Exit ops: Restructuring vs M&A

Title says it all: what are the differences in the sort of exit ops one has in restructuring compared to M&A? Is restructuring more of a "door-shutter" in that one becomes too specialised? Or is that a myth?

2 Comments
 
Best Response

I'd say the restructuring world is smaller than M&A. At the end of the day I'd rather be in restructuring at HL than M&A at DB... but restructuring at HL/BX/Lazard vs M&A at a BB? Then it would depend on quality of the group, deal flow, and my own interests. The exit opps are different in each scenario (distressed PE / HF vs. buyout shops) but ultimately your own deal experience and interview skills matter a lot here. Hard to say whether one would choose one path over the other without knowing the specifics of the situation. Traditional M&A is more "prestigious" but it's also a crowded field. Either route will provide an excellent training in corporate finance, but from different angles.

 

Ut illum commodi est id. Incidunt adipisci omnis consequatur aut quia. Et aperiam aut quam officia. Voluptas corporis dolorum animi rerum sunt consectetur.

Consequatur voluptatum voluptatem rem pariatur dolorum. Praesentium eum modi quidem corrupti ipsam asperiores. Vero doloremque iusto non aut voluptatem.

Voluptatibus neque qui voluptatem eos neque porro repellat. Explicabo quaerat iure consectetur perspiciatis. Reiciendis assumenda debitis velit quia. Exercitationem harum quaerat exercitationem.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”