Moving from Private Equity to Investment Banking (HELP)

Hi Everyone,

I am currently on a very delicate situation.
I am a second year PE analyst working at Top PE house in the Middle East. I will be leaving my job in the coming weeks ( nearly confirmed), I have never worked in IB before and I have friends who can get me interviews in BB IB in the region as well as top Boutiques. PE opportunities are very limited in the region, i have been in touch with a couple of HH but barely any analyst openings on the market
My questions are
1) how common do you see analysts jumping from PE to IB? and how is that seen by recruiters?
2) what story of why jumping from PE to IB can i sell during my interview, except from I have no choice and IB is my only good bet right now or I will be unemployed for a couple of month until i find a suitable PE job

I dont mind doing IB as long as I keep my CV with no big holes

Any advice or examples of people who went trough the same problem would be greatly appreciated
Thanks in advance

Comments (8)

 
Most Helpful
Jan 17, 2020 - 11:08am
2020 Update: recounting my experiences in PE and sharing thoughts on recent deals at https://leverup.substack.com
Start Discussion

Total Avg Compensation

January 2021 Private Equity

  • Principal (6) $693
  • Director/MD (15) $627
  • Vice President (58) $366
  • 3rd+ Year Associate (60) $272
  • 2nd Year Associate (116) $246
  • 1st Year Associate (250) $224
  • 3rd+ Year Analyst (23) $162
  • 2nd Year Analyst (57) $138
  • 1st Year Analyst (163) $119
  • Intern/Summer Associate (18) $71
  • Intern/Summer Analyst (178) $59

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.7
6
frgna's picture
frgna
97.6
7
Edifice's picture
Edifice
97.5
8
NuckFuts's picture
NuckFuts
97.5
9
Addinator's picture
Addinator
97.5
10
bolo up's picture
bolo up
97.5