Corp Dev Lateral Move with $40k Paycut to learn more?

Currently a Corp Dev analyst at unicorn tech startup in the Bay Area. Long story short, I don't do M&A but rather small impact strategy, ops and finance projects. There is no M&A strategy for the next few years. Currently interviewing for a Corp Dev analyst role at a Healthcare system in San Diego focused on M&A.

  • Pro: (1)I get to add to my technical skills and learn the ins-and-outs of M&A. (2)Smart team
  • Con: (1)$30k-$40k less total comp. (2)Leave the Bay Area.

Should I take it? Thoughts?

Comments (2)

Most Helpful
May 15, 2022 - 7:36pm
wanttobreakin111, what's your opinion? Comment below:

Fuck no, that's ridiculous. Corp Dev is not as glamorous as you think, unless you truly have a hard on for M&A there's a high chance you regret the hell out of taking such a big paycut (assuming your comp is currently in the mid to low 100s range).

Even if you do I'd wait out for a role that pays more… 

May 15, 2022 - 10:27pm
Big Banker Brand, what's your opinion? Comment below:

Distinctio doloremque veritatis et animi tenetur. Deserunt illo natus aperiam id quidem nisi. Optio consequatur aut odit porro distinctio aliquam ut.

Rerum accusantium quo nostrum nostrum voluptas architecto sequi. Animi tempore vitae omnis ut excepturi aspernatur.

Est illo sit quo nihil non. Enim aliquid rerum odio. Distinctio et est sequi. Repudiandae assumenda voluptatibus reprehenderit id iste quos facilis.

Array

Start Discussion

Career Advancement Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • Lincoln International (= =) 99.2%
  • RBC Capital Markets (▲07) 98.8%
  • Bank of America Merrill Lynch (▲01) 98.4%
  • Houlihan Lokey (▲06) 98.0%

Overall Employee Satisfaction

June 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Lincoln International (▲05) 99.2%
  • Greenhill (▲07) 98.8%
  • Rothschild (= =) 98.3%
  • Evercore (= =) 97.9%

Professional Growth Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Lincoln International (▲04) 99.2%
  • RBC Capital Markets (▲09) 98.8%
  • Houlihan Lokey (▲07) 98.4%
  • Bank of America Merrill Lynch (▲04) 98.0%

Total Avg Compensation

June 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (189) $246
  • 2nd Year Analyst (115) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (364) $149
  • Intern/Summer Associate (76) $148
  • Intern/Summer Analyst (288) $91