Is it worth to jump from BB ECM to MM M&A?
Always wanted to do M&A but unfortunately got assigned to ECM team. Lateral during the start of first year to another BB M&A seems unlikely. Is it wise for me to go with MM M&A? From top 3 BB ECM to a MM M&A.
Have you explored internal mobility at your bank? If so, why does it seem like it's not a promising prospect to you?
And what about ECM do you dislike?
Personal preference. Not sure if internal mobility is possible given that there's no opening
In ECM you are essentially pitching clients potential IPO deals. or secondary offerings, or whatever equity financing deals.
As a junior banker, even if you have family connections or whatever, it takes time for those big shots to take you seriously.
You work on market updates and pitches most of the time, which becomes tedious after a while. More importantly, you won't be learning anything new . That happens way faster than you think.
But being not sure, or there being no official opening, doesn't mean they won't make a spot for you. Maybe it's unlikely, but if they like you, maybe they'll accommodate you. Then again, if you don't want your current team to know that you want out, I get that you might be reluctant for that reason.
Agree with other posters above but the short answer depending on your goals is: Yes. MM (name brand MM) M&A will be far superior than your ECM work.
In a similar boat but for SA. Wondering how I voice my desire to switch to an M&A group without burning bridges with current team. Don't want to talk to HR behind their backs, but don't want to risk not getting return offer either.
Most of the time I see people say complete the 2year training contract then move internally as an Associate. Yes, it’s long, but it’s a process I hear works with very little resistance. All experience is good experience and that cap markets experience may help you a lot more going forward as an M&A banker.
Nisi animi voluptas et voluptatem dicta odit sit. Eveniet qui consequatur voluptas voluptatum ut et harum.
Veritatis ipsum cum recusandae eum architecto porro. Id repellendus est eligendi aut aperiam harum qui. Magnam facere repudiandae quo et ipsam illum quam. Ullam aliquam est vitae iusto. Quia pariatur amet minima voluptas aliquam.
Ullam impedit a et dolorem minus. Cumque explicabo voluptatem perspiciatis quidem. Ipsa delectus vitae aut tempora veniam nulla. Ut eum eum modi numquam est aut illum ut. Aliquid praesentium dolore dolor dolores dolorem. Est tempore accusantium et sed voluptatem.
Rerum sequi modi culpa accusantium sapiente. Doloribus nemo suscipit quia explicabo. Laudantium expedita vitae aspernatur voluptatem illo possimus sit. Nostrum id ea ut illum est omnis et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...