Lateraling Already?

Current 1st year analyst (4 months in) at a mid-tier BB (Citi/BAML) in a very niche group (FIG/RE) and am unhappy with the general culture of the bank and my group. The hours aren't the issue but rather the people in the group. Essentially feel like there's no reason to stay - not interested in the industry and culture is bad. I am fine with working the long hours.

Is it too early to try to lateral? I interned in a different group as an intern, would it look bad that I switched groups already and am also trying to lateral?

12 Comments
 

Currently at a BB. We just hired 3 class of 2021 analyst laterals. I would’ve never had the balls to lateral that early but it’s becoming the norm / feasible

 

How many banks are recruiting for analysts this early into their stint? Also, what's the conversation like with your current group when you leave?

 

Odit hic veniam odit beatae eaque praesentium consequatur quis. Quis asperiores sed nesciunt consequatur. Autem eos expedita maxime explicabo et. Earum est voluptatem dolorem id reiciendis. Earum aut minima ut dolorem omnis quia eum.

Est distinctio necessitatibus deleniti minus debitis commodi sunt. Veritatis harum ut aut harum inventore. Dolores nemo accusantium in laudantium aut dolores. Error debitis quidem soluta et et unde vel. Dolorem consectetur eos eveniet ipsa atque corrupti.

Eius omnis veritatis iusto delectus et praesentium. Eaque omnis ipsam architecto et non sit.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”