Correct me if I'm wrong, but my understanding is most of PE hiring is done via recruiting at the start of an IB analyst's career and it's from the recruiters reaching out themselves to analysts at BBs/EBs (for larger PE places).

Does this mean if an analyst starts their career at in boutique or smaller MM IB, even if they manage to lateral to a BB/EB, they have essentially no chance at say ending up at an MF because it's too late?

like
Posting as :
works at
You are currently posting as works at

You’ll still have time to recruit after lateraling. You can either shoot for off cycle and try to start with people who have the same yoe as you or you can recruit on cycle but do it at a later cycle after you’ve moved banks where most people recruiting would be first years but you would not be. The latter is becoming increasingly more popular, HH’s recommend consultants do this and are seeing more bankers do this as well.

helpful

You should do both, nothing to lose

I just would like to grasp if it's realistic to attempt to rush the lateral, or if I should focus my efforts on a different end goal

Related Posts

Is anyone at meta able to share the position levels. I’m trying to compare to my current company structure. Thanks!

like
like

any experienced hires (>1 YOE in LS consulting) looking for a referral to CV? happy to chat

likehelpful

Have worked previously as business consultant, pm in banking domain (10 years) and now as Product manager for a Bank(1 yr) - what are the chances FAANG would be interested in my profile for product manager/ project manager profile?

like

Service design seems a popular role in consulting in the past year or so, certainly seeing more grads go down this route. Is there much overlap with business analysis? When I’ve worked with service designers the output seems to be another version of a process map, are there other skills and experience needed? I’m wondering how easy a move would be from business analysis to service design...

like

Are the recent economic troubles translating to slower hiring or lower salaries in life sciences industry? I want to transition to industry this year but am worried it may not be the best time to.

like

Please reach out if you need a referral at IBM

like

One of the reasons I want to transition from industry to consulting (tier 1) is that I get frustrated when I have to collaborate with mediocre people. My assumption is that Tier 1 consulting firms hire really sharp people and if I can get in, I’ll be collaborating with folks on top of their game (not expecting much from clients). I’m aware there are personal aspects I need to work on like my mindset, patience etc etc, but I just get so frustrated with blatant stupidity.

likefunny

Hi Fishies,

Which to join among these ?

Synechron or
Coforge.

Both are offering same CTC.

Any idea about job security in these organisation.

Synechron Inc. Coforge Coforge ltd

@

like

Hey There,
Currently working as Electrical engineer in medical device company. Been applying to few battery and electrical engineering jobs at amazon in seattle and california locations. If anyone could provide referral for the job, that would be very helpful.

like

When it comes to therapy do I look up a place online and make an appointment or do I need some sort of referral? Not sure if I need to see a therapist or physiatrist really.

like
like

I currently working as project coordinator (on-site) for 3 months 10hrs everyday with package $75k, I want to move to remote or hybrid work but I only have 8 months of experience from my previous employer and I have completed my master's in construction management in 2021. Should I stay in my role a bit longer to gain experience or I am not able to find remote or hybrid matching my profile. Your advice and comments are much appreciated.

like

Need a referal for automation testing openings in Bank of America

like

Your favorite resources for learning just enough UX?

My baseline is a data scientist background: stats, data visualization, storytelling with decks

like

Got ibm offer but it's a different location from my city and they said its banking project so have to report to office soon. Any options to get role / project in my city itself without losing this offer ?

like

Would you strongly advise against going in-house right after a state court clerkship? (No law firm experience in law school either). I don’t know if I want to become an in-house forever. Would it be difficult to get a law firm job at a later time?

like

Thinking of jumping from print production to any other departments, art buying, digital or broadcast. If I looked at other agencies would my skills transfer and also which role has a higher salary?

like

More Posts

Just did biometrics today in NJ. How long should I expect to wait for EAD after this step?

like

Which would you pick: MBB strategy consultant or FAANG Product Manager ?
Looking to explore... have 1 interview lined up with MBB, but seems like FAANG PM pays more?
I am currently at 3.5 YOE and hoping for Manager promo this PA cycle, but for sure know I will not be making the same $$$ at Accenture

like

Looking for some advice on how to branch off into a job in tech. I’m a Mechanical engineer interested in working in a big tech company. I have some programming experience but excel mostly in mechanical and product design as well as 3D CAD. Was wondering if any other mechanical engineers have managed to make the shift from a traditional mech job to a tech job and if you could give me advice on the best path that worked for you. Thanks!

like

Reviews for Varian Medical Systems (Part of Siemens Healthineers Company) for Pune location.

like

How does the referral system work? Should I apply from the website and then ask for a referral or is there a chance to ask for an employee to refer internally? Would the latter option be considered ahead of the first option?

like

Hi , I recently started preparing for " data analyst" course. I have masters degree in computer science and 2 years experience as business analyst. Currently I'm on a career break of almost 7 years and trying to get back into IT as a data analyst now.
I started doing a course on coursera " Google data analytics certificate " . I'm not sure how to get back into job market. Please suggest any courses or road map to entry level data analyst jobs?

like

Hi All, I am currently a Data Analyst with 1 year of experience and pursuing a masters in Computer Science (expected to graduate 5/2023). I am looking to transition into an entry Data Scientist role (preferably remote or Philadelphia, PA). Can someone refer me or let me know who is hiring?

