Recruiting for RX FT from a BB Coverage Group

I'm an incoming SA at a BB in their tech group. I was originally targeting restructuring groups but struck out during recruiting. How hard would it be to recruit for a restructuring group for FT from  a BB tech group? I just want to see if it'd be worth the effort to try because I'd imagine it'd be pretty hard without any prior RX experience. 

11 Comments
 
Most Helpful

I genuinely think the work is more interesting. I also have interest in potentially pursuing distressed investing and doing restructuring first would be an easier path towards that. 

 

Actually in your same situation, interviewed at PJT but inexplicably didn't get it. I believe during the first years the transition is quite straightforward if you are in a BB, especially GS/MS/JPM

 

So you're also going to SA at a BB? How are you going to approach FT recruiting for RX? Unfortunately I'm not going tp GS/MS/JPM but to a respectable group at a mid-tier BB

 

Veritatis eligendi qui occaecati quis. Id veniam aut quam odit.

Career Advancement Opportunities

May 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

May 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
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
Linda Abraham's picture
Linda Abraham
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...”