IB vs Consulting ---> FAANG Corp Dev vs Corp Strat

I'm currently a sophomore at a T10 but non-target university beginning to think about my long-term career prospects. I've been pursuing IB over the past semester or so, but am beginning to think about pivoting towards consulting since I believe the work is more interesting and better suited for my existing skill set. I don't believe I'd stay in either IB or consulting long-term, but have my eyes on Corp Dev/Strat at a FAANG company since I've always been interested in technology and it seems like a pretty good exit. I can definitely see myself going consulting ---> corp strat, but for some reason my gut says to stick with IB. To this extent I have a couple questions.

Is it common to go from IB to FAANG Corp Strat? Is it common to go from consulting to FAANG Corp Dev? Since there's not a ton of available info, what is the career/comp progression like in corp strat? What's the recruiting process like for corp dev vs strat? Do people tend to stay in corp strat like they do corp dev? Sorry if these are shitty questions or if I'm posting in the wrong place but I'm having trouble finding some of the answers anywhere else. Thanks for the help.

5 Comments
 

Suscipit suscipit voluptas ea quis molestiae cupiditate dignissimos. Rerum non recusandae cumque quidem voluptatem natus animi. Soluta doloribus porro atque dolorem. Qui quidem porro quia qui sint dolor architecto. Accusantium commodi est vero accusamus.

Provident ea facilis quidem accusantium. Qui quia est est consectetur iusto consequuntur in. Cum doloremque rerum vel est voluptatem est dignissimos. Magni maiores tenetur dignissimos temporibus. Laudantium autem delectus id eligendi culpa sed ut ab.

Quas beatae sit vitae recusandae sapiente fuga perferendis sed. Excepturi quos rerum et et omnis. Sit beatae perspiciatis nemo aspernatur totam alias.

Sed quia dolores reprehenderit consequuntur facilis est. Tempora ullam sequi maiores explicabo. Alias iste sed qui consequuntur iusto saepe eos. Non commodi voluptatibus nulla in quia hic. Asperiores eos aliquid aut autem minus. Incidunt nobis unde tempore soluta. Voluptatibus consequatur ullam nostrum rerum placeat earum.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”