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?
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