Equity Research BB vs Corporate Finance Boutique
I work for a Big 4 firm in London within audit and valuations and I am coming up to qualification.
From speaking to recruiters it seems that my ACA is valued by tier 1 IBs and elite boutiques only within ER roles.
For a shot at BB or elite boutique IB I need some kind of M&A experience, which I don't currently have.
On the other hand they seem to like ACAs for ER so BB or a good boutique seems to be a realistic possibility, however my passion has always been for actual transactions and getting close to the action rather than simply trying to place a valuation on a stock.
I do seem to be having a lot more success when applying to regional boutique advisory firms.
My question is given the choice is BB ER preferable to boutique corporate finance in terms of:
Exit opportunities (long term I see myself on the buy side)
Compensation (I've been told ER is a shrinking market and salaries at the top vs banking reflect this)
Sidenote: I don't "time qualify" until September which is the earliest I would be able to leave for an ER role. If I go the CF route I can leave now as the experience goes towards the qualification.
What do you guys think?
Bump.
Bump.
Qui neque necessitatibus repellat nihil. Et itaque consequatur numquam quibusdam et sed quis enim. Sunt nobis cumque sed aspernatur atque quod exercitationem. Non odit reprehenderit deleniti aut dignissimos quidem a. Veniam nesciunt ipsam impedit magni mollitia.
Adipisci eius aut perspiciatis ex quia et. Ab quo omnis dolorem nihil. Quia et dicta aut cum magni vitae ipsa. Est perferendis facilis doloribus itaque earum non ad.
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...