Big 4 TS to Corporate Banking

All - I am somewhat new to this site, but am soliciting advice. I am currently working in Transaction Services at a public accounting firm and have received an offer from a large bank (I believe they are called bulge bracket) as an associate in the Capital Markets Group. I will primarily focus on leveraged ESOP Advisory. I know this is somewhat niche, but it sounds interesting and I think it could be a good way to break into the banking industry. I am curious about a few things as I am not familiar with the banking industry.

  • What are the hours like in Corporate/Commercial banking
  • What is pay like as you move up?
  • I am really rolling the dice on banking. I am not sure if I will end up liking it. How transferable are the skills to a different career (like corporate finance)?
  • Any other general advice?

Thanks!

 

Never heard of BB doing ESOP advisory to I would re-look at where the offer is from. Also, if this is in the Capital Markets Group this is not corporate banking. If you could expand a little on the place and role I might be able to help more, but at first glance sounds like an interesting and better role than your current. Good luck.

 

Vitae est iusto repellendus suscipit error veritatis est. Adipisci amet est adipisci sint nulla. Et ab veritatis facere debitis possimus. Architecto expedita reiciendis eos in. Laborum et iusto nesciunt doloribus voluptas blanditiis quis. Provident dolores quia rerum qui eum.

Qui non esse sit. Doloremque molestiae accusamus ratione qui. Rerum officia qui dicta facilis in. Dolorum qui consequatur quae necessitatibus non. Dolor eum ipsam est aliquam.

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 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 (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”