Deloitte Corporate Finance IB

Every year people ask about Deloitte’s IB practice and the answers I have come across are always far from right. I thought I would provide some insight from a close friend of mine for those later down the line.

Deloitte has many different arms to it, valuation, TAS, risk, etc. and are frequently confused for its investment banking practice Deloitte Corporate Finance (DCF). DCF of course is part of Deloitte, but from my understanding operates separately (P&L) from the company its self as it is an LLC. DCF operates as any other MM M&A investment bank would, they source their own deals, take them to market, source buyers, secure funding and you get the point.

As far as pay base pay/signing bonus/annual bonus it is on par with the street (I work BB). Hours sound worse than BB but it’s because they deal with a tremendous amount of volume/smaller clients. Seems like he has great involvement with deals (directly communicating with C-Suites). From my perspective sounds like a good shop if you aren’t able to break into BB or are looking to operate in MM.

Exit ops to MM/LMM PE are pretty standard, a lot of their buyer universe is composed of PE shops so you can do a bunch of networking/showing off your AmAZiNg modeling skills on the job.

Hopefully this information can be educational and useful for those recruiting later on since there isn’t a lot of information out there.