What are the different corporate roles and paths?

Hi guys,

I'm currently an analyst at a BB in the US. I am still undecided about my long term career route and would like to learn more about the different roles / divisions in corporations, businesses etc. To be frank I got funneled into IB really young so I don't know much about corporate careers. I know there are operational roles, accounting / treasury roles, sales and marketing but I am trying to wrap my head around what the people in these different divisions do, and how the skills they acquire set them up for future roles (what roles get you to CEO, CFO, COO.) Also, if someone could explain how an analyst can exit / transition into these corporate roles after a 2 year stint that would be great! I would really appreciate any input or guidance!

Comments (10)

Nov 22, 2020 - 4:40pm
benjokal, what's your opinion? Comment below:

I know corp development is internal M&A etc which is why a lot of people there have a IB background. I've heard of FP&A which is an accounting type role from what I know. Both of these fall under the CFO I believe.


  • 1
Most Helpful
Dec 2, 2020 - 3:53pm
jto777, what's your opinion? Comment below:

Depending on what you do in IB (M&A or DCM) there are a couple of spots you could transition too pretty seamlessly. Like other people have mentioned, corp dev is going to be the opposite side of the M&A coin, so you will find many people in those departments are ex-IB. For DCM the transition to Treasury (specifically the capital markets team) is pretty normal as well. I work for a Fortune 50 company on the capital markets team, and while the comp doesn't really compete with banking, the hours are unbeatable. I work 8:00 - 5:30 pm everyday, get home for dinner with my kids, and pull the occasional few hours of weekend work around board meetings.

  • Analyst 1 in IB - Gen
Dec 2, 2020 - 4:14pm

Thanks! What are the internal career paths available to you in Corp dev and treasury? Do you just move up the ranks and hope to get to CFO or can you lateral to strategy, biz dev, sales, or other divisions?  And yes, the lifestyle is definitely a consideration; ready to work hard but not at the total expense of my health, social life, and hobbies lol.


Dec 3, 2020 - 9:41am
jto777, what's your opinion? Comment below:

Good questions! In my group, Treasurer is probably the highest point you will be able to ascend to, and even that is a real long-shot given the size/prestige of the company. More likely you work your way up to the Director/VP level, and then lateral out to a smaller company as their Treasurer in pursuit of better comp/equity piece. 

From what I understand Corp Dev is similar, you are trying to get to the director level and either ride out that considerable compensation and stock options or lateral out to be a smaller companies CFO or head of M&A, or something similar that interests you. 

Dec 3, 2020 - 9:44am
jto777, what's your opinion? Comment below:

Et mollitia ut excepturi non. Vel et ea atque animi odit. Similique dolorem tenetur aut laborum. Dolore consequatur eius dolorum voluptatem neque vero ipsum. Voluptatem quia quos sed quia et et non. Nisi quod cumque voluptatem occaecati nulla doloribus temporibus.

Repellat nisi quo commodi cumque natus culpa. Consequatur unde culpa asperiores porro asperiores. Atque quia rerum et dolor accusamus. Ducimus aut nihil nihil reprehenderit possimus.

Assumenda voluptatem quis nihil harum quasi eum in distinctio. Enim et distinctio eius optio est. Quam quam eius rerum suscipit. Perspiciatis explicabo cumque temporibus id dolor commodi.

Start Discussion

Career Advancement Opportunities

July 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

July 2022 Investment Banking

  • Lincoln International (▲06) 99.6%
  • Jefferies & Company (▲11) 99.2%
  • Greenhill (▲07) 98.8%
  • Rothschild (▲01) 98.4%
  • Evercore (▽01) 98.0%

Professional Growth Opportunities

July 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

July 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (191) $246
  • 2nd Year Analyst (117) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (369) $150
  • Intern/Summer Associate (78) $147
  • Intern/Summer Analyst (292) $92