Turnaround and restructuring consulting seat at a tier 1 shop, second tier city
Or
Private credit investing seat, LMM mainly sponsor flexible work industry agnostic, second tier city
Pros/cons? Looking to do MBA, small business investing, and maybe some entrepreneurship down the line. Current seat is levfin but want something similar but different, so no buyout PE
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For turnaround the travel will likely be 80% and you will be working similar if not more hours than ib if you include travel. Pay is great at top shops but pc is probably similar pay for a much better wlb. For entrepreneurship t&r is probably better bc you deal with more operational stuff. But being in rx consulting for~4 years I’m looking to move into ib for the better pay, lack of annoying travel to bumble fuck and working with transactions (lots of the stuff I’ve done are mf tech portcos in distress)
How're you approaching IB recruiting? Cold emails or a different method?
Yup, same way one would normally. If I manage to get an interview I make it to final rounds just about every time but it seems to be difficult to land a position over someone who has direct ib experience or is an internal transfer from a different group. Think the job market is just cooked or maybe I just suck idk.
I'm assuming "normally" meaning regular applying? Do you get a pretty solid amount of interviews with that approach?
I barely ever actually apply. I don’t even get to the hr screening without ib on the resume at most places. Gotta network for the interview always.
are you targeting RX IB or broader?
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