Breaking into Institutional Sales at a BB firm

This was an answer from a similar thread, but fair warning not sure how accurate it is

ironlawofoligarchy:

Most, if not all, FT Institutional Sales offers at BBs are extended to their BB summer interns. With that, the best way to land a BB Institutional sales roles is still to rotate within the dept during your summer analyst stint at that very bank. I would be shocked if someone who wasn't part of the summer intern class of a given bank/or possibly another BB would be extended a FT over. That being said, it does happen. If you are junior enough in the businnes transitioning into Institutional Sales is very possible although unlikely as you are competing with past summers intern class (HR puts successful placement of these interns as a high priority).

If you are still in school, gain the experience via internships (wealth managmenet helps for client relationship skills) and make it a goal to land a summer analayst role. After that you have to wow the sales desks you rotate on and you may have a shot at recieving a FT offer.

If you are junior and working on the buy side or in a comparable role this is much harder and the move used to be much more prevalent than it is now. The reality is that there is a lot of supply in terms of candidates (many internal) and limited and shrinking demand for junior positions (analaysts/associates) as the business itself is in a consoldiont/shrinking phase.

The business itself is in complete restructuring mode so an easy way in doesn't exist, although it never really has.