Is Corporate Development Underrated?
As I've been researching the IB industry, I've noticed that corporate development is mentioned less frequently compared to PE and's. While the allure of the buy side is immense, I think corp dev. sounds like a great gig. Based on what I've read, the hours aren't too bad, decent pay, work for large+stable companies, don't have to focus on sales like an IB VP or MD, and the list goes on. I understand there is a paycut from the buyside, but there is an article on here that mentions VP's can make ~500k. Not too bad for some who probably has good work/life balance. In addition, it sounds like its easier to keep working for a company (no 2 years and out like pe). So, would you agree that Corp Dev is a more stable, safer job than IB, PE, or HF's? Feel free to correct me if any of my points are wrong.
P.S. - I still thinkis great, but I feel like corp. dev might be much better for a certain type of person.