Lateralling in IB hurt PE outlook?
If you were to lateral from a lesser-known boutique to a BB/EB at the analyst level, is UMM/MF recruitment out of the question?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
bumping
As with most things in this industry, your general resume "appearance" matters a lot. What I mean by this is having a conventionally successful story of a brand name school to a brand name bank to eventually a brand name fund.
In your situation (assuming you're still incoming), I'd focus on lateraling sooner than later. The less time spent at a lesser known bank, the stronger your chances. However, I've seen it done many times before, so I wouldn't fret if you are able to make the transition. Just note that you might have to be ready to accept 3 years in IB vs. the more traditional 2.
Odio consectetur odit et quae. Magnam rerum aut quis omnis dolorem animi incidunt.
Temporibus explicabo repellendus omnis id debitis. Nobis atque excepturi molestiae eos est est. Velit ex temporibus vero et porro. Dolorem ut nam cumque. Doloremque corporis ex sapiente non at doloribus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...