Big 4 Valuation Vs. Boutique IB

Hello!

I'm trying to decide between returning to the big 4 firm I interned at in their business valuation division or accepting an offer for a boutique.

7 Comments
 

Your advisor is a fuckhead. If you already accepted it is their fiduciary duty to the school to make sure you do not reneg, While yeah, that's shitty to do Big 4 is a machine of turnover, they will not care or remember you... If your gol s to do IB do IB. That said we dont know what you are giving up in terms of pay and hours between the two.

But again, if your goal is MM IB.... Do MM IB ... man that was tough wasn't it?

 
Best Response

Go to the boutique if your goal is a bigger IB. That's simple. I used this analogy in a thread a few years ago and I'll do it again: if you want to go to the NFL, should you play D3 football or D1 basketball?

I used to recruit for the MM IB where I worked and I'd much rather hire a lateral who already had "investment banking analyst" on their resume. You'll get good experience at Big 4, but IB is more applicable to IB - very simple. Although, it seems to me like you've already made up your mind since you spent the majority of your post justifying the Big 4.

 

The M&A market is at pre-2008 levels right now. If you spend five minutes Googling this or even search WSO, you'll see plenty of sources confirm this.

If you want to do valuation, take the Big Four job. If you want to do IB, take the IB job. It's that simple. If you ever want to lateral, it will be relatively easy coming from the boutique. Ignore your advisor, take the boutique, and be happy to have an IB offer.

 

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