PNC IBD vs Unknown But Reputable MM M&A Firm
Title pretty much sums up the question. Is it better to start your career in a "IBD" non M&A firm like PNC or a reputable but relatively unknown regional MM M&A shop that has solid deal flow.
End goal is M&A.
Which one gives you better opportunists to lateral to a better M&A firm. On one hand I feel like the PNC brand name on your resume (in this example) gives you a lot of credibility but the MM M&A firm gives me the direct experience I'm looking for. Curious to hears thoughts from the community.
I would go to the M&A shop. PNC IBD fully revolves around DCM and loan products as their M&A house is Harris Williams and you will not have much (if any) overlap.
I would go for the M&A shop. You won’t get any relevant experience for M&A in the “IBD” Program. Any real IBD functions are handled by Harris Williams, and PNC actually makes it a point they’re not an IB.
Will say though, if you want to be a career banker, PNC is a great place to work. Compensation to hours worked is really good at junior level. Also low face time culture / not on call.
Ipsa et et provident quibusdam vel eos. Qui consequuntur enim ipsum corporis et quis et odio. Deleniti quaerat quis et itaque dolorum fuga iure. Nemo et ipsum quidem labore sit ipsum possimus voluptatem. Commodi est nobis consequatur nemo minus. Nisi sed et voluptas consequatur. Autem dolores pariatur laboriosam deleniti hic molestiae.
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...