2nd Year RX Analyst - Exit Opps

Long-time lurker on the forum, any thoughts on my current situation would be appreciated.

Currently an A2 in rx at PJT / HL / EVR and contemplating my exit opportunities as I feel like the distressed space is not where I want to be in the long term.

Does anyone have insight into instances where an rx analyst moved back to a BB for a more traditional banking role? While rx is definitely a more technical role and some of the financial analysis is transferable to any banking group, would one be at a disadvantage given the processes in rx are very different? What would be the learning curve if I were to join a coverage / M&A group at a BB? 

Finally, how much do corporates / start-ups value rx experience over someone with coverage group experience in the relevant industry?

Any inputs would be immensely helpful. 

 

Bruh he’s worked there 2 years he knows.

As far as recruiting as an a2 corp dev gigs are always an option and you’ll definitely be a top candidate. PE is definitely possible.

From ppl I’ve spoken with who are 6+ years out of college at Corp dev, they said itsmore optimal to do 4 years (ideally 2 IB 2 pe) for Corp gigs as you can enter in some levels higher and it’s a fat pay jump from just a regular analyst associate role

I’m not sure being in RX will make u better for Corp dev but it will if u get a better PE rooe

 

Why not stay in RX at your current bank? Assuming it’s an EB, your all-in will be much higher than BB comp.

 

Not to highjack his thread but Analyst at a top LevFin shop (BofA/CS), looking to move to the M&A side (been there for 6 months and just getting bored of doing S&U PF Captables all day with some basic LBOs), I would rather focus on the operational aspects of M&A where you dig deeper into companies.

What are your thoughts on such a move? Speak to recruiters? Move after my bonus in June?

 

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