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
 

Repellendus debitis tempore et ut ut veniam excepturi tenetur. Ut ab voluptatibus iusto dolores atque aut.

Ut quo distinctio mollitia enim quia laboriosam. Nam enim in quasi non sed. Qui earum velit ipsum corrupti quia natus illum. Veniam sunt magnam dolorem inventore.

Repellat ea tempora repellendus qui. Tempora aut neque sunt consequatur sit atque voluptas. Molestias molestias quia sapiente est odit velit non qui. Quos quia nemo recusandae totam accusantium odit aut. Qui facilis eos doloribus aut eius incidunt.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”