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Notes On Investment Banking Associate

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Investment Banking Associate: If I enjoy my experience at the bank, I would be very open to the idea of staying with the bank as an associate. Most banks typically promote their analysts after 2 years. Because of the lack of employee retention, the industry is moving towards faster promotions. If I am a strong analyst, I am certain I could attain associate in two years. Moving up in the ranks at an investment bank, the job becomes less focused on creating models and performing due diligence, and leads more towards creating business for the bank and actually presenting the pitch books to clients. As an associate, I would be responsible for compiling the pitch books and overseeing the work of the analysts. The associate position would combine both my interest in banking and my desire to lead a team. While the hours are not as long as analyst hours, associates still work extensive hours. Associates often live chaotic lives. I am the intermediary between the VPs and MDs and the analysts. Managing the chaos will be a determining performance factor. In order to succeed at this role, I would need to remain dedicated to the position and stay in the top bucket of associates.
If I followed this path, I would most likely continue to stay with the bank and strive to become a Vice-President. The further up in the bank I go, the less exit opportunities exist. As long as I produce results and prove I am a qualified candidate, I believe I could attain the VP position. As an associate, I

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