Another crazy week at work (pending deals and, you, know, everyone getting laid off and leaving me with all their work to finish) and another weekly reader Q&A while I find time to write more 3,000 word articles…
Elite Boutiques
“I had multiple full-time bulge bracket offers but instead opted to go to a recently founded “elite” [...]

Lateraling To Another Investment Bank? Look Before You Leap

Posted by Inquisitor on April 10th, 2008

“Inquisitor, I’m at Lehman’s TMT Group currently but I heard that Goldman TMT is way better and that everyone who works there aces their private equity interviews and gets offers at KKR and Blackstone. How can I transition over to a much better group/bank?”

Every week I get questions like the one above. And my reply is usually the same: don’t bother. In most cases, lateraling is simply a waste of time and effort. Around this time of year, though, young investment banking analysts everywhere think about making the move.

What Should I Do With My Bear Stearns Investment Banking Offer?

Posted by Inquisitor on March 17th, 2008

So, what should you do? Perhaps start speaking with boutiques and middle-market firms where you know people. Don’t even try for other bulge brackets unless you have a killer connection that can get you in at this late stage.