Investment Banking Summer Analyst to Private Equity Full-Time Analyst

Hello all,

I hope you find this inquiry well. I had some questions regarding the lateral process from IB to PE.

I am a junior at a top 5 undergraduate business school with a 3.5 GPA. My internship experience isn't great, and neither are my EC's, but I am working at a boutique MM investment bank in NYC this summer that is top in its sector. I was wondering what the process is like for going from a summer internship in IB to going for a full-time job in PE.

I am asking mainly because I am wondering if this is even possible for me, given that I'm not working at a "big-name" firm, and most PE firms want 2+ years of IB before you lateral. Thanks for your time.

4 Comments
 

Also interested ^ same applies to me although I'll be interning at one of (GS/MS/JPM). I assume we would have to reach out to alumni or employees at PE funds to see if they can put forward our application/refer us to headhunters. If not I guess we would have to directly get in touch with some headhunters.

 

Aut fugit dolor iure maxime sit animi. Magnam nostrum fugit maiores ut rerum odit. Cupiditate id sit vitae debitis. Repudiandae neque odio rerum qui ut debitis quia.

Minima labore perferendis nulla cupiditate praesentium nisi. Quia nobis molestias praesentium ut perspiciatis aliquam ullam quidem. Laboriosam expedita praesentium neque et vitae.

Eum et rem omnis expedita pariatur sunt vel nostrum. Dolorem nulla et aut dignissimos quae. Incidunt non eveniet quisquam delectus magnam est. Natus ut ipsum aut et sit commodi nihil. Minus cum est ut voluptas accusantium.

Veniam dolor sit molestias ut est. Provident praesentium animi distinctio libero. Tempore sit quidem consequuntur dolorem earum voluptatum. Et et et occaecati id pariatur.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (15) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”