Corporate Development - Views on Corp Dev for a F20 company

Hi - anyone have any views on Corp Dev for a F20 company vs investment banking - are the pay scales really diff? what about career prospects after a couple years and good transactional experience can one make a jump to a BB?

Thanks in advance.

Comments (20)

 
Jul 26, 2006 - 5:40pm

have a friend who joined corp development after 2 years in industry (not banking)

pay scales at the junior levels are pretty different from banking. while salary levels might be pretty much even, the year-end bonus i'd estimate to be anywhere between 5-25% of your salary... whereas in banking, it's gonna be 75-125% of your salary during a good year like this.

seriously, corp dev is a good job if you love finance, love having a life, and can withstand a substantial haircut in pay. corp dev is also a common exit opp for consultants, as well as a few bankers... after 2 years of making that much $$, i'd think most bankers have too big of an ego to take the cut in pay

 
Aug 2, 2006 - 6:22pm

Coming across from Industry, you could find that you are older than your peers. By the time you've been up the relevant experience outside of IB (even something as simple as getting face time in front of your own CEO/CFO) you've normally been in the job for a while. I don't know any other industry where you can have contacts/ deal experience/ confidence so soon after leaving school.

 
Aug 3, 2006 - 1:45pm

Hey Wannbblue, you say you have 5+ years of Industry Experience after MBA; could you please give me what the salary and payscale progression looks like for industry for an MBA grad? Thanks so much and sorry i can't help :P :P

 
Aug 3, 2006 - 1:52pm

Far easier to go from banking to Corp Dev - you can leave as an Associate or junior VP and go in at a high level - at which point you will take a minor paycut (10% or so), but you can make almost as much due to transaction bonuses etc.

 
Nov 11, 2006 - 3:39pm

What does a person at VP level (MBA + 5 years experience) at a company agressive on M&A front say (Google, IBM, Microsoft etc.) make?

Also would they consider people without deal making experience? what would they look for?

Final questions - what are prospects after a few years in a Corp Dev role at one of the larger Fortune 20 firms? PE an option down the road?

Start Discussion

Popular Content See all

First year analyst, still feel incompetent and like I haven’t learned anything
+34IBby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A
Janet Yellen - Unrealized Capital Gains Tax. WTF
+25OFFby 1st Year Analyst in Investment Banking - Generalist">Analyst 1 in IB - Gen
VP Lying
+19IBby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Q&A: Associate at MM Private Equity fund
+18PEby 1st Year Associate in Private Equity - LBOs">Associate 1 in PE - LBOs

Total Avg Compensation

January 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (31) $349
  • Associates (141) $232
  • 2nd Year Analyst (88) $152
  • 3rd+ Year Analyst (19) $150
  • Intern/Summer Associate (90) $144
  • 1st Year Analyst (349) $132
  • Intern/Summer Analyst (299) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.7
6
frgna's picture
frgna
97.6
7
Addinator's picture
Addinator
97.5
8
Edifice's picture
Edifice
97.5
9
NuckFuts's picture
NuckFuts
97.5
10
bolo up's picture
bolo up
97.5