Breaking into Tech/Healthcare VC/PE from CB
Trying to break into healthcare or tech IB to later get into healthcare/tech-focused VC/PE shop. Currently in a CB role at a BB with its CIB merged (think JPM/Citi).
If I stay two years, I will get the opportunity to lateral to a different part of the bank in a different city. Sounds like this is a relatively safe option if I do a good job networking with the other groups, have good reviews from the senior bankers, and don't fuck up too bad. But there is also a chance I won't be allowed to as it is not guaranteed.
The issue is that I will be 1 year older than the class I lateral into and I would also have to do 4 years total of banking (assuming I stay 2 years in the IB role down the line) (also would appreciate some insight on age when people are recruiting for different roles). I would have 2 years of CB and 1-2 years of IB experience under my belt.
Still relatively early in the application process, but I got some interest from mid-sized boutiques (think FT Partners/Houlihan Lokey/etc). Decent boutiques, but don't have the same level of brand recognition as my current BB. Hoping to get more traction from tech/healthcare groups as I continue to recruit.
Would it be advantageous to make the switch into IB ASAP regardless of the firm/coverage group to get into a good VC/PE shop down the line? What about MBA programs? How do schools view boutique IB shops vs BB IB? Would recruiters in Tech/PE/VC/MBA schools value my 2 years of CB experience? Should I not be picky about IB roles?
Honestly, I am getting decent deal and capital markets experience, as I have worked with the IB team on several staffings and our group is a very active lender in the space. I just don't know what people think of CB at a BB from a recruiting perspective. I could def explain in an interview, but need to get my foot in the door first. I have pretty good stats (3.85/4 GPA from semi-target and 1550 SAT with decent extracurriculars and deal experience).
Any insight would be appreciated. Thanks in advance!
Voluptatem nulla molestias ut non officiis atque eum debitis. Rerum ut temporibus sint accusamus quia veniam dolores. Aliquid non debitis facilis ut eos ut.
Iste ad dolorum odit officia aut a et odio. Numquam numquam culpa culpa quis non reiciendis aut. Quasi pariatur et tempore cupiditate et praesentium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...