EQD Sales vs. CorpDev

Hey everyone,

I received entry-level FT offers for EQD Sales at a tier 2 bank (think HSBC/SocGen/BNP/Nomura) and a CorpDev role focused on LMM deals $100mm.

I've done internships in both, and I find the s&t/markets work and environment much more interesting than M&A – I enjoy the fast paced markets environment a lot better than the mundane tasks that comes with corporate finance work (building decks and aligning logos).

However, I'm mainly concerned about the exit ops – CorpDev seems like it gives me a much more versatile skillset that can make it easier to transition if I decide to do something else later on, while the s&t skillset is much more specific and it'll be hard to move into anything that's not markets related.

Also, I've recently read the other post about sales being a dead end path in 2020, and it doesn't seem like good time to start a career in s&t. My desk is focused more on exotics and structured products, will that help protect me against automation trends?

Any insight would be greatly appreciated!

1 Comments
 

Voluptatem dignissimos voluptates et et quis pariatur et. Dolor laboriosam consequuntur itaque est laboriosam id.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
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...”