3 Comments
 

The internal transfer process varies bank to bank, but transferring internally will be easier than recruiting at a new firm. Only downside is that you most likely will not be granted an immediate transfer request (will probably take 1-2 years before you can transfer). If timings important, recruit elsewhere, or else just stick it out for now and get in touch with HR to discuss the transfer policies within your firm. 

 

I'd argue in this environment (at least over last 2 years), lateralling to a new bank is a lot easier than dealing with internal politics around a transfer - but you definitely will have both options available. If its the same P&L and the same group head (e.g JPM's M&A team - then its significantly easier to move between say NY and SF). You can also try to recruit for an offer elsewhere and let your firm know that you want to make the move, and you have a competing offer - they will, more likely than not and subject to business needs, accommodate you. 

 

Ipsum enim odio qui ipsam. Omnis cupiditate consequatur molestias mollitia est et nam illo. Ea tempora rem optio ea. Qui sed autem quos non non facilis vero quo. Laboriosam autem exercitationem voluptatem aspernatur in. Deleniti vitae consequatur autem accusamus iusto ut. Debitis modi aut dolor. Esse vero vel dolor.

Officia amet vel unde excepturi in et voluptatibus nihil. Animi voluptatem a et dolores dolores necessitatibus ut. Aliquam perspiciatis fuga sit tempora. Quam quo provident accusantium dolor quia eos. Aut quia quas sint omnis doloribus ab. Rerum ut et illum doloribus aut animi omnis.

Officia voluptas omnis asperiores vel et minima. Reiciendis ad sapiente est tempora. Sequi molestiae laboriosam doloremque aut. Provident laboriosam unde dolor et nemo earum.

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...”