New to WSO! I graduated from the University of Texas back in 2012. I have spent the last ~7 years in finance in some form or fashion, mostly in the Energy sector. I'm looking for the best advice I can find to shift into IB. I am more than happy to move into an analyst role and grind it out for 2 years, but I have had little to no traction. The feedback that I HAVE received has been that I am over-qualified! Thoughts?
Trending Content
| +167 | How to stop feeling like shit for not making it in IB? | 63 | 2h | |
| +121 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 9h | |
| +85 | Updated LA Banking Scene (2024) | 61 | 3h | |
| +40 | Ranking banks that went under | 24 | 5h | |
| +39 | Burnt Out M&A ASO | 22 | 1s | |
| +36 | Relevance of A-Levels for U.K. London recruiting | 25 | 3h | |
| +33 | A strategy for SA applicants late to the game like myself | 17 | 1h | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
| +27 | Intern Ettiquette | 4 | 1d | |
| +23 | What are hours like at BBs in London? | 47 | 1d |
Career Resources
tj.knowles2, bummer your thread hasn't had a response yet. Sometimes bots are smarter than humans anyways:
If those topics were completely useless, don't blame me, blame my programmers...
Network and hustle, so that some banker (probably in the energy sector) appreciates your industry expertise and brings you in. Otherwise an MBA. Or join a middle-market bank and try to level up.
Depending on your experience applying for an associate position might make more sense?
This is the direction that I have started to go. My intention is to target MM and Boutique banks at this point and see how that pans out. I am not the cooker cutter bulge bracket candidate because I am 30 and did not go directly into IB.
Was in a similar position as you a few years ago - worked at a power/utilities company in their project development group and wanted to transition into transaction advisory. My solution was to get an MBA and enter IB as an Associate instead. I recognize b school has significant opportunity costs, but also provides huge optionality.
Your mileage with lateraling in as an Associate can vary dramatically, but I know lots of banks strongly prefer their lateral Associate recruiting to be poaching experienced Associates from other banks. Lateral Analyst recruiting is a lot more forgiving of a non-IB background, and even that is limited as you've seen already.
Ab et eos voluptatem distinctio iste tempore numquam. Distinctio blanditiis quia totam dicta consequuntur nihil. Aut aperiam sunt iusto eum. Eum et qui fugit tempore eum. Et necessitatibus qui fugit ducimus vel aliquid.
Omnis maiores dolorem quasi provident autem vel ipsam. Fugit ut ut consectetur aperiam mollitia ut. Aperiam provident adipisci reiciendis rerum quasi recusandae non. Porro dolores est hic dolores. Ducimus quis aut non repellendus et id quidem laboriosam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...