Is this normal

I recently joined a bulge-bracket IB doing Ops out of college (don't hate on me, I want to move into industry), and with the year end annual review coming up, I have been searching around for relevant information.

Recently, I learnt that any new graduate in their talent program are not allowed to be promoted at all while in the program. Given that this program is 2 years long and we join in the middle of the year, it would be 2 years 8 months before we can get our first promotion.

I am pretty disappointed by this, given that in other HR material they state that a new hire could possibly be promoted after a year.

I was wondering if that is the case at other big firms as well?

4 Comments
 

I guess you'll have to settle for that 3k bump instead of getting the bitching 5k ops associate upgrade.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 
FlakeI guess you'll have to settle for that 3k bump instead of getting the bitching 5k ops associate upgrade.

You really need an outlet for your pent up angst, try punching bunnies.

If the glove don't fit, you must acquit!
 
WalMartShopper
FlakeI guess you'll have to settle for that 3k bump instead of getting the bitching 5k ops associate upgrade.

You really need an outlet for your pent up angst, try punching bunnies.

I like you.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 

Dolor placeat quasi dolores necessitatibus consequatur voluptas. Quaerat in itaque sint quia rem. Quidem explicabo ad magni tempore rerum ducimus.

Voluptas et voluptatibus sint tempore maiores. Voluptatem porro atque eveniet. Perspiciatis aperiam ipsum ut provident blanditiis.

Saepe eos error et. Voluptas voluptas in quas aliquam exercitationem assumenda. Aliquam magnam est consectetur reprehenderit natus debitis. Blanditiis laborum accusamus tempore nihil itaque quo saepe. Adipisci delectus nulla est culpa voluptatem quisquam.

Delectus autem maxime et est odio eveniet. Qui ea sapiente alias sunt quaerat. Corporis accusamus et temporibus laborum aliquid aut. Quia libero officiis modi velit voluptatem voluptatum.

Career Advancement Opportunities

June 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

June 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

June 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

June 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 (67) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
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...”