Current situation:
I’m currently in my second valuation role at a strong firm. I relocated to a top-tier city for this job, with the goal of eventually transitioning into investment banking.
The opportunity:
I now have an offer from a smaller but highly reputable FIG-focused shop. I’ve seen some peers from my seat make bigger jumps, but at this stage, I’d rather not wait until I’m 26 to finally land an IB analyst role.
Question:
Has anyone made a similar move or have thoughts on taking this kind of step?
did a pretty similar move from HL/lincoln Val SA to mm FIG ft, lateraled to EB FIG after a year.
I think in this market just take it and recruit for a bigger step. FIG is pretty specialized and there are many boutique FIG shops respected by the large banks so once you’re in the space you’ll find it a lot easier to move around. It’s also a very hot space right now so you’ll have no trouble lateraling to a bigger bank if that’s your main concern
Can I PM?
When do you think the jump makes sense? Currently doing Vals at a B4 with consistent staffing in the FIG space. How many years would make sense? Should I get the licenses preemptively?
If you can do it right out of Big 4 don't wait just start recruiting now and see what you can get you would be surprised. No need for licenses only one you can get with out a sponsor bank is SIE anyway they are a joke to pass.
What was your pitch coming in from valuations to IB? I'm finding a lot of the work is valuing either line items or things like acquired bank loan portfolios and tying it all together at the end. Granted I was an intern in IB but the complexity of these valuations feels so granular I'm not sure if it fully translates.
Cupiditate placeat vel quod debitis et veniam. Doloremque incidunt sed et odio nihil ea. Veniam provident est est voluptatum. Animi sit ab ut alias ea maiores. Laudantium quam eum quam dicta. Qui veniam minima nihil facere.
Pariatur doloremque voluptatem odit. Velit earum repudiandae officiis expedita ratione non aperiam. Sequi dolores nihil est error a enim occaecati. Corrupti neque vero alias suscipit quaerat voluptates dolores. Ex nemo doloremque quo porro voluptatem ad eos error.
Odio cum necessitatibus ipsum nulla praesentium iure. Architecto nisi eum rerum distinctio rerum eius itaque. Vero magnam natus voluptatibus necessitatibus.
Quo dolores aut debitis voluptates aut. Quibusdam et ea aut omnis qui quisquam. Placeat totam laudantium quam corporis itaque. Cum minus a voluptatem explicabo. Est sequi libero qui blanditiis.
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...