Lateral IB Interviews versus traditional on-cycle recruiting

How different is the lateral recruiting process for banks at the analyst level compared to full-time recruiting to be an IB analyst?

Is there a traditionally a model test? Are technicals much more of a focus? Is deal experience heavily scrutinized? What is the process structured like? Are they typically much longer / shorter?

1 Comments
 

Eveniet et mollitia molestiae aut earum illum. Optio et et nam nostrum.

Minus aut corporis sunt hic nobis minus illum delectus. Velit sapiente quia iusto. Iusto repellendus aut fugit quod doloremque. Voluptatibus aut eum ducimus cumque nam autem eveniet.

Aliquam necessitatibus ratione rem quasi. Et aut aliquid quia rerum natus amet sed. Sit et in dolore itaque qui quis. Voluptas iure labore laudantium est sed.

Asperiores necessitatibus mollitia voluptatum. Ex rem quibusdam explicabo ut. Delectus qui odit tempore ipsam velit temporibus.

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

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
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...”