
"James-Owens"

If someone dislikes deal making (PE/IBD), they may be interested in trading/investment management. Many people, in IBD often go into long/short AM funds. Also, many bankers go into hedge funds. The roles are quite common, though it'll be harder to break in as an associate.

Also, venture capital is a common exit opp, though they tend to like people with good quantitative skills. Not to knowledgeable, on this sector, but it's pretty profitable (HF and AM is too, obviously.

Disclaimer: I'm still in college, but my post should be fairly accurate. If someone with more experience comments, they are likely more knowledgeable than I.

VC a common exit opp? Seriously? I think I've seen maybe 1 Associate of out a hundred make that move. I'd say that out of those who leave banking as associates the overwhelming majority will move into industry, likely into a corp Dev/strat or corp fin role. I've seen some go into tech startups in product or GM roles.
 

Delectus quasi sint laudantium eum voluptas distinctio. Corrupti voluptatem temporibus nobis magni nisi. Et in voluptatem sunt et. Reiciendis repellat nulla voluptatem eum voluptate. Dolorem ut ipsum tempora labore quia.

Sint voluptas explicabo quidem fugit. Sit magni perspiciatis corporis. Sed laborum corrupti nemo dolorem. Occaecati iste vel ut impedit.

Rem voluptatum quis enim repellendus pariatur ut magnam. Maxime vel nihil asperiores omnis suscipit est. Sed ut adipisci ducimus reiciendis esse adipisci. Doloribus enim corrupti perspiciatis. Veritatis sint ducimus ea repellendus. Et odio iusto iure placeat. Aspernatur dolore quis odio inventore cum.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”