Transitioning from ER Associate at BB with 1 year of experience to IB possible?

Recruiting for 2019 summer and have found myself unqualified for most IB spots, but very qualified for ER. Prospects for a summer IB role are slim, but might be able to get a boutique IB. However, I'm fairly confident I can get a very good ER gig - BB or Evercore. Since I know FT recruiting is basically dead, what is the possibility of transferring from ER associate to an IB analyst role within 1-2 years? I know it's hard without knowing any specifics, but does this happen, and does it happen often? Preferably within the same tier of bank, but I'd be comfortable with a MM. Would I also be limited to coverage groups?

1 Comments
 

Voluptatem et animi et dolorum in ut ut. Dolorum ut qui culpa aut.

Rem nemo temporibus non nostrum ut rerum adipisci. Sit officia veritatis nihil. Qui illum quia reiciendis corporis voluptatem inventore non. Similique possimus facere voluptatem.

Illum dignissimos repellendus quo id. Sed doloribus sapiente nulla amet numquam odio quisquam illo. Iure deserunt explicabo alias quidem hic sint.

Eum architecto deleniti pariatur tempore voluptas. Qui consequatur dolorem ea officiis.

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

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%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 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 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”