Comments on: No 3rd Year Offer/No Associate Promotion – Big Problem? What Happens Career Wise, Reputation Wise and More? http://www.bankonbanking.com/2010/01/31/no-3rd-year-offerno-associate-promotion-%e2%80%93-big-problem-what-happens-career-wise-reputation-wise-etc/ Ins & Outs...Tips & Tricks...Strategy - Break into Investment Banking and Thrive Mon, 26 Jul 2010 17:13:04 +0000 hourly 1 http://wordpress.org/?v=3.0 By: IBanker http://www.bankonbanking.com/2010/01/31/no-3rd-year-offerno-associate-promotion-%e2%80%93-big-problem-what-happens-career-wise-reputation-wise-etc/comment-page-1/#comment-1287 IBanker Sun, 07 Feb 2010 16:59:39 +0000 http://www.bankonbanking.com/?p=753#comment-1287 The analyst to associate promotion generally occurs after your 3rd year as an analyst. The path is: 2-year analyst program to 3rd year offer as an analyst to associate promotion. While banks are starting to ramp up, as a 1st year analyst you will not be jumped ahead of 2nd and 3rd year analysts and be promoted. I wouldn't say that 3 months is like 2 years, but I'd definitely say you will work your tail off and can definitely work like 3+ years of experience in 2 years. By your 2nd year, bankers know who is strong and who isn't, and your rankings will generally tell whether you can expect a 3rd year offer and then potentially an associate promotion. I hope this answered your question. The analyst to associate promotion generally occurs after your 3rd year as an analyst. The path is: 2-year analyst program to 3rd year offer as an analyst to associate promotion. While banks are starting to ramp up, as a 1st year analyst you will not be jumped ahead of 2nd and 3rd year analysts and be promoted. I wouldn’t say that 3 months is like 2 years, but I’d definitely say you will work your tail off and can definitely work like 3+ years of experience in 2 years. By your 2nd year, bankers know who is strong and who isn’t, and your rankings will generally tell whether you can expect a 3rd year offer and then potentially an associate promotion. I hope this answered your question.

]]> By: brad cris http://www.bankonbanking.com/2010/01/31/no-3rd-year-offerno-associate-promotion-%e2%80%93-big-problem-what-happens-career-wise-reputation-wise-etc/comment-page-1/#comment-1279 brad cris Sun, 07 Feb 2010 05:13:34 +0000 http://www.bankonbanking.com/?p=753#comment-1279 if you are starting in a group now, when are promotions and can you expect (given that you are top performer) that you will be promoted in the next cycle or will one get an extra year in at their level of hiring (associate/analyst) - this is question I ask because banks are starting to ramp up again and we all know that 3 months in these jobs is like 2 years in others :) Thanks in advance! if you are starting in a group now, when are promotions and can you expect (given that you are top performer) that you will be promoted in the next cycle or will one get an extra year in at their level of hiring (associate/analyst) – this is question I ask because banks are starting to ramp up again and we all know that 3 months in these jobs is like 2 years in others :)

Thanks in advance!

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