I am currently finishing my last year in college. I have an offer from a MM Investment Bank to go into equity research and also have an offer from Deloitte to start in consulting. I am considering which route would be best for career progression into private equity. Would appreciate some feedback.
Trending Content
| +3,993 | Bank of America - Juniors Strike to start Monday May 6th | 417 | 24m | |
| +844 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 79 | 23h | |
| +596 | This is a dark day for Wall Street. | 46 | 12h | |
| +437 | BofA Associate Death - WSJ, FT, CNBC, Bloomberg | 47 | 59m | |
| +191 | How to strike without being fired. | 21 | 17h | |
| +184 | Analyst at Bofa FIG-Thoughts | 28 | 23h | |
| +169 | Big Layoff at Barclays - 5/1/24 | 88 | 1d | |
| +165 | Hey WSJ, BBG, CNBC, FT, it's been more than 72 hours that this BofA IBD Associate was reported dead | 23 | 11h | |
| +150 | BofA List | 37 | 10h | |
| +132 | Reporters, please post your info in this thread for visibility so people can easily reach out. | 4 | 2h |
Career Resources
MM ER - more relevant experience
Could you give some more insight into that. I’ve only recently made the decision to go that route and was more into corporate finance so just wanting to get some more info.
they are a prospect so they dont even have a job, there isnt any more insight there thats worth hearing
Absolutely not lmao. Strategy consultant + finance modelling skills (which you'd need to study on your own) is a better fit for PE especially as you move beyond the associate stage. Deloitte isn't MBB so that may limit the type of PE that will give you looks (ie MF) but that same dynamic applies to MM banks as well
Thanks for the input. Helpful to know.
Transitioning from ER to PE is really difficult. If you want PE go consulting or try and lateral into an IB role. Check out the ER forum for more details.
Appreciate the response!
Would think consulting is more relevant than ER.
Lateraling to MBB from Deloitte will be a way better option than ER
Thanks for the response. I’ll take that into consideration and am now thinking that that will be the better option as well.
Piling on here to say Deloitte. Lots of consultant-friendly PE firms - you can certainly land something (likely MM/LMM PE) from Deloitte or lateral to MBB if you want more serious exit opps. ER you have to go to IB first, which isn't hard but not a total cakewalk either from a smaller brand
Aliquid voluptates dolorem eaque occaecati qui debitis. Ducimus et soluta laborum aut voluptate in dolor quia. Nihil eos quasi autem pariatur molestiae.
Et dolorem debitis harum corporis perspiciatis quidem. Sequi ea rerum quod omnis rerum ipsum.
Et quaerat quidem officiis nihil et blanditiis a. Iusto iusto nesciunt fugiat vel occaecati.
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...