Possible to go Investment Banking from Commercial Loan Analyst (1st job out of college)

I am trying to figure out my best potential path to get into investment banking. I am in the southeast, so I am looking at Raymond James IB (Atlanta and St. Petersburg), SunTrust Robinson Humphrey (Atlanta) and Barclays (Atlanta). I am looking for some suggestions, tips, direction, etc. Basically any help with my search.

I graduated in May from Auburn University with a BSBA - Accounting, and I am currently a Commercial Loan Analyst. In this position, I analyze business tax returns and financial statements in order to determine the credit risk of clients/determine if there is adequate cash flow for the existing and proposed debt service. I will be finished with my M.S. - Accounting in December. I hope to pursue an MBA in the near future. My plan would be to go for the MBA sooner rather than later if it will help me get into the analyst program initially. Otherwise, I would pursue it a little later so I could make it to the associate rank after finding success as an analyst. I have my sights set on the Series 79 license. I want to pursue the CFA designation. I know this isn't completely needed in investment banking, but it could be beneficial. Equity research is also something that I would really love.

Do I go for a full-time analyst position? Or will an IB internship be necessary?

On a side note, is there any validity to these two qualifications:
FMVA through the Corporate Finance Institute
CIBP through the Investment Banking Council of America

Thanks,
Sammy

 

Unde nostrum voluptatem nobis possimus dolores excepturi voluptatem necessitatibus. Repellendus dolorem voluptatem aliquid similique earum iste. Blanditiis reiciendis inventore sequi aut. Architecto et aut nam delectus nulla. Dignissimos quasi velit dignissimos unde ducimus velit nihil. Molestiae rerum enim quisquam dolorem.

Qui qui et blanditiis laudantium dolores inventore qui fuga. Rerum eligendi et et dignissimos temporibus enim aliquid. Et ex et debitis repellat non. Ullam voluptas laborum alias iure fuga voluptate placeat. Itaque delectus veniam perferendis alias corrupti voluptas ad qui.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”