Comments (4)

  • Associate 3 in IB-M&A
Nov 11, 2021 - 1:21pm

If you want to go into IB, do IB. Even if your offer was from a no name boutique that advice stands. It is quite hard to get into IB if you're not doing that type of work.

Also - even if you don't land the SA -> FT switch to a bigger firm, which can be hard, switching at 1 year FT is extremely easy. 

Most Helpful
  • Associate 3 in IB-M&A
Nov 12, 2021 - 9:13pm

Yep - SA to FT is a lot harder than lateraling at 1 year FT. You've got lots of SAs with offers looking to upgrade, and you'll be competing against people from legit MM/BBs. Around 1 year there is attrition, people don't want to start over in a new group, etc and groups are just looking for people with experience. If you have 1 year experience IB literally anywhere (even at a 10 man regional shop) you will get solid MM leads, and probably some BB/EB interviews, just from applying online. 1 year in IB is THAT valuable.

So yes, I'd take it over any of your other offers if you want IB. If you're not sure and AM sounds cool, that is still a very solid gig, but you're unlikely to be able to lateral into IB at all.

Nov 12, 2021 - 8:48pm

Beatae repellat labore ipsa excepturi cupiditate qui sit. Aut eveniet est sapiente natus provident eius et. Nihil aut facere odit minima dicta culpa magni. Et quis temporibus ipsam.

Consequatur quis blanditiis laboriosam distinctio distinctio. Necessitatibus soluta labore mollitia.

Eos repellendus qui tenetur officia. Exercitationem ea est velit. Omnis qui a voluptatem iusto omnis enim et. Nemo voluptatem doloribus dolorem quis consequatur id fugiat.

Start Discussion

Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
  • Vice President (21) $384
  • Associates (144) $238
  • 2nd Year Analyst (84) $153
  • 3rd+ Year Analyst (15) $150
  • 1st Year Analyst (295) $142
  • Intern/Summer Associate (63) $143
  • Intern/Summer Analyst (225) $90