SO DONE WITH M&A

The title says it all, I'm so done with M&A. I was laid off as a second year analyst at an almost bulge bracket, due to a complete stoppage in deal flow. Since my technical skills aren't where they need to be and I don't see that changing any time soon, I'm looking to pivot to another role that is less technical and a better fit for my skills -- communication, organization, and teamwork. All of my internships during school and post-graduation work experience is in finance, so I don't see other fields as a realistic option. I am considering "back office" IB roles, but don't know much about them. Any recommendations for jobs that are less technical would be appreciated. Thanks in advance for reading and responding!

 

Look into Investor Relations at buyside firms, pretty interesting gig that heavily relies on people skills from what I hear and pays decently well with great WLB. Got no return from my summer in IB and have been considering going into the space. Corporate banking is also a lot more relationship focused and the technical skills at the junior level are very basic

 

Could also add corp dev/strat jobs at less acquisitive firms... harder gigs to find, but tremendously less pressure and typically 40 hour work weeks. I just left a firm that had a corp dev team like this, had not made a major asset purchase in 2/3 years, maybe at most refi of loans for their existing subs that they bought many moons ago. Job is not "sexy" but the folks there get to have a good life outside of work.

 

would look at corporate finance / corp dev as a senior financial analyst / associate. figure out what size company you wanna work for then start applying. i started as a SFA recently with a company that is fully remote and make more than i did in banking (base) and absolutely love the people and the product.

Yeah I have worked as a senior financial analyst in a corporate finance role in management consulting. Once you get all the financial models under control, it's pretty easy and you just cruuuuuissseeee after that. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Rerum consequatur omnis et nesciunt incidunt. Deleniti quos eius qui. Fugit eos sint atque expedita. Aliquam et autem autem dicta modi rem aliquam consequatur. Recusandae tempora eum quia omnis non facilis eaque neque. Sapiente adipisci nulla qui est et exercitationem.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”