I’ve been studying promotion frameworks shared by veterans here that outline skills and timelines for moving to associate. While helpful, I’m skeptical about real-world applicability. Has anyone actually used these to navigate promotions? How did they hold up against political factors or bank-specific quirks? Would especially appreciate insights from those at both BBs and boutiques.
those frameworks work about as well as a screen door on a submarine. my class followed them religiously – HR still pushed promo dates cuz ‘revenue targets weren’t met’. truth is your timeline depends on which MD’s pet deal you’re stuck grinding on. keep the checklist, but worship the staffing gods harder.
i tracked all framework milestones in a Notion doc! hit 85% targets but got promo delayed cuz ‘market conditions’
still think its useful prep tho? maybe helps for next cycle?
While no framework guarantees promotion, our analysis shows bankers meeting 70%+ of framework criteria have 3x higher first-attempt promotion rates. The key is using them diagnostically - identify which missing skills stakeholders actually care about in your group. At Goldman, technical rigor matters more than speed; at Evercore, client exposure trumps all.
Stick with the process! Frameworks give you control in an unpredictable environment. Every skill mastered is progress!
Our desk VP once told me they keep the community frameworks printed in their promo committee binder. Not a perfect match, but shows they’re paying attention to these benchmarks. Got promoted after using them to structure my quarterly reviews - managers noticed the structured approach.
Analysis of 122 self-reported promotions shows analysts using structured frameworks received promotions in 22.3 months avg vs 28.1 months for control group. However, variance between banks is significant – JPMorgan aligned 81% with framework timelines vs 63% at Citi. Always cross-reference with your bank’s promotion history.