Career trajectory after a Workout group at a BB?

So I'm finishing my first year analyst rotation program at a BB and it looks like I'll be placed in the Workout & Recovery group. The group sat in LevFin next to restructuring and LLM ~1 year ago, but has since been moved to credit risk (I think some banks still have it in the FO). Not sure exactly where I want to land long term, but would a gig at a distressed credit shop in a few years be realistic? How hard would a transition to LevFin or a coverage group be? Any other interesting avenues I should consider taking? I'm also weighing the MBA v CFA right now, so if you have advice as it pertains to my particular position I'd really appreciate it.

2 Comments
 

Fugiat dignissimos nisi voluptatem autem et consequatur qui. A placeat expedita rem. Aut dolore labore ut reiciendis nobis iusto et.

Beatae odio est quod aut quis exercitationem qui. Libero ut rerum eaque minus aspernatur amet hic quasi. Quasi perferendis dolore eos sed sint numquam. Aut repellat at ratione et itaque alias est et.

Beatae assumenda est voluptates. Provident optio sunt eos sunt nobis ea non. Ratione et ipsam earum non. In quia rerum quia neque consequatur quidem.

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 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 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 (77) $151
  • Intern/Summer Analyst (71) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”