What would you choose between Corporate Banking in a large European commercial bank and Corporate Finance in a Big 4?
In terms of salary, career prospects and work/life balance.
The Corporate Banking job is about syndicated loans, cash management, trade finance solutions for international corporates (i.e. large companies). In a commercial bank, not a BB investment bank.
The Corporate Finance job is about valuation, due diligence,... for small and medium-sized companies.
Thanks!
What do you want to do in 3-5 years?
The corporate finance job will leave more doors open for you if you are ultimately looking to lateral into IB, and later PE.
However, if you're looking for a cushy corporate gig with solid work / life balance, above average pay, an overall comfortable lifestyle - the corporate banking role fits the bill. Exits into IB, PE, strong lev fin / credit funds will be very limited without a strong network.
Hey,
I am actually more interested by a long-term job, i.e. I would consider staying in either the Big 4 or in the bank, getting more responsibilities. There are not many Investment Banking and especially Private Equity opportunities in my city, and I would not consider working abroad.
What would be the difference in terms of salary and work/life balance among the two options (Big 4 - Commercial bank). I think Big 4 would be more demanding, but what about salary?
Do you finally think I could move from Corporate Banking to Private Banking at some point in time?
Thank you again!
Regards
This is good advice. LMM PE is even doable from Big4 - make sure its in a local financial centre though - ie London/Paris/Milan/Frankfurt/Zurich etc
// cancelled //
Ipsam aperiam vero sit et eum iusto. Provident est perspiciatis quia ut dolores debitis in.
Qui officiis sed consequatur aliquam ut atque. Aut fugiat adipisci quo doloremque. Magni molestiae quo est aut dolorem dolore. Dolore cumque est et esse beatae.
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...