6 Comments
 
Best Response

feasible, but you have to be on top of your shit. i work in FIG at a big-3 CRA. the guy i replaced left for FIG IB. you'll get ER interviews (I had a final round at Barclays recently but didn't get the offer), but you'll have to prove that you can model.

i'd give it a year - TMT and energy are interesting industries with high yield issues. pay's subpar but it's good exp. pass your CFA lvl 1 in the meantime (shouldn't be difficult), work on your modeling, and network as much as you can.

 

Thanks for the reply. If I am dead SET on doing banking would I be better off taking an IB modeling course (3 days a week for 3 hours a day) and teach myself models the rest of the week, or would it be more proactive to pass the CFA level 1?

I can spin the story as if I was doing modeling for around 20 hours a week which would help.

Research is interesting but I see myself as a better fit in banking.

 

if you're dead set on doing banking, don't take the CFA. the CFA is more relevant to ER/AM roles.

i'd keep my options open though. who knows what opps might come up. kill it in your current role, learn those industries, learn how to model, and keep networking (most important). i'd still take the CFA lvl 1 if your CRA pays for it. depending on your background, it shouldn't be too difficult. you mentioned that the buyside was your end goal, so it can't hurt.

 

Laboriosam saepe suscipit id impedit. In optio omnis quia alias dolores illum. Ab molestias quisquam aut ipsam laborum sapiente quia quae. Eaque soluta ab quod est. Qui rerum consequatur veritatis et ut.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”