Q&A: Is the Monkey Business Over? 3rd Year Analyst Turning 1st Year Associate at a BB

Hey guys, I have a little bit of free time - hence I though it'd be a good idea for a quick Q&A.

Some background:

  • Immigrant from Latin America, moved to U.S. ~10 yrs ago
  • Went to a non-target in the Pacific Southwest w/ a finance major (okay business school)
  • Sophomore internship: non-paid gig @Merchant Bank in NYC
  • Junior internship: IB @BB in NYC (secured FT and came back)
  • Spent the last 3 years in a heavy execution / M&A group and very recently moved to a coverage team; I needed a change of pace / better life / wanted to focus on a specific industry I enjoyed

Happy to answer any questions you may have about my analyst years: the work, hours, comp, culture, the good & the bad & the very bad etc. 

Regards, 

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (11)

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • Intern in IB-M&A
Jul 17, 2021 - 5:46am

Why did you decide to stay in IB instead of moving to buy side? Curious as I too want to consider climbing the IB ladder long term

  • Analyst 1 in IB - Cov
Jul 18, 2021 - 3:04pm

Consequuntur qui doloribus quam deleniti saepe doloremque. Amet architecto voluptas impedit pariatur quis hic sequi ea. Distinctio ad commodi qui repudiandae neque molestiae aliquam. Est tempore dolor recusandae aliquam eveniet est.

Start Discussion

Popular Content See all

Investment Banking is Paradise
+276IBby Partner in PE - LBOs
Public banging
+182OFFby Intern in PE - LBOs
Oncycle is a fucking joke
+146PEby Analyst 2 in IB - Cov
MD’s Daughter/Son has student loans?
+114REby Analyst 1 in RE - Comm
How often do you get "matches" on apps?
+108OFFby Associate 1 in AM - Other
Dating smart girls
+92OFFby Analyst 2 in Consulting
Who manages your money?
+90INVby TechnoPanther

Total Avg Compensation

September 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (38) $367
  • Associates (218) $232
  • 2nd Year Analyst (131) $152
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (102) $144
  • 1st Year Analyst (483) $135
  • Intern/Summer Analyst (375) $82