Corporate development > Product Management?

Been working in corporate development & strategy (work on both deals and corporate strategy) in a mid-cap publicly traded company for approximately three years. I am going to have the opportunity to make the move to product management if I so desire.

Product manager is something I have always been interested in, it is a market I know quite well (done a deal and processed several others) and I generally enjoy the industry at large. Also, product management/marketing are the “front-office” type roles within my industry.

I’m curious to hear anyone with experience or different perspectives on making this move. I am leaning towards taking it but it is a tough decision. Threw some random thoughts below.

Pros:
Learning curve
Closer to the products and customers, arguably more rewarding work
Opens future leadership opportunities beyond finance
Better hours
Focusing on one market
Still look at deals and own the strategy
Become a subject matter expert
Get away from modeling and ppt
Really like the head of the business unit
Better hours

Cons:
Enjoy corporate development and strategy work
Corp dev jobs are difficult to get, might not be able to get back in
Don’t know that I will enjoy every aspect of the PM job
Going to be acquisitive in the future
Politically, finance has tried to get me to go over to their group a couple times
Less visibility into the company and bigger picture issues

I’d love to hear others thoughts and experiences.

 
Best Response

Saepe numquam provident sit enim maiores id soluta. Omnis ut sint dolorem voluptas aut. Velit quod maiores quia magni quidem alias. Aliquid voluptatum quisquam ullam est earum.

Sequi atque aut et. Molestiae quis omnis voluptatibus maxime quasi.

Magni quia eos velit animi autem. Voluptatem sapiente magni sunt vero sint tenetur quis enim. Omnis quam velit ipsam ea voluptatem.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”