Career Blunder & Recovery Advice

Hi WSO-

I am just wrapping up 2 years of MBB followed by 2 years of LMM PE in a Tier 3 city. I have an advanced degree from a top target in a topic that has exploded in popularity over the past year, which I feel I have completely wasted by following the career path I did.

I see 4 possible options ahead of me, and would like to solicit feedback here on anything I may be missing, as well as what the WSO community thinks is best in my situation:

1) Recruit for a bigger PE firm in a better city (unfortunately I've only gotten 2 lateral interviews over the past year despite my deal experience, probably because I made the mistake of going to a no-name LMM)

2) Transition to a hedge fund (3 total interviews over ~6 months of recruiting for these; thinking I may have better luck at pods?)

3) Grind LeetCode to try and move back to software engineering, since I did internships in this area during college (I find it demoralizing since I'll be stuck in the same roles with 22-year old new grads)

4) Study hard for quant type finance roles and try to pivot that way (this seems the most plausible due to past internships) - obviously I have zero chance at the top prop shops, but I would imagine a mediocre sell-side quant role or a data science role at a buyside shop might be doable?

Would appreciate WSO's view on this situation, particularly if anyone has made a move into a quantitative role in the past. On a related note, for options 3 and 4, how do you go about not getting rejected the moment they see your resume? Thanks!

2 Comments
 

Et debitis quis modi id. Eaque et corrupti culpa rerum sit ut nihil.

Quia dolorum quasi dignissimos fugiat. Omnis atque dicta aspernatur eos animi sapiente. Tempore commodi aliquid quia ut. Laudantium totam nostrum fugiat.

Sed consectetur dignissimos autem molestiae eius pariatur adipisci distinctio. Aspernatur voluptas nobis quia amet. Doloribus cum aperiam officia sequi cumque est.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
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...”