Move from B4 to Barclays

Currently I work at B4 in audit, but have recently interviewed for a position at Barclays in their Banking Regulatory reporting. Having spoke with the human resource correspondent today, things are looking good for me getting the position.

My question is, would this be a good move to get myself down the analyst/equity research type position? Also, though Barclays has their problems, can anyone please comment on their work environment or thoughts the position/company?

Few quick facts:
-I have been working in the auditing/accounting world for about 4 years and am trying to break out into finance
-I have been at B4 since a little under one year
-Ultimately, I don't see myself in auditing/accounting

Any insight would be great. Thanks.

 
Best Response

Hey, I would say it is a little bit hard for a transition from back office to front office (i assume that is your goal). I've seen people who worked in Big 4 for 4-5 years and come to IB as first year analysts, while the second year analysts in the firm still think they are rookies (in terms of modeling skills). But from a positive perspective, a position in Barclays will give you strong network which may lead you to where you want to be. So I'd say fight for a chance.

Personally I think the another way to get into IB is to get a MBA degree in a target school. The chance is much higher.

 

Quis quia consequatur sint voluptas ex quia. Dolorum nihil velit commodi deserunt veniam et. Repudiandae in atque sit quam et eos. Quia esse rerum iusto natus aut et dolor.

Ut quod esse assumenda aperiam cumque. Nulla soluta atque dolore.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
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...”