Can you switch from F500 corporate finance to corporate banking (not commercial) ?
Can you switch from corporate finance at F500 company to corporate banking/leveraged finance/ DCM ?
I was thinking of doing corporate finance for 2 years after undergrad, then do an MBA and jump to corporate banking. What do you think about my plan ? The reason I want to do corporate finance is because I can learn the business truly from all sides especially if it is a rotational program. Also I can build connections at banks and heard top MBA programs really like corp. finance jobs.
Since I want to do corporate banking in the long run, will it be better to do corporate banking internship > corporate banking FT or even commercial banking > MBA > corporate banking ?
If you want to do corporate banking for the long run, the best place to start is in corporate banking. People tend to stick around a lot longer in corporate banking than their counter parties do in investment banking, it's not as much as a 2 and out or 3 and out system.
I'll defer to Texas for that part of the answer, since I don't know much about corporate banking, but your plan is feasible. Although I'd stay in corp. fin. a little longer before your MBA just so you have more relevant experience and can probably get into a better school with 4 years vs. 2 years.
You won't learn corp banking in a corp finance role right out of college.
The route for corp banking in the long run is corp banking or lev fin.
However, I believe a corp banking analyst right out of school would be good prep for an FP&A / Treasury role within corp finance
Thanks guys. In Canada, the Big Five banks only hire corporate banking associates after MBA. They dnt hire at the analyst level. How difficult is it to go from commercial banking to corporate banking ?
I dont think you can get a MBA with 2 years in corp. finance. Cant compare vs 2 years at IB/Consulting so your gonna have to grind it out closer to 4-5 year experience.
Yea, even IB guys will have a lot of trouble getting into an MBA program after 2 years.
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