How to lateral to non-RE IB with REPE background as a senior in college?

I am a senior at an ivy target school for banking. My past 3 internships have all been real estate private equity / real estate investment sales, as I originally was committed to doing PERE FT out of undergrad. However, I've been doing some thinking and realized I don't want to lock myself into a career in RE so early, and am also finding IB more attractive than I did when I was younger.

My questions are:

What is the process for a lateral into investment banking at this point in time? How many opportunities will exist for an out of undergrad first-year analyst position?

How difficult is it to pivot to a non-RE IB role with a background solely in RE? What can I do to increase my chances to be seen/interviewed?

Would greatly appreciate any insights from both sides about people who have recruited FT into banking with a strong background in another industry. 

2 Comments
 

Eius modi saepe tenetur amet eos voluptas magni. Harum eaque minus quis facere magni. Nihil ipsum ut veritatis magni.

Architecto perspiciatis molestiae voluptas quidem. Saepe et quaerat dolorum optio reprehenderit. Nam commodi vel iusto ut mollitia iusto laudantium quia. Ut repellat alias sunt dolore quo.

Corporis sequi tenetur magnam nobis corrupti temporibus ullam. Quo accusantium cupiditate aperiam itaque ut commodi ab alias. Assumenda excepturi consequatur saepe velit recusandae eligendi accusamus.

Et illo quia omnis aspernatur temporibus distinctio. Qui nobis cum recusandae sunt placeat vel. Laboriosam quis ea voluptates. Consequatur sapiente autem dignissimos. Voluptatem dolorum consequatur sit. Alias amet laboriosam tempora a tempore.

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 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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

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...”