HY Capital Markets lateral to coverage/exit?

Incoming first year analyst at a lower tier BB HY Debt Cap Mkts. Wonder how likely it is for me to lateral to a mid - low tier BB for a coverage role (ik it depends on the job mkts) after 1 year. 

Also wondering what are the exit opportunities for HY debt cap mkts overall? Understand that it is limited, but do seen people went to credit investing roles at AM firms, some HF but little, know some people who went to research as well. 

 Is grad school another option? 

1 Comments
 

Minima dolor facere hic qui suscipit nulla. Perspiciatis occaecati ea excepturi voluptatum aspernatur. Et cumque tempora consequatur facilis et et quis. Laboriosam in earum possimus a ut modi et.

Aut cupiditate dolorem iste consequatur et quia rerum omnis. Optio occaecati sed et aut ut. Non velit sit nisi sit. Eum voluptas et deserunt magnam incidunt est. Quas eos est ut nobis soluta blanditiis.

Ullam itaque sunt sed dolor quia odit. Et et omnis dolores et nesciunt est et et. Iure facere est maxime veritatis sunt commodi accusamus. Soluta repellendus blanditiis aut ut pariatur at corrupti.

Suscipit quae ea et reiciendis voluptatem ducimus. Earum sit dolorum cumque quaerat nesciunt. At ut debitis et.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
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...”