MSRED - > Distressed Shops

Hey y'all

I was accepted to a top MSRED program (MIT/Columbia/Cornell). I have a few years of work experience at a boutique development shop doing some pretty unusual/interesting developments in the US and Japan. I recently read Moyer after a friend recommended it and I'm extremely interested in looking at a career in distressed Debt. I have some awesome experience in development, but lack deep financial skills. The MSRED program gives me access to B school at the university and a number of really solid electives relevant to distressed debt plus that rigorous financial and valuation knowledge of RE which I need, and of course a strong network. So, is it possible for me to use the MSRED to move to a distressed shop in a major city? I'm specifically interested in distressed RE, and NPL on Real Assets, but I think my skills would also be useful for any distressed business with significant RE assets.

Let's say that it is not worth it, what's my best move for getting into distressed? Work my network and look for an opening? Or is there a better way to establish my interest and improve my skills first?

3 Comments
 

Bump + SB for the book mention. Just ordered it.. always on the lookout for interesting reads

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Velit ipsum minus vitae odio. Magnam ea iusto deleniti sit. Placeat occaecati sunt commodi facilis voluptatem sed. Eius eos est consequatur consequatur dolor.

Quam tenetur cumque corrupti est qui nobis ullam provident. Et eaque nihil et architecto inventore vitae voluptatem. Impedit vitae omnis magni. Voluptatum quidem cumque perferendis qui commodi a sunt quas.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”