Big Pharma Corporate Finance -> Corporate Development

Hi! A little background -  currently working as an analyst for top 10 Big Pharma company [including internships been here for 3 years]. Not in FP&A but have had FP&A experience at this company (for a summer) working on an M&A deal. Lacking a lot of the deal exposure and experience desirable for a corp dev position.

  1. Should I transition into FP&A and try and network to break into corp dev at my company?

  2. Would getting an MBA help?

I am open to leaving my industry as well but feel as though I should leverage the experience I have in Pharma as a recent graduate. Any advice would be greatly appreciated.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (5)

Apr 22, 2021 - 11:14am

Are you able to transition to M&A function at your current firm?

With little to no M&A experience, it will be incredibly difficult to make that transition. 

Have you considered transition to IB after MBA?

  • 1
Apr 22, 2021 - 11:36am

I figured that transitioning into Biotech/Pharma IB after MBA would be the most apparent route to break into CorpDev for me.

Was just curious as to whether there was a more efficient track. Appreciate your response, would gladly accept any additional advice you have for me.

Apr 22, 2021 - 12:32pm

In the meantime, you can see if you can transition to a more finance-oriented role in your company (FPA if M&A is not as feasible at this stage). I would recommend researching more about IB in terms of networking and interviewing from WSO guides and Mergers & Inquisitions. 

Start Discussion

Total Avg Compensation

May 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (195) $233
  • 2nd Year Analyst (110) $151
  • Intern/Summer Associate (96) $145
  • 3rd+ Year Analyst (26) $145
  • 1st Year Analyst (404) $131
  • Intern/Summer Analyst (330) $82