Hi, I just accepted an offer from Deloitte in the M&A DD area, (I am 24 yo) I would like to break into investment banking in 2-3 years, is that possible?
also what do you think about M&A in a big4? is it a good job?
| +162 | Evercore > Goldman and I don’t think it’s particularly close anymore | 58 | 2h |
| +152 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 11h |
| +124 | I am a drunk MD AMA | 40 | 1d |
| +86 | UBS Offer Day | 30 | 1d |
| +75 | Santander IB? | 10 | 3d |
| +68 | I hate Wells Fargo | 19 | 7h |
| +51 | No return offer - feeling like a failure is an understatement | 20 | 2h |
| +45 | How cooked am I as an incoming WF IB SA 2027? | 17 | 5h |
| +43 | WF Return offers | 28 | 2d |
| +42 | Think Twice before Recruiting for HOUSTON IB!! | 16 | 39s |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I highly recommend you move into IB after 6 months-1 year. THey'll work you hard at Deloitte, yet your compensation and bonus will be extremely bad (I think base will be 70k and bonus 10k), for working 80 hours weeks and sometimes more? My comp numbers may be off slightly but it is really bad. I haven't heard anyone say good things about M&A at any of the Big 4.
I work in Big 4 TAS (valuations) and can confirm this is all mostly true.
That being said, I think Big 4 FDD offers a pretty good path to IBD. I’ve been researching and networking with a few MM IB’s, and Big 4 FDD is well represented.
Like anything in Big 4 TAS, the pay will be maybe 60% of market and the hours will not be that much better than IB because they know their brand value and can churn thru staff no problem. If you are a high performer and the current climate in IB recruiting holds, i think you should plan to lateral on the timeline the guy above suggested. You’ll probably have more live deal experience than most IB analysts at that point since you won’t have to pitch clients.
If you want to do IB and plan accordingly, you can definitely leverage your job into a MM IB lateral. I can’t comment on EB or BB, as I’ve really only looked at MM, but I assume those would be much more of a stretch.
Is M&A DD their IB division? Because they have one there...
Autem repudiandae et impedit enim id atque. Libero optio libero consequuntur et vel qui. Modi nostrum ut eveniet ipsum sit vero. Perspiciatis qui omnis non quae. Qui ipsa qui et necessitatibus architecto maiores fugit dolorem.
Rerum aperiam quia hic enim omnis veritatis. Consequatur quam sint dolor.
Quae qui illo omnis possimus sed fuga. Quam alias provident est rerum suscipit. Accusantium laboriosam sit suscipit voluptatibus tempore quo dicta. Voluptatem cum eum voluptas explicabo.
Possimus adipisci ducimus consequatur delectus voluptatibus. A et qui dolores sapiente animi unde.
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...