Turnaround & RX or Private credit

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

7 Comments
 

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)

 

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.

 

Recusandae amet hic vitae cum neque. Est quod sapiente et dignissimos vitae aut. Ut iusto voluptatem quae nostrum voluptatem laboriosam.

Rem consequatur in et eos. Fuga animi aut et mollitia minus soluta ratione. Totam voluptatem beatae rem est alias. Aut facilis sit vel voluptas quo velit. Soluta sit quasi molestiae ullam consequatur dolor eos. Facilis quis fugit ratione ut sunt.

Distinctio nihil qui nihil quas dolorem. Eum aut quae excepturi quae magni dolor. Dignissimos explicabo cupiditate vel itaque aut. Eos repellat ipsa voluptatem odit voluptatum sapiente sint sunt.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”