I am currently going on my 3rd-Year as an analyst for a debt side lender (Almost to year 2 at my current company), however, I keep getting plastered by recruiters who only want me for their analyst positions and we have had two other younger analysts move to a new companies for mainly the same role. I am not that interested in leaving my current company (pay and compensation is good) to go back to the bottom of the totem pole. But I will admit that the work gets a little dull (the repetitiveness of entering deals, etc) but overall I like the job and path. I do expect to probably be promoted soonish (~1.5 years) and am just curious what other's trajectories were.
I am just curious as to what everyone's experience was with being an analyst, specifically, how long have/were you an analyst before being promoted to something other than Analyst? Maybe more specifics to help others could be...
- what industry you work in? -Length spent as an analyst (including Sr. Analyst) -What you were promoted too -Location and Company size -Other details you think are important.
Basically, what I am trying to gather is how long someone can expect to be analyst before they are promoted to a non-analyst role. I realize that it all depends on the specific industry/sector.
When I started out at a brokerage shop, I was an analyst for +/- 2 years, then a senior analyst for 1. But I was basically doing associate level work but just didn't have the title. Then had the option to get promoted internally or go to the buyside. Ended up choosing buyside gig but would have been associate/senior associate/AVP title. This was at one of the larger shops (CB/JLL/ES/etc.). CRE is a little different since it really depends on the individual team makeup and how top/bottom heavy it is. I think a reasonable time-frame to expect though is 2-3 years.
I have the same story. I was a brokerage analyst for 2 years, then got promoted to associate. I was there for a total of three years. If I stayed for another year I would definitely be a VP because I was a top performer. I was at a fairly large well-known boutique shop (5 associates, 20 people or so total on my team specifically). After my third year though I took an associate offer at a REPE.
Something to remember is that real estate titles often don't mean anything. An "Analyst" can be someone with between 1-20 years of experience.
If you're trying to lateral or find a new role, you need to understand what that role actually is beyond what it's called.