Wanting to leave IB but not feeling ready technically
Hey everyone,
I’m currently in investment banking, was just promoted about a month ago but decided I no longer want to do the job.
The problem is I don’t feel “ready” to leave. I’ve only really worked deeply on 1 financial model so far and haven’t really been trained at all (I’m at a LMM boutique)
I’ve done decks, comps, random analyses, but in terms of true hands-on modeling experience, it’s basically been one full model. Because of staffing and deal flow, I haven’t gotten the repetition I thought I would by now.
I don’t want to stay, but I feel like I haven’t learned enough to justify leaving. Im worried I’ll interview for corp dev / FP&A / strategy and get exposed. I feel behind compared to peers who’ve built operating models. Another part thinks maybe I should grind it out longer to “earn” the exit.
Has anyone left IB feeling technically underdeveloped? Did you catch up on the job? How did you know when you were actually ready vs. just scared?
Would really appreciate honest perspectives — especially from people who left earlier than they planned.
Thanks!
Posted Feb 20, 2026, 4:24 PM UTC