I thought corporate finance and IBD, like M&A, were the same thing. I know how stupid i shound but can someone explain or point me to where i can find out?
There is corporate finance which is M&A and then many medium-sized and large companies have internal corporate finance departments. Those internal departments focus on things like: general accounting, tax accounting, forecasting, planning, etc.
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If you land a summer placement in Big 4 corporate finance as an undergraduate student, is it easier to break into investment banking when you're doing full-time recruiting, or Finishing your CPA/CA with the Big 4?
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Wrong place to ask these questions, this board is focused on, for example, the corporate finance department at a Fortune 500 company.
Also, do a forum search. You'll find the answer to your question and peinvestor won't have to yell at you.
I thought corporate finance and IBD, like M&A, were the same thing. I know how stupid i shound but can someone explain or point me to where i can find out?
There is corporate finance which is M&A and then many medium-sized and large companies have internal corporate finance departments. Those internal departments focus on things like: general accounting, tax accounting, forecasting, planning, etc.
Depends, where are you targeting? Europe, US or other?
You don't care about salary in IB, you care about compensation (salary + bonus/incentives).
It depends on the boutique (there are "elite boutiques" like Moelis, Greenhill, etc.) and there are small boutiques (usually 20 employees and fewer).
BB IBD / Elite Boutiques
MM IB
Big 4/Small Boutique (depends on office, firm, etc.)
It will be the lowest bucket, but have the best hours (55-75/wk). So, there is that trade-off, among others.
agreed!
About Big 4, I thought Deloitte Corporate Finance is in the MM IB space isn't it, especially after they bought McColl?
All Big 4 are in the MM IB.
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