Corporate Finance within financial services; exit opportunities/lateral potentials

SirGrayWalrus's picture
Rank: Gorilla | 541

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.

Comments (9)

Oct 14, 2018

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

Where can I go later down in CF?

Oct 15, 2018

Bump

What are some typical CF path tracks then?

Oct 15, 2018

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.

Oct 15, 2018

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?

Oct 15, 2018

Corp Dev is one of the exit avenues for IB folks. If your rotation includes a stint in Corp Dev it is would be transferable, but likely you would need to go get your MBA before going into IB.

Corp Finance in general (FPnA and the like) generally does not transfer skills to IB or PE.

Oct 15, 2018

Can I PM you?

Oct 16, 2018

Sure

Oct 15, 2018
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