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associate vs analyst watch

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    so what is the difference, are the terms interchangeable is an associate higher up than an analyst.
    as I applied for a summer intership with an IB as an analyst but recieved an offer as an associate???

    this is weird as i dont have an ecomomics background at all i am second yr undergrad unrelated course etc

    any way my job desc also says after saying that my role is at associate level that i may be required to do other duties

    is this standard and what other duties would i be required to do.

    your help is appreciated
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    Must be a mistake to be honest - Associates tend to have a minimum of 3 years work-exp.
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    Definite mistake there if you're undergrad - contact HR.

    Basically, the career progression at most banks goes along this line:

    Analyst -> Associate -> Director/Vice President -> Managing Director

    The summer position is usually called summer analyst...

    Masters/Postgrad/MBA students are the ones that often go straight into associate intern programmes.
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    (Original post by phonebooth)
    so what is the difference, are the terms interchangeable is an associate higher up than an analyst.
    as I applied for a summer intership with an IB as an analyst but recieved an offer as an associate???

    this is weird as i dont have an ecomomics background at all i am second yr undergrad unrelated course etc

    any way my job desc also says after saying that my role is at associate level that i may be required to do other duties

    is this standard and what other duties would i be required to do.

    your help is appreciated
    I know that at some banks (E.g. MS) fresh entry-level recruits are called Associates to avoid the confusion. Their MDs are known as (lead) anaylysts
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    It depends on the bank, remember titles are not set of rules that must be followed. Associates in say Big4 is commonly for entry level graduates while it is usually analyst in IB. It just depends on the bank, just check with HR.
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    (Original post by phonebooth)
    so what is the difference, are the terms interchangeable is an associate higher up than an analyst.
    as I applied for a summer intership with an IB as an analyst but recieved an offer as an associate???

    this is weird as i dont have an ecomomics background at all i am second yr undergrad unrelated course etc

    any way my job desc also says after saying that my role is at associate level that i may be required to do other duties

    is this standard and what other duties would i be required to do.

    your help is appreciated


    Analyst is the entry level in every division other than Equity Research where entry level is Associate and top level is Analyst. Are you an Equity Research applicant?
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    Are you in Equity Research? most likely...
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    (Original post by phonebooth)
    so what is the difference, are the terms interchangeable is an associate higher up than an analyst.
    as I applied for a summer intership with an IB as an analyst but recieved an offer as an associate???

    this is weird as i dont have an ecomomics background at all i am second yr undergrad unrelated course etc

    any way my job desc also says after saying that my role is at associate level that i may be required to do other duties

    is this standard and what other duties would i be required to do.

    your help is appreciated
    Which university did you go to?
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    no im operations BO
    and i go to LSE
 
 
 
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