Why Lateral Twice at the Analyst Level? Can it be worth it?
If you're at a mid-market bank (think Piper// / /Leerink/MTS...etc) trying to recruit for MF PE firms, it's unlikely you will get a look given the avg. transaction size difference.
Moving to awill certainly improve your chances but what if you end up at a second-tier BB (so , MS, )?
Is it possible to wait for a year then make another jump to EBs or top groups in BBs (M&A and top industry groups at GS/MS/JPM)?
Let's be honest, chances will be much higher in each of these two moves than at a mid-market firm. I've heard it's also unlikely to make a move from MM PE to MF PE esp. that pretty much all MF now have their own analyst program.
What do you all think? I'm currently approaching the end of my first year in banking as an analyst.