Making the Jump: IR to IB (Canada)

So I'm currently working in the Financial Services industry as an Investment Rep, client facing role, doing trades etc. I've wanted to be an Investment Banker for a while but I no doubt underestimated how prepared I had to be, and thought that entering the finance industry from any avenue would at least give me some experience I could spin to someday break into IB. But I'm realizing if I want to break in, I should 100% be looking to get in ASAP. I'm 24, graduated in 2016, been working in Financial Planning companies for about a year now. What steps would I need to take to make the switch to going after a career in IB now?

 
Best Response

Most who lateral from other fields typically come from research, corp banking, or transaction services (Big 4). The description of your current role is kind of ambiguous so it's hard to gauge whether any of your experience is transferrable. Probably not what you were looking to hear, but have you thought about an MBA?

 

Et numquam officiis laborum dolorum. Aut laboriosam temporibus neque atque.

Itaque suscipit placeat voluptas consequatur libero velit velit iusto. Voluptate provident aliquam ut rerum quam omnis. Atque qui quisquam molestiae id numquam. Dolorem quae aperiam quia.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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

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...”