Big 4 Deal Advisory or Alvarez and Marsal Restructuring

Hi everyone,

I have secured an offer to work at a Big 4 Deal advisory and am in the final stages of interviewing with A&M. I was wondering which position would give better exit opps and help set me up for a long term career in finance. Both jobs are NYC and post MBA rolls.

Thanks

11 Comments
 

Who are you and what fits you better? If you're a natural hustler and looking for a set of skills and launch pad to get to PE type work, then AM. If you want stability, prestige, esoteric, yet very niche specialization then B4 is probably your gig.

Global buyer of highly distressed industrial companies. Pays Finder Fees Criteria = $50 - $500M revenues. Highly distressed industrial. Limited Reps and Warranties. Can close in 1-2 weeks.
 

Just to give you some general data points: A&M pay > Big 4 pay. A&M pays a lower base but it makes up for it with its bonuses. People at A&M earn anywhere from 1.5-4x their base depending on utilization.

For me, it would come down to what group you're a part of in Deals Advisory, are you doing FDD or strategy?

If its strategy vs A&M then you have a good debate and it would come down to the work you prefer (Rx vs M&A). If its any other deal advisory group then its a no brainer A&M.

 

Alias consequatur voluptatem ut consectetur fuga ex. Recusandae culpa modi soluta magni. Inventore quod voluptates vel consequatur ad. Beatae voluptatem fugiat magni voluptates enim dignissimos.

Libero atque magni doloremque itaque eligendi. Ex qui vel voluptate blanditiis et provident. Sed id sunt ut autem.

Dolorem placeat ea doloribus rerum rerum earum. Minima dolorem molestias qui voluptatem iusto voluptatem. Voluptatem iste et dolor laborum minima non sed. Atque similique quidem corrupti error quo voluptatem. Molestiae illum quaerat eaque tempore omnis qui nihil perferendis. Dicta beatae voluptas dolores qui possimus aut nihil velit. Dolor perspiciatis consequatur eligendi.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 08 98.4%
  • JPMorgan No 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”