Missing IB - should I get back in?

Jumping back into Investment Banking after time away is definitely possible, but it comes with challenges and considerations. Based on the most helpful WSO content, here’s what you need to know:

1. Realistic Path Back:

   • Transitioning back into IB after a stint in Big 4 M&A is feasible, especially since your current role still involves deal exposure. Highlighting your transaction experience and making your resume as IB-centric as possible (e.g., listing notable deals and your role in them) will be crucial.
   • Networking is your best friend here. Reconnect with former colleagues, alumni, and industry contacts to explore lateral opportunities. Many professionals have successfully re-entered IB through strong referrals.

2. Challenges to Consider:

   • Being out of IB for two years might raise questions about your commitment and readiness for the demanding lifestyle. Be prepared to address this in interviews by explaining how your time in Big 4 M&A has kept your skills sharp and why you’re motivated to return.
   • The grind is real. If work-life balance was a key reason for leaving, think carefully about whether you’re ready to dive back into the intense hours and pressure.

3. Is It Worth It?:

   • If you feel like you left something unfinished and are drawn to the prestige, pay, and exit opportunities of IB, it might be worth pursuing. However, weigh this against the sacrifices required, such as long hours and personal trade-offs.
   • Many WSO threads emphasize that IB provides a strong foundation for future career moves, but it’s essential to align this with your long-term goals. If you’re aiming for a buy-side role or a senior corporate position, returning to IB could be a strategic move.

4. Alternative Options:

   • If the grind of IB feels daunting, consider exploring roles in Corporate Development or staying in M&A advisory but moving to a more prestigious boutique or mid-market firm. These paths can still offer meaningful work and solid pay without the extreme lifestyle of IB.

Ultimately, the decision depends on your priorities and willingness to re-enter a high-pressure environment. If you’re determined, focus on networking, refining your story, and showcasing your deal experience to make a compelling case for your return.

Sources: 34 year old day trader to investment banker, The Allure of Investment Banking, https://www.wallstreetoasis.com/forum/investment-banking/not-sure-if-investment-banking-is-for-me-anymore?customgpt=1, corporate development regrets?