Debt and Capital Advisory or M&A? Where would you go?

Hi all,

TLDR because I know people here are really busy and short for time.

Choose one: M&A or Debt and capital advisory.

I have offers in an accounting firm (yes, for shame I am posting in the IB forum but I figured that M&A and DCA are similar to the work of a lot of IB) for both divisions. I have been told that my starting salary and bonus for the year is the same for both divisions.

Where would you go and why? What sort of exit opportunities are there for either one? Which is better to start off as a graduate?

I need to decide so if you could share your experiences, anecdotes, offer some words of wisdom and help out the new kid on the finance world block. I'd appreciate that.

Cheers.

3 Comments
 

Depends on the team and how established they are. I know a lot of the big 4 are pushing into debt advisory and hired ex bankers recently but because it's a new venture you will be highly dependent on how good the head is and possibly do a lot more pitching than execution

I assume the big 4s have a solid network in the small/mid cap space and can however derive more vanilla M&A mandates so the experience may be more interesting in terms of execution

At the end of the day, both options are quite good, so go with the team where you had the best impression and most importantly where the team head / partner has the most solid track record

 

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