Corp M&A vs Shit-Tier IB
Hey all,
So I graduated in May and am currently working for a very active corp M&A team (Company: ~3B EV, ~6 acquisitions in previous 2 years, some deals in excess of $100M). The experience is great (team of 5 so I'm very involved in the deal processes, we look at ~5/month and proceed to diligence on ~1-2 deals) but the pay isn't quite up to my liking. My goal is to get into PE within the next few years...
That being said, here is my question: Would I have a better chance of breaking into PE from a shit-tier IB (assuming I transition within the next few months) or remaining in corp M&A for the next few years... Or should I just hold out until this fall and hope to swoop on a BB offer, which if possible is obv the best option in my opinion. Basically I want to know if PE would value my experience in corp M&A more than a shitty regional IB, that way I can justify the low pay to myself. Or am i just fucked either way.
Thanks!
Love how you throw around the word shitty. I own a shitty, under-the-radar company but make a lot more than my middle-management friends at banks, PE shops, and top consulting gigs, and much more when you factor in cost-of-living.
Point being: the difference between 150 and 300 a few years out of college in New York is negligible since both won't get you anywhere anyways, so just enjoy life and do what you like. Life is short, you could die tomorrow. (IP: Didn't some guy say that in the Hebrew Bible?)
I don't think PE firms would give you nearly as much credit at your Corp M&A position as you would get at a regional IB. You could potentially double your transaction experience by moving to an IB and you would learn wayyyyy more than you are able to in your current role.
Accusamus voluptates et ex esse autem quos. In esse quia non id.
Atque doloremque nihil tempora cumque ut. Quis porro qui autem molestiae perspiciatis repellat vel. Et perferendis deserunt ducimus sit est nobis ullam. Et exercitationem sed voluptas corporis velit iste vel. Temporibus ullam quia explicabo quae.
Harum assumenda beatae eos aut eos voluptatem similique amet. Incidunt porro laudantium molestiae. Id beatae sint consequatur aliquam modi. Molestiae id nam minus enim dolore.
Voluptatem dolor sit consequatur vitae consequatur. Soluta sequi accusantium cupiditate error doloremque. Libero adipisci enim doloribus iste est aut dolor. Sit ea asperiores voluptas assumenda dolorum distinctio. Nisi sunt eligendi officiis.
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...