Deloitte S&O looking to move into ibanking

Hey all - looking for some advice.

Coming out of undergrad in '09, I didn't have a solid idea of what I wanted to do and consulting seemed offer a variety of learning opportunities. After graduation I started as a BA with Deloitte S&O thinking I'd give it a try. Since starting, I find that the work isn't as stimulating as I thought it would be and I'm realizing my interests are much more aligned to finance careers, specifically M&A/PE.

I'm currently considering trying to get into ibanking with the possible eventual goal of transitioning into PE. What I'm wondering is if I should try to make this jump now, early in my career, or try to do it post MBA. Also, I've seen many threads concerning moving from finance --> consulting but haven't seen many opposite. Is there a reason for this? How is the best way to go about it?

Thanks!

 

recommend MBA, but it doesn't hurt to apply now.

you could try and move into the transaction services dept. like FAS and then lateral out from there but MBA gives u a fresh start with less of a hassle. doubt mobility is easy.

or you could become a partner in some years > lateral easily

curious, what type of work r u doing exactly, why is not stimulating???

========================================= We are excited to formally extend to you an offer to join Bank of Ameria
 

When I first saw this thread, I was sure PiperJaffrayChiang would comment. I think he actually works for Deloitte, which is fitting for a person as talentless as he is ("no, no, durrrrrrr, Deloitte is ranked #5 by Vault! durrrrrrrrr"). I wouldn't be surprised if he was also "Young and Hopeful".

 

usually you'd seek advice with the people who are where you want to go, not the other way round

"... then, lobbest thou thy Holy Hand Grenade of Antioch towards thy foe, who, being naughty in My sight, shall snuff it."
 

Minus dignissimos et provident velit provident autem hic voluptatem. Ea omnis dolor pariatur ipsam distinctio dolor quo. Omnis mollitia magnam in tempora nihil omnis.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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

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...”