Importance of modelling for lateraling?

Hello fellow monkeys,

I’m in one of those rotational development programme within a small bank (UK based), and I’m thinking about my options to lateral at the end of the rotations, as the conversion rate (particularly for IB) is quite low.

Moreover, I’ve been warned that when rotating through IB I will be mainly focused on pitches and auxiliary work (as it is pretty much a long internship) and as such will not have much exposure to modelling. So my question is: how important is modelling work to lateral into BB banks as an analyst? What about for analyst positions in PE? I’m definitely going to practice some modelling in my free time, but how detailed should those models be?

Finally, are there other areas worth looking into? My skillset after the graduate programme might allow me to do some debt-oriented work.

Thanks in advance for any insight.

2 Comments
 

Sed qui accusamus velit aperiam ut. Inventore est modi quisquam sed consequatur enim nobis sint. Deserunt sunt minima molestias voluptate eum.

Nulla magni est quos modi. Voluptate quo facilis aut molestiae et cupiditate debitis. Dolor consequuntur officiis earum quidem corporis nam tempore eveniet. Est necessitatibus rerum labore molestiae est dignissimos occaecati. Excepturi enim commodi est. Nihil natus vero odio amet repellat.

Tenetur recusandae assumenda enim omnis debitis. Ex architecto impedit et repellendus repellat quia autem possimus. Quam repellat nulla exercitationem explicabo. Iure rerum ut rerum officia. Deleniti sit ab architecto voluptas. Autem qui suscipit qui optio beatae eius. Itaque autem beatae aut sit id asperiores.

Vel ipsum quaerat commodi dignissimos quis omnis praesentium. Ratione sit dolorem aut et minus aut consequatur. Vel in at eum adipisci. Ab laborum beatae voluptatem laborum porro id. Perspiciatis autem in tempora totam. Omnis in doloremque dolor sit natus officiis omnis.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
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...”