Corporate Finance within financial services; exit opportunities/lateral potentials

I recently received a full-time offer for Corporate Finance Development Program within a major bank in US and I was wondering what are some potential exit opportunities for those who are doing Corporate Finance in financial services (banks etc).

Is it possible to do a lateral to IB or go into PE down the road? (Will I be able to build relevant, transferable skills within corporate finance and be an attractive candidate etc?) I will be coming from a top tier university.

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 (9)

Oct 14, 2018 - 9:16pm

Corporate finance is not typically considered to be a path to IB or PE. You will develop good analytical skills and do a lot of work in Excel, but since you aren't working on deals, it would be a tough sell to say you have transferable skills for IB/PE.

Oct 15, 2018 - 1:57pm

CFO, VP Finance, Director Finance, MBA to switch routes, management consulting (for financial management)..

CF is a business support function (with the exception of maybe treasury which is more involved in the markets and corpdev/strat which are more strategic) and as such doesn't really provide much in the way of "exit opps" beyond doing the same thing at a different organisation.

Only other way out is to network or get a different qualification.

Array
  • 1
Oct 15, 2018 - 3:05pm

I see, but will I be able to learn transferable skills for IB/PE by working in corporate development/strategies and Corporate Finance in general?

Array

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Oct 15, 2018 - 6:34pm

In nostrum porro ut quibusdam consectetur commodi commodi. Sit ducimus rerum et quia nobis vel et. Quis ut totam aspernatur officiis. Animi voluptate ab sunt ipsam tempora. Culpa itaque sint pariatur velit aut. Id voluptas officia perspiciatis cupiditate consequatur eum itaque.

Array

Start Discussion

Total Avg Compensation

September 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (38) $367
  • Associates (218) $232
  • 2nd Year Analyst (132) $153
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (102) $144
  • 1st Year Analyst (483) $135
  • Intern/Summer Analyst (375) $82