Investment Banking Audit exit opps?

Considering a position within the internal audit department, investment banking sector, at BB bank.. what are the exit ops?

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Comments (12)

Sep 29, 2017

I went from a SA BB Internal Audit role to PMG at a top institutional Asset Manager when I graduated. YMMV.

let's see Paul Allen's card

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Sep 29, 2017

thanks for the insight. i just finished my undergrad last year and don't want to get pigeonholed in audit, but I'm thinking having a BB on my resume will open up opportunities to move into the business (wheter that be the same firm or a different one) after a couple of years.. which would be IB and investment management if i pursue this role.

Sep 29, 2017

Buyside audit.

Sep 29, 2017

thats the thing.. i eventually want to get out of audit. i just graduated last May and don't want to get pigeonholed.

Sep 29, 2017

Get to know as many junior bankers as possible. Not on some coffee chat type ish, more so like lets go on a road trip. The cool junior bankers will then introduce you to their superiors-who have the influence. Get to know the superiors in depth and have your future changed.

Sep 29, 2017

thats what i was thinking as well. im studying for the CFA to try to beef up my resume so i can make the jump out of audit. i honestly took the job because it was my best offer out of college, and now im realizing that I really want to get into banking. another thing.. this is a temp job.. which can be extended up to one year, and allegedly 90% get FT offers. i think it's a bit risky.

Sep 29, 2017

Hate to break it to you, but if you start in audit, it's going to be pretty hard to get out. Unless you get really lucky. You need to get out asap. The longer you stay there, the more likely you get pigeonholed.

Sep 29, 2017

ive only been in audit for a year and 2 months now. I'm studying for the CFA and attempting to network. my end goal is, IB the PE/HF, and i know i need to get out of audit as soon as possible.

Sep 29, 2017

I would focus on finding another job, forget the exit ops.

Sep 29, 2017

agreed, i am exploring entry level jobs within finance across a range of sectors, from WM/AM, TS and VS, i know there are a few career paths to IB -> PE/HF, and i need to start getting relevant experience now. It's just been very tough to land an interview anywhere.

Sep 29, 2017

Try a capital markets role (e.g. DCM, Securitization). It would be easier to lateral into a IB role after experience in these groups. Also, the interviews for these roles are simple.

Sep 29, 2017

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