Hi, I recently talked to someone who used to work in IBD but left after two years and joined an ER team at another bank. is that common? I've always thought the exit opps for IBD are private equity/ venture capital, consulting and corp finance at large corporations. didnt know you can transfer your skills into ER. is he an exception or does this happen often? the bank he works for is a boutique and only has like 15 people in ER. He said no one there previously worked in IBD (except for him, ofc). but since it is such a small department, I doubt it can be generalised.

thanks for any replies, explanations