M&A vs. E&F
4yrs of generalist consulting, deciding between M&A position for PE-backed firm vs. investment position for endowment. No finance background or MBA. Pros vs. Cons?
Trending Content
| +144 | The "Not So Obvious" things that get you a return offer? | 17 | 6h | |
| +68 | Is my life over after not getting GS? | 18 | 1h | |
| +55 | Best IB group on the Street | 22 | 1h | |
| +52 | BIG FOUR ARE PARADISE | 13 | 5h | |
| +45 | Thoughts and tips on how to speak like an investment banker. | 23 | 17m | |
| +40 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 20 | 14h | |
| +38 | Pros and Cons of the BB coverage groups | 16 | 6d | |
| +36 | UBS Outlook | 28 | 15h | |
| +35 | Georgetown Placement for 2024 and 2025 | 21 | 6d | |
| +31 | Highest Paid Bankers in Toronto? | 50 | 23h |
Career Resources
Are they in the same city? Do you/family/partner have a geographic preference?
Kinds of work will be different. One will be buying (and maybe selling) add-ons and probably have some pressure at the least from management/the PE types. I can't tell what comp is but I would guess that it won't be that good since it's corporate AND PE run and they will want to keep costs low. In other words, transaction focused. Can't comment on hours either.
E&F. Stable, permanent capital. Often sleepy. 40 hours a week and probably the best sharpe ratio job in finance if you can find it. Can be boring. More fund investing based, probably more travel. Everyone kisses up to you because they want your money. Great to network in, though exit opps if you want to go into direct investing is hard at best and will depend probably more your senior types pushing a firm they are already invested in to do so (Princeton does this). Otherwise, cushy.
Both probably position you just fine for an MBA.
Good luck
Having worked at an E&F, this hits the nail on the head. The best pay/hours ratio in finance but can get repetitive. Lots of traveling cross-country/internationally which is not as glamorous as you'd think. Much less fun when you're constantly changing time zones and are on the ground for less than 24 hours. One upside of the E&F is networking with those on your investment committee/board - usually some big hitters if it's an Ivy or prestigous non-profit.
Thanks for that! Geography is the same. M&A comp is higher, but 70hrs./wk. I am hoping to avoid getting an MBA if possible, but open to it. Struggling with what my exit options would be after M&A...any thoughts there?
Quod deleniti aut minus sunt nihil numquam velit. Magnam vel dolore nihil ut fugit corrupti aliquid. Ipsa animi animi omnis quaerat et eligendi enim architecto. Amet at quis quia dolores. Enim quisquam sint non qui et.
Expedita exercitationem ab deleniