Next Step in Career

I’ve been thinking about my career path and how to position myself to pursue roles that most align with my interests. I need help identifying the role and how to get there.
I’m currently more than 2 years into ER, about 4 since undergrad. I always thought the next step would be LO or L/S HF but I need to either re-affirm my interest or commit elsewhere.

I enjoy the analyzing businesses/investing side of my role a bit but it feels like there’s something missing. I first became interested in business because the idea of making things better or more efficient was always interesting to me. I had an internship in a corp role a while back and they all would ask if I would prefer to be an investor or operator, and that was never an easy decision for me because there were elements of both I liked.

When writing this out, it seems like the obvious answer is PE. However, I had opportunities to do IB in the past and I didn’t want to do that, mostly because of the deal-driven nature of the career rather than making an investment. It seems like it would be odd that I would like PE since it falls in that same bucket.

Does anyone fall in the same boat here or am I just looking for a perfect opportunity that doesn’t exist except for maybe the top 0.01% of candidates and just have to take the bad with the good?

3 Comments
 

I have similar thoughts. Sometimes I think I would have been better off going down the IB/PE path as I think it better aligns with my interests. Not to say I don’t enjoy the job.

Have you thought about IR/strategy/corp dev? Seems to check all of your boxes. Some IR roles, at least under my coverage, are also involved in corp dev and would seem to fit if you could find one.

PE is nearly impossible from ER.

 
Most Helpful

After spending a decent amount of time searching and watching random videos, I think I have a good idea. 

I thought about IR but I think that takes the investing component away, which is probably the most important part. Also, my time would be spent focusing solely on my corporation, so the lack of variety would bore me. 

The corp experience I alluded to in my post is actually a Corp Dev role. I did like a few elements of that but I am not a fan of M&A only. Therefore, a corp dev/strategy role would be a good idea as long as it was grouped with some sort of strategic investments team with some sort of minority investment/venture arm. 

I think a growth equity/venture role may be what I want. It's not a controlling acquisition, so it seems more investment rather than "deal"-focused (as backwards as that may sound). Plus, there's opportunity to add some value and efficiencies without becoming a hands-on operator. 

 

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