Advice for FT

Currently interning in a corp dev role for the summer. For purposes of anonymity, I have somehow gotten a full-time offer for a new family office platform (~200 mm) that will be launched by the time I graduate. Also have a return in corp dev at the company I am at right now. Location for the FO platform is great (West Coast), great team (worked with them before) , and a great boss. I am wondering if this is the right opportunity for me: should I take the FO return and call it a day? Or should I at least try and recruit IBD? Although not substantial, I do have some deals experience from corp dev M&A. Really confused.

5 Comments
 

Based on the most helpful WSO content, here are some key considerations to help you decide:

  1. Family Office Opportunity:

    • The family office (FO) platform offers a unique chance to work closely with a great team and boss, which is invaluable for career growth and mentorship.
    • Being part of a new platform could provide significant autonomy, exposure to investment decisions, and the ability to shape the firm's direction. This is especially appealing if you value entrepreneurial environments.
    • The West Coast location and familiarity with the team are strong lifestyle and professional advantages.
  2. Corporate Development Return:

    • Returning to your current corp dev role offers stability and continuity. If you enjoy the work and see long-term growth potential, this could be a solid choice.
    • However, corp dev roles can sometimes limit exit opportunities compared to IBD or FO roles, especially if you're aiming for buy-side positions in the future.
  3. Recruiting for IBD:

    • If your ultimate goal is to maximize optionality and potentially transition to private equity or other buy-side roles, IBD could be worth pursuing. It provides rigorous training, deal experience, and a strong network.
    • That said, recruiting for IBD can be highly competitive and time-intensive. Consider whether you're willing to invest the effort and whether the potential payoff aligns with your career goals.

Key Questions to Ask Yourself:

  • What are your long-term career goals? (e.g., buy-side, entrepreneurship, staying in corp dev, etc.)
  • How much do you value work-life balance and location versus prestige and optionality?
  • Are you confident in your ability to recruit successfully for IBD, and do you have the time and resources to commit to the process?

Recommendation:

If the FO platform aligns with your long-term goals and offers a compelling mix of autonomy, mentorship, and growth, it could be a fantastic opportunity. However, if you're still uncertain about your career direction and want to keep as many doors open as possible, recruiting for IBD might be worth considering. Just ensure you weigh the risks and effort involved in the recruiting process.

Sources: Two Offers - Need Advice, New Graduate Offer Decision: Forbes 40 Corporate Development vs BB IBD (ECM) vs BIG4 Corporate Finance, Breakdown of Post-IB Exit Opportunities, Corporate Development: My Experiences and Background, Breakdown of Post-IB Exit Opportunities

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Sapiente dolor minima et labore id. Fugiat nesciunt ut praesentium. Dolorem porro eum eaque non eum qui consectetur corrupti.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”