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| +58 | Long Game: Development vs Asset Management | 22 | 3h |
| +28 | Future of Multifamily | 15 | 1d |
| +22 | CRE Banking @ Top 3 Bank or Asset Management at Public REIT | 13 | 3d |
| +22 | No IB RO considering RE | 9 | 1d |
| +19 | Most Correct Way to Grow Rents in MF Development Underwriting | 4 | 2d |
| +18 | Brokerage/RE Market | 1 | 5h |
| +18 | PGIM investment analyst low pay | 16 | 11h |
| +17 | Midweek timing of resignation? | 13 | 1h |
| +15 | Reneging MBB Offer to search for CRE job? | 9 | 11h |
| +13 | Early-career CRE analyst (1 yr experience + internships) — looking for resume & job search advice | 2 | 16h |
Career Resources
Based on the most helpful WSO content, your situation is not uncommon, and many individuals pivot between IB and consulting during their early career stages. Here’s what you should consider:
Leverage Your IB Offer: Having an IB SA offer at a solid MM bank is a strong signal of your capabilities. It demonstrates that you can handle a rigorous recruiting process and have the skills to succeed in a competitive environment. This can be a valuable asset when applying to MBB or other consulting firms.
Timing and Preparation: Consulting recruiting, especially for MBB, can be highly competitive and requires significant preparation, particularly for case interviews. If you decide to pursue consulting, ensure you allocate enough time to practice and refine your casing skills. Keep in mind that MBB firms often value diverse experiences, so your IB background could be a differentiator.
Exit Opportunities: Both IB and consulting can lead to Corporate Development roles, but the paths differ. IB typically provides more direct exposure to financial modeling and deal-making, which are highly relevant for CorpDev. Consulting, on the other hand, offers broader strategic exposure, which can also be valuable. Reflect on which skill set aligns more with your long-term goals.
Risk Assessment: If you recruit for consulting while holding your IB offer, there’s a risk of not securing a consulting role and potentially jeopardizing your IB position. Be strategic in your approach—only pursue consulting if you’re confident in your preparation and genuinely believe it’s the better fit for you.
Networking: Use your current position to network with professionals in both fields. Speak with individuals who have transitioned from IB to consulting or vice versa, as well as those in CorpDev roles, to gain insights into which path might suit you better.
Ultimately, it’s not unwise to explore consulting opportunities if you feel it aligns better with your personality and career aspirations. However, ensure you approach the process thoughtfully and maintain a backup plan to safeguard your career trajectory.
Sources: Consulting Recruiting 2023, Non-Target to MM IB: My Advice, Please Help! (MBB FT vs. IB SA vs. T2 Consulting), Non-target student with full-time offers to 2/3 MBB's. Ask me anything!, Q&A: Headhunter/Recruiter - M&A Investment Banking
hey sorta in the similar position - do you what the networking and recruiting timelines for consultings looks like for '26? thanks bro
I believe it starts like March - August. I know someone who had his final interview in his July sophomore summer.
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