lateral networking (associate level)

I have been with my current company in a strategy/corp dev role for a less than a year but I am ready to move on and get into banking. Have short stints at other companies doing similar role and I realized banking is the right fit for me.

Since I do not have banking experience but do have relevant experience gained from top consulting firms, how would I go about minimizing potential concerns that people may have for not having a direct experience? Is there a specific bank that I should be targeting given my profile?

4 Comments
 
Best Response

1) Do you have an MBA from a top 10 school? If not, did you go to a good school for undergrad? 2) Did your consulting roles focus around financial services/due diligence? 3) When you say "top consulting" do you mean MBB?

If you answer no to 2 of the 3 above questions, I would recommend targeting boutique/lower MM firms, especially if they have a focus similar to what industries you have covered.

If you did go to a top MBA program, have worked at MBB, and have completed PE due diligence projects, then perhaps you would be able to use your school network to get interviews at BBs/EBs.

Basically, we need to know more details to give you a better idea of how you would fare / how to position yourself.

Good luck.

 

Ex magnam laudantium sed sed consequatur. Maxime et nisi sed debitis. Voluptatibus voluptas enim omnis magni sit. Sapiente voluptatibus quia ipsam id sint a.

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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
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...”