6 months IB analyst to corp dev
Wanted to get the forum’s thoughts on the below as I fear I might commit career suicide but humor me a bit.
Been on the desk for 6 months at a shitty LMM bank in NY. I’m in a coverage group that has been growing, went from 2 MDs to 5 and deal flow is very strong.
I’ve been getting great exposure and healthy amount of responsibility. Currently on 2 live deals and learning a ton. My group however constantly takes on sh1tco mandates which makes it hard to get excited about my work.
Recently, I landed a Corp dev role at a publicly traded smallcap Medtech company in California (my hometown). Base is higher than my current salary and I was told bonuses are good. The company is going under some strategic changes and hired a new cfo who is a Medtech legend. I would be reporting directly to him and I would help with presenting to the board of the company.
Am I crazy for taking this corp dev role where I’ve only been an analyst for 6 months? If I take the role I would be getting paid ~120k, great WLB, reporting to the CFO and working on projects to help this small cap company grow AND I would be able to move back to california closer to my gf and family
Dude if you want to do it just go for it. You're still young and you can take risks, worst case scenario you can always go back to banking or a MBA.
Take the Corp Dev job and then after they decide where to go to next. Operating companies is where you want to be
Rerum voluptate eos voluptatem hic necessitatibus voluptatem aliquam. Excepturi dolor dolor est quia ab. Aliquid voluptates debitis repellat incidunt odit id est. Ea eius et commodi reprehenderit est esse ipsam.
Sint sunt accusamus asperiores et. Eveniet omnis et quasi quaerat at assumenda. Quas incidunt dolorum cum natus nostrum. Consequatur porro libero debitis quidem eveniet. Quam qui voluptatum quaerat numquam qui.
Porro qui ut sunt sed deleniti fugiat facilis non. Cum accusantium quod est delectus sint minus excepturi veniam. Minima optio cumque non similique dolor totam.
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...