I made it in... Now how do I get further up the chain?

So I finally made it into IB. a top 10 IB, working in a coverage group.

Weird question to ask but how do I progress as fast as possible. I'm ambitious hardworking and keen to put in a lot of f*cking work to get where I need to be i.e. senior positions

Any advice? Or other threads similar to this?

 
Most Helpful

Take it step by step. Show that you can be a beast analyst first, then take on more senior level responsibility later. Follow the advice below:

* Highlight all markups so you don't miss a change

* Always have a positive attitude

* Print and check every document before you hand it to someone else

* Be the first to the office

* Always try to respond to emails within 15 minutes

* Do not take weekend vacations away from the city unless you ask in advance and notify your superiors

* Be a team player if you don't have much on your plate and help others

* Communicate about deadlines

* Do not lie or bullshit - if you made an error, admit to it.

More detail on the above in this article: 10 Steps to Being a Top Bucket Ranked Banking Analyst

 

OP if you truly understood this man's point you will go far in your role...

 

The serious answer to this question is that there is no way to progress more quickly as a front-office investment banking employee in 2019. Those days are gone. If you want to be some gilded 26-year-old MD, you're going to have to go into trading.

Your best bet is distinguishing yourself as an Analyst so you can take advantage of the 2-year A2A that a lot of banks are offering to top performers. Beyond that, you are just going to have to put in the standard 3 years per level.

Sexy, isn't it.

 
brotherbear:
The days of 26-year-old MDs in markets are long gone as well.

TRUTH

I used to do Asia-Pacific PE (kind of like FoF). Now I do something else but happy to try and answer questions on that stuff.
 

There are so many different factors that can contribute to an accelerated career path but you should only focus on the ones you can control.

Obviously none of us can tell how smart you are compared to your peers, how quickly you learn and take directions, or how charismatic you are. All of these could help you move up the ladder faster but at this stage of your life most of those factors are what they are. At your age fluid IQ is locked, and personality is for the most part fixed. I would try to gain social capital at your bank. Understand that going to happy hours and getting to know your bosses is important, and stopping by and getting to know people in other departments is important. Upper management may not be able to put their finger on it but they will know that you are a culture person and that will help you come across as a leader.

Now, if you are already doing that, the real answer to your question is that you have to work while others play. This is very difficult since you work at a major investment bank but that is the hard answer. When you have free time put in work that nobody else is doing and after a period of years that knowledge will pay off. What exactly you should put your time into is dependent on your industry but take a look at the seniors at your bank, my guess is somewhere along the way they did something their peers weren't doing.

 

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