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Thoughts on analyst to associate promote in IB?
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Thoughts on analyst to associate promote in IB?
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This is a good salary for someone fresh out of undergrad with no experience, and very unlikely to negotiate higher as there will be 100 GTPs in the program. This is not the same as an entry level IB analyst where starting salary is 100k+. After the program he’d likely be at around 80-85k. The program could have him rotate thru both back-, middle-, and front-office roles. It’s actually a really good program to learn about the bank and areas that might be of interest to you. After the program, he would get placed/hired into a team where there was mutual interest.
Ahh...that's pretty low. I've heard of folks having success negotiating for entry-level roles due to inflation so maybe he can try that?
What is that program? Is that back office rotation?