KPMG Deal Advisory --> Investment Banking

Title says it all. How likely is it to lateral from KPMG Deal Advisory (FDD) to Investment Banking? What should I be doing to improve my chances for IB? What should I not do that will make me appear as an accounting guy as opposed to a finance guy?

I also come from a non-target background with a semi-decent GPA (3.6, which is Cum Laude at my school)

 

The DA guys I know are saying it´s like IB but with better hours and more egalitarian culture. IMO that means you have to somehow prove that you´re capable of handling the IB grind and cutthroat culture. Maybe you should ask for really advanced projects and try to lever that up.

 

Don´t know them personally, but have a lot of them on LinkedIn and most of them lateralled after one or two interships, so I guess they somehow proved their grit and spine.

 
Most Helpful

I made my way into IB from a small 100 person valuation firm so it's definitely possible to break into the industry, you just have to be ready to accept a lot of rejection. Your biggest hurdle won't interviewers questioning if you can handle the grind but whether or not you know the process and how quickly you can get up to speed with the day to day involved with I-banking. You have KPMG on your resume which should help open some doors for you but you'll be interviewing against people who have IB experience and are familiar with a deal process, do what you can to leverage your experience to illustrate you have some understanding of a deal process and your ability to learn quickly.

 

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