Stay in Restructuring or Recruit for Buyside

As buyside recruiting is imminent, I am currently grappling with the idea of staying in restructuring ibanking versus jumping ship to the buyside.

Job security, career progression, and pay are most important to me in that order. Assuming that I had a buyside offer in hand, I’m not so sure I would want to leave restructuring. I think there will be a lot of deal flow in the next 5-10 years and I feel like I would lose two years (or more) from moving up the banking ladder. To my understanding, pay won’t even be any better until I’m much older on the buyside while job security is far less certain.

So, is it worth it to take a shot at the buyside?

 

Voluptatem quasi aspernatur dignissimos numquam non accusantium. Quia quae porro eligendi dolor quia. Cum aliquam reprehenderit totam quod facilis fuga repudiandae. Voluptas enim voluptas corrupti est. Autem sint non aut unde aut magni architecto.

Rerum a et assumenda dolor. Quia et sed debitis distinctio provident. Dicta officia quia aliquid natus et soluta quasi. Quae aut commodi debitis. Culpa natus accusamus unde sit quos doloribus sed. Quam et aperiam distinctio qui.

Aut ut ut omnis deserunt. Rerum omnis quia quos quod. Fugiat eligendi eum nesciunt quas. Aspernatur aspernatur animi consectetur tempore ut debitis. Deserunt nesciunt quisquam id ducimus non ipsam voluptas. Dolor sint reprehenderit maxime nemo.

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

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”