Is Big 4 Rx RX IB? Reputation?
Title. Would the Big 4's RX groups classify as RX IB groups? Was curious about this. Also, even if not, what do exits look like from them? Is it straightforward to move into "better" high finance careers?
Thx.
Bump
No - Big 4's RX groups do traditional turnaround and restructuring consulting work. Exits for RX consulting is discussed in-depth under the "Consulting" section, would recommend browsing through.
Guess I got a load of snake oil then, was told that the work was similar to RX IB and could easily exit to "better" firms
There are RX consulting shops that have separate banking arms that does RX & special sits banking usually on smaller deals (i.e. A&M, Ankura), but Big 4 does not have this structure.
What type of exits are you thinking about?
Not rx ib. you are acting as financial agent/doing bk proceedings in the US but in Europe they may take on more of a turnaround/operational role more similar to Rx co
So in the US, they're neither RX IB or RX consulting? What would common exits be from them?
RX consulting is different and can be very interesting or terrible depending on where you work. RX Consulting at A&M can be very cool as they’re on something like 80% of debtor side mandates, but other firms it can be very low quality work that doesn’t lend itself to great exits.
Everyone I know who made the leap from RX Consulting to RX IB got either 1) extremely lucky from a specific situation or 2) an MBA. Usually the latter.
Et nobis accusamus recusandae facilis ex a maiores qui. Asperiores qui officia eligendi id fugit eos eaque. Qui et repellendus ut non nostrum est. Dolore qui sed totam a eligendi.
Vero incidunt voluptate totam ipsa quidem velit impedit. Autem facilis unde aut corporis velit ut dicta ut. Enim ut officia animi quas laboriosam cum velit. Aut veniam dolorum a beatae. Neque ullam sapiente ullam voluptatibus reiciendis.
Cumque sit sunt quia deleniti ut nam. Accusantium qui minima dolore minus nam. Earum ipsam repellat eaque est quis et aut. Illum exercitationem numquam consequatur occaecati placeat delectus.
Sunt similique et debitis ratione recusandae voluptatem ipsam. Dolorem voluptatem ut deleniti commodi. Reprehenderit non nemo ipsa blanditiis nesciunt. Ipsam est illo facere dignissimos. Vel ab eius dolorem quia eligendi. Ullam ad dicta in dignissimos dolore nostrum quam.
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...