Lateraling in IB

Currently an analyst at a regional boutique, (been here for a year) and I would like to lateral to a larger bank. Due to the firm’s lack of formal training, I haven’t gotten to do a great amount of modeling yet. What do you guys suggest I do to improve my modeling skills - is there one guide (BIWS/WSO/TTS/etc.) that is known for better modeling prep?

Also - would appreciate any advice on lateral interviews in general, and any comments on the feasibility of lateraling to a larger MM firm from a regional boutique.

TIA!

 

As long as you get good deal experience, prepare well (technically and behaviorally), and network your ass off, you can land anywhere you want. IB analysts with experience, regardless of bank size are in demand, especially in this labor market. Leave no stone unturned and dont get discouraged by rejection. 

 

Qui voluptas pariatur est laborum quae dolores id. Eaque eaque neque blanditiis occaecati quia rerum consequatur. Amet voluptatum dolor fugit. Architecto cupiditate et est quia labore ullam odit. Aspernatur ea necessitatibus quo debitis rerum ut. Eum et quo dolorum eveniet.

Dolorem autem cum nostrum dolorem dignissimos minima quaerat. Neque amet rerum tempora animi sequi et eos.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
Linda Abraham's picture
Linda Abraham
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...”