Should I give up on moving to IB front office?

I graduated from University (UK) with a Law degree about two years ago. Since then I have worked for one of the big 4 and currently, work for a BB asset manager. I have been trying to move over to the IB world because I am sick of being pigeonholed into legal type roles. First of all,I am not a lawyer;I have an LLB.

I find the slow pace of the AM uninteresting; though I am very grateful for the experience. I recently applied for a few programs at MS and JP. I was rejected for everything at MS and got a rejection email from the SA branch of JPM CIB. Does this mean I shouldn't bother?

 

I have been trying to break in for about a year now from a position less relevant to IB than yours. You should be able to network effectively with a BB and Big 4 on your resume. Try to start cold calling, emailing and reaching to anyone in your network that you think would be able to help. Keep grinding and something will eventually happen (hopefully).

 

You literally just stated two of the best IB's have you tried other places? If you are only going to try and apply for the likes of GS/MS/JPM then yea you probably should give up and focus elsewhere. If you really want to break in you will most likely have to go to less prestigious place work hard gain experience and then lateral over to the big BB if that is what you desire.

 

Try it not only at BB's but at any size firm, the size of the firm doesn't matter, as you know, it's the experience. Even local shops are a good f you can't get anything else. Don't rule out any options.

Array
 
JR.Orange:
Network harder, and stop feeling sorry for yourself (if you are feeling this way). It will work out for the better.

Word. Take this advice.

Array
 

Sit nihil aliquid veritatis nostrum sit debitis alias qui. Omnis ad ullam voluptas veniam. Voluptatem ut quibusdam aut et vel laudantium. Laudantium similique rerum laborum cum eos. Ipsa dolores enim et impedit quasi illum ipsum.

Non atque laboriosam repellat molestiae blanditiis nemo. Non est natus sint assumenda. Natus mollitia autem eum quas qui possimus. Fugit laudantium et ea molestiae minus velit neque vel.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”