Analyst
Candidate must have University GPA over 3.2 and must not have an MBA degree
Candidate must (or will) have graduated from a Top 15 University
Candidate must have demonstrated interest in finance
Candidate must have the ability to work long hours, be highly analytical, and become a master of Microsoft Excel
Candidate total years of experience must be less than 3 years
Associate
Candidate will normally have 2 years of experience as an Analyst at this bank or other similar bank
Candidate must have demonstrated advisory experience on M&A transactions
Candidate must have the ability to manage analysts and be respected by analysts
The restriction on number of years as an analyst can be relaxed if at least 2 associates recommend the candidate strongly
Principal
Candidate must have an MBA degree from a full-time two-year program
Candidate must have 4+ years of experience in investment banking, familiar with various M&A strategies, familiar with valuation methodologies
Candidate must have experience managing analysts, managing due diligence for an advisory project, and interacting with clients
Candidate must have 3 strong recommendations from either other associates or principals
Using all the information provided, select Yes if the statement about eligibility / promotion is possible. Otherwise, select No.
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John joined the bank as an Analyst when he was 22. One year later he asked for promotion to Associate. Is it possible that he will be promoted?
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Cameron has never worked with this particular bank. He is 28 years old with 4+ years of investment banking experience and an MBA from a two-year program outside of the top 15 business schools. Is it possible for Cameron to be eligible to apply for the position of Principal?
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George was promoted from Analyst to Associate 3 years ago. Assuming George has remained in his position as Associate, is he eligible to be promoted to Principal?
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