RX Banking/ Turnaround Consulting

Hi,

I am a current sophomore at a very large public school, with a great alumni base. Now I am a good learner (4.0 GPA) but I am not a genius by any means.

Realistically, how long would it take me to learn as much as I can about RX/ Turnaround consulting, in order to be a top candidate when recruiting for RX banker and consultant internships. Also is there any thing I should try to tackle first or become really knowledgeable about? And what would be a good backup to also recruit for in case RX doesn’t work out, would LevFin be a good alternative or something more general like M&A generalist roles?

I am aso not completely new to the material, I know the more foundational ideas behind RX and cap structure. I am also about halfway through the credit investors handbook by gatto and I just started Distressed Debt Analysis by Moyer.

Any tips and advice would be greatl

1 Comments
 

Numquam vel numquam delectus omnis sed. Accusamus recusandae nobis quisquam quo eos. Et officia quia aut dicta omnis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (72) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
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...”