I'm currently a senior FP&A analyst at a F500 credit card company, and I have a little over 4 YOE from FP&A and public accounting (with a CPA). I thought FP&A was something I wanted to do long term, but I'm hating how cyclical this job gets. The role, as well as the majority of FP&A roles within my company, doesn't have much value-add, strategic work. Instead, it's just filled with too much month-end BS like variance analysis, budgeting, forecasting, and slide decks. I realize that I'd rather do something like Corp Dev instead where the work is more project based and creates much more value and impact enterprise wide. I understand that the hours are more unpredictable and likely more intense in Corp Dev, but I'm willing to deal with it. I rather work longer hours in something I enjoy than fewer hours in something I dislike.
From my understanding, it's pretty unlikely for me to break into Corp Dev given my lack of M&A/IB experience. I'm seriously considering getting an MBA in hopes of becoming an IB associate and accelerating my career. I see myself doing IB for about 2-3 years before switching back to industry in a Corp Dev role. I also would think that the MBA would enable me to get promotions to higher positions because I have the degree.
TDLR: Is it worth getting an MBA to do IB to just end up in Corp Dev if I'm already in FP&A?
I’d try to lateral into corp dev, it’s generally easier than you think. You’ll not make any more money but if you like the work I’d make the jump to IB in a couple years. TBH, bankers jumping to corp dev makes zero sense financially, only from wlb.
dude whats your comp like? currently an an1 at a small shop looking to get my cpa and go big 4 so i work with less old guys
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