DCM at BB to M&A at top MM?Subscribe
I am an incoming analyst a low-tier BB, but I will be working in DCM. After one year, I want to lateral to an M&A or coverage group (want PE) at another bank . I understand that lateraling to M&A/coverage at another BB will be difficult, so I am thinking to lateral to a top MM, such as HW, Baird, HL, Jefferies, Cowen, etc
Would that be a good idea? Would it be a fairly easy transition since I am moving down a tier, from a BB to a MM? Or would it still be very difficult regardless, since I am in DCM?
Any advice would be helpful, especially from anyone who has made a similar transition and lateraled to a smaller bank.