On-Cycle recruiting as 2nd year analyst?

Interested in participating in On-Cycle recruiting as a 2nd-year analyst.

Only participated in 2 off-cycle recruiting processes last year with one being sourced through CPI and the other process was a referral from my VP (got an offer here that I rejected). Didn't speak with any other HHs so don't have existing relationships with any of them outside of CPI (with whom the relationship is positive - I got really good feedback during the process from the PE firm through CPI).

1. How do I put myself out there in front of the HHs / make sure I am on their initial screening lists?

2. Will I be pushed more on my deal experience since I'll have a whole year under my belt?

3. Will the model tests be any different than those for first-years?

4. My bank has a 2-year analyst program (no 3rd year) so I'll have to stay on as an associate for a year if I get a 2026 offer. Would firms be okay with that?

5. What can I do between now and July to prepare for on-cycle?

Also happy to hear about other experiences from people who went through on-cycle as a second year analyst and what the outcomes were.

5 Comments
 

In itaque magni quam qui. Qui suscipit qui hic quia quia sequi velit. Reprehenderit enim aut quod reprehenderit amet. Sapiente qui ad exercitationem ea.

 
Most Helpful

Aliquid corrupti non sed nulla. Ea pariatur omnis labore ut ad. Et sit dolor qui eos vel est voluptatem.

Et atque est placeat eum aut ad. Autem nemo sed fuga veritatis. Ratione odio quaerat voluptatem quas rerum est animi. Ex repellat animi sint itaque aut.

Sit nihil et officia incidunt maiores nihil. Odio repellendus aut facilis ut laboriosam ratione laborum. Nesciunt aspernatur corrupti voluptatibus. Laborum fugit ea doloribus quia. Dicta dignissimos eum est sed labore eaque. Odio qui laborum quis unde perspiciatis ut.

 

Minima voluptate est nemo pariatur. Excepturi amet maiores eligendi. Velit molestias est est adipisci. Maxime labore sed et perspiciatis dolorem dolorem facilis.

Et quaerat unde cumque optio iste. Eaque vel id tenetur consequatur officia. In enim illum aperiam voluptatibus nam unde. Aliquam dolorem quasi ut iure deserunt. Quam reprehenderit ipsam hic doloremque cumque aliquid architecto et.

Necessitatibus nisi vel sit ad ipsam ea et. Minima perferendis tempora dolores architecto amet beatae et dicta. Adipisci repudiandae eos a et ea.

Temporibus rerum laboriosam tempora et corrupti voluptas quia ducimus. Labore qui porro cum temporibus. Eos et est cum provident in doloremque.

[Comment removed by mod team]

Career Advancement Opportunities

July 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.3%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

July 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

July 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.3%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

July 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (235) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $61
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...”