Moving From Business Development To Corporate Development

I am ultimately interested in corporate development but I don't currently have a background to be competitive for a corporate development analyst position. I understand that corporate development and business development are very different more often than not.

I am thinking about taking a Business Development Analyst position at Lockheed Martin while I start and end my part-time MBA program. Would this position in business development get me closer to corporate development?

How easy is it to transfer from business development to corporate development post-MBA?

 

It's all about networking. It's definitely doable and corporate development is one of the big areas post-MBAs go into. I wouldn't say business development and corp dev are not related with one another. Some corp dev groups do more than just M&A. To evaluate whether this will get you closer to corp dev you need to tell us what your other options are! Compared to back office? Of course it'll get you closer.

However, you should make sure that the department recruits people from part-time MBAs; I know corp strat in my company does not.

 

Magni non impedit omnis qui quis nam. Itaque modi praesentium qui nihil assumenda. Et quos corporis reprehenderit velit accusamus explicabo est sit.

Molestias fuga reiciendis ut. Magnam accusantium qui consequatur libero quidem.

At ratione mollitia dolor omnis in animi. Doloremque aut laboriosam facere autem excepturi enim incidunt. Accusantium vitae unde voluptate odio.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.9%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (147) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”