I wanted to ask some advice about Investment Banking career options in London.
I'm currently an audit trainee at a Big Four but want to move into IB/. The chances of jumping direct from audit to a or elite boutique ( , , ) are not that high (based on talking to people in the industry as well as recruiters) so I'm more focused on these two more feasible options:
1) Transferring internally to the corporate finance team
2) Trying to get into a non elite boutique IB the likes of Numis, Cenkos, Genuity, Peel Hunt, Liberum.
What I'm wondering is how these two options compare to one another? In terms of type of work, prestige, hours/culture, pay, etc. The Big Four do seem to get a fair bit of deal flow (they might not work on the deals that make the front page of the FT but they do seem to do a decent volume of mid market stuff based off of what I've seen in M&A league tables), the rest seem to be very much a mixed bag.