I can provide my resume if needed.

Does GDC have a reputation as a good place to work in BL?

like

Is this group active ? Drop a comment.. lot of stuff happening in KPIT.

Best time sheet system you’ve ever tried in a job?

like

Any info about OMD Clorox, McDonalds or Wells Fargo accounts ?

like

I do HR comms and my manager says there’s really not a lot of growth opportunity in this function. In other words she doesn’t see the need for a Director of HR Comms or anything like that… I love the company and the work that I do but am feeling stuck. Any advice?

like

Can anyone suggest to me any good sites to find remote jobs in the US which pays around $60k to $120k annually.

YOE - 3.2
Tech stack- git jenkins docker Kubernetes AWS ansible.

like

How to choose which financial advisor to work with.
I have no financial experience and an advisor reached out from equitable.

What's a good percentage (they're offering 2% as a fee)

like

If you didn't have to pay off any more of your student loans what would you use the money for instead? I'm stuck between something impractical like a trip somewhere or something I need like a new car lol

like
funny

Hi,

Can anyone help with tcs Gap affidavit. What is process

like

By when do we get relieving letter, my LWD was today ( 21 OCT).

like

I have been interviewed in TCS and got selected. Uploaded all the documents in tcs portal. My current ctc is 11 lpa. How much offer can I expect from tcs ?

like

Additional Posts in Private Equity and the Buy Side

Do bankers usually send over LBO models to the data room if they’re brokering PE deals? Or is it rarely the case where they’re modeling out LBO’s?

like

Have an interview with Elliot management, anyone down to talk about what you know about the firm/ experiences?

likesmart

Anybody use Axial marketplace? Thoughts on quality from buy side? Any other alternative marketplaces you look to?

like

What are the best software / tech conferences? Less focus on the startup stuff, more mature buyout / growth preferred.

like

Anyone in IB/PE in Toronto? Would like to connect to learn more about the industry

like

Rate my TC offer:
PE Ops role, West Coast high COLA city
Fund w/ ~$5B AUM
Base: $220K
Bonus: 75%
Carry: 50 bps (linearly vested)

like

Looking for advice on tips and tricks for landing PE MBA internship, coming from consulting. What were the game changers for you?

like

Anyone move over to a portco role at a more senior level? Positive or negative experience?

like

Looking for a referral to Bain Capital and other firms.
Interested in a sustainability/ESG role.
Have extensive industry experience including with an ESG ratings provider and working with portfolio companies on assessing ESG risks and building reporting pathways with respect to multiple disclosure frameworks.

like

Hey guys, I am about to complete a year in IB, and will start the recruitment process soon for buyside roles. I think I am more interested in VC/Growth vs late stage PE, but wanted to know more about the difference in comp between the two. I am looking at roles in London, so would be great to know whose comp is higher and who are the top payers for VCs/early growth.

like

Is it easier to lateral to another HF/PE firm than to get an initial offer?

Finally received an offer that is not my dream firm, after a year of recruiting, and trying to decide if I should hold out for the perfect offer, or take it and try to move if it winds up not being what I want?

Thanks friends

like

Hi all, can anyone comment on the culture at Platinum Equity, in particular in the UK?
Also, what are the different levels (hierarchy) and rough comp? @platinum equity

like

Hi! About to join a PE consulting firm but don't have an extensive experience in doing CDD. Any good books /online courses with some practical examples that you'd recommend to get upto speed?

TIA!

like

Has any fish in here heard of SSA & Company?A recruiter advertised it as PE consultancy that is up there with with MBB but I’m not really sure how much of it is true. They also claim folks from there usually exit to various roles in PE ranging from ops to corp development. Just trying to verify all of this info

like

Anyone knows what’s the best way to look up VC investment roadmap for maybe health tech or software focused VC firms?

like

What do you think about the outlook for AM / HF jobs in the future? Will they continue to be there, or will they be slowly canceled by passive investing? Thinking about going into IM post MBA, but this thought is holding me down

like

Hey 🐟s. If anyone wants any advice on getting into growth equity give me a shout. Had lots of people help me break in so want to pay it back.

like

Hi, I need a referral for an internship
in Financial Advisory Team
Valuation, M&A, FDD, or Financial
Consulting - at
Big 4 in Germany,
can anyone help me?
I did my bachelor's degree at the
University of Mannheim.
I would appreciate any kind of
support and advice.
I'm not above reaching out to alumni
directly via Linkedln, but l'd prefer to
bug as few as possible. So if you
want to help, guide, or mentor,
please pm me.
PwC Deloitte KPMG EY

like

I have been applying for internships the last few months. Got few first round interviews but never concluded further in the application stage. Lots of rejections because I am not from a target university.

Still looking for a summer internship within a Quant Fund, Hedge Fund or Trading firm (HFT,Quant or Systematic). Anyone with tips?

Bit of background. I am a Physics and Math undergrad with previous experience in Capital Markets and Research.

Thanks in advance!

like

If you can work for any buyside firm (PE, HF, VC), which would it be and why?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal