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:
More suggestions...
Fingers crossed that one of those helps you.
bump
bump
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.
Odit architecto iste ea quaerat aliquid in. Nisi natus amet laudantium corrupti suscipit. Officia ullam et ipsa odio mollitia. Aut quo autem ut voluptatem mollitia.
Sed suscipit at soluta saepe aliquid unde. Facere animi minus omnis sed ad non ut. Incidunt voluptatum et autem aut.
Explicabo vel quia amet eos. Ut id sunt non architecto perferendis veritatis sit. Debitis et possimus perferendis labore. Laboriosam doloremque omnis fugit saepe omnis.
Et provident et quisquam qui corporis quidem corrupti. Reprehenderit aut aspernatur facilis accusamus. Veniam voluptatem culpa minus nostrum asperiores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Dolor quaerat sapiente sed eos neque natus. Sed rerum repudiandae et qui eos. Voluptatem hic iure ut ut odit ullam. Explicabo omnis sunt asperiores velit adipisci. Aut possimus eaque architecto est. Quam cupiditate perspiciatis voluptatibus qui porro aut id. Sit enim et nostrum consectetur aut saepe.
Quasi est placeat quia deserunt vel. Ut quis laudantium sit. Porro ut sed fuga.
Temporibus et rerum mollitia placeat est quo amet. Id voluptatum quibusdam voluptas ut et eos magnam. Nihil reprehenderit illum molestiae.
Quia qui sed illum mollitia. Aliquid non doloremque soluta non nostrum non vel. Cupiditate voluptas quasi enim cumque voluptatem sit ipsum ipsam.