Transitioning from AM to IB
Hi Everybody,
So I currently sit in the business development side in a pretty big AM firm. I enjoy what I have been learning especially the business/front office aspect of the firm. I have been putting together investment pitches, constructing allocation of funds, etc. My true ambition is to break into IB. I know that I would have be very adept at modeling (dcf, precedent transaction, etc). I currently have no experience in modeling but am willing to learn. How hard do you think the transition from AM to IB is? Is it impossible? What would the exit opp be in the position i am in?
footnote: I plan on working here for atleast 2-3 more years.
IloveWSO, shame nobody has responded. Maybe one of these topics will help:
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Fingers crossed that one of those helps you.
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So are you back office? It will be really hard. I would probably go to B school.
Isn't business development a sales arm of AM? I don't know the actual environment, but I'd say it has potential for pivot to something like debt syndication roles in IB? Just guessing though.
Yes I am in the sales team.
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