HY Credit research > Corp Dev/Strat/Finance?

Currently a 1st year analyst at a boutique AM, covering HY credit research, and thinking about a pivot out of public markets into something more strategic/operational corporate finance, corp dev, strategy, or product management ideally at one of the big tech companies. Obviously, this isn’t a deal-focused role. No underwriting, no execution, no structuring just public credit investing.

That said, the skill set overlaps with corp fin/strat roles, capital allocation, and risk analysis, modelling, accounting etc. Thinking of how to best position myself for a move into one of the aforementioned seats since I’ll be competing with IB/PE folks.

Has anyone made the jump from public credit investing to corp fin/strat/dev/product? Is the better move to jump into private credit or LevFin first (is this even possible??), or can you go direct from HY credit research>strategic finance / corp dev?

1 Comments
 

Commodi ab quia molestiae nihil earum illum. Hic a non sunt consequuntur quisquam fugit. Sed vel soluta asperiores occaecati temporibus dolorem quibusdam. Maiores quo temporibus blanditiis id hic alias modi. Ut corrupti commodi velit perferendis est nihil sequi. At qui eveniet incidunt.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”