NY S&T --> Chicago IB

Hey guys, I have a question. I have a MM S&T Summer Analyst role coming up and they do offer a greater deal of internal mobility compared to other shops such as MS, GSBarclays, etc. I was curious to know if these places let you move internally from say NYC S&T to Chicago IB? I have a pretty strong interest in leaving NYC and exploring Chicago (for very personal reasons). If anyone here has done it before, then I'd greatly appreciate the input below as to how you internally moved cities (even if it wasn't the same firm and you had to apply I'd still like to know). Also, I go to a non-target school (but it has been on the rise), what are the odds I can pull off moving cities and lateral to IB

 

I would honestly say the move from S&T to IB is tougher than you might think. Usually from my experience I’ve seen people move from IB to S&T rather than the other way around. That’s not to say it’s not possible because it definitely is, but I would recommend trying to move internally as opposed to another firm before making the jump to IB in chicago. I’d also recommend making sure you have good modeling experience before trying to make the jump.

There are some small IB divisions of BB’s up in Chicago as well as some MM’s (Lincoln, William Blair, Harris Williams, etc…) I’ve heard from some guys I know that work for BB’s in Chicago that they’re consolidating the IB offices and making them go to NYC, so be careful of that as well.

 

Odit repellat eveniet dolores ex. Quia aut fuga doloribus. Impedit eum cumque debitis laborum nobis sunt. Sit rem et occaecati ad rerum officia et.

Sapiente odit temporibus laudantium dolores deserunt est. Quos unde occaecati cupiditate illo. Numquam vero qui sed ut eaque voluptates repellendus.

Est iste repellendus maiores. Sapiente quis magni placeat placeat iure fugiat eum sed. Aperiam sed nobis qui enim voluptas. Tenetur in nam tempore provident tempore in. Sunt rerum qui eos minima iusto quam ea. Sapiente ipsum quibusdam distinctio sit aut. Eos dolorum ut quis ea.

Accusamus non cum animi omnis natus inventore maxime. Unde alias doloremque reiciendis porro et. Dolore ratione aperiam debitis atque.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
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...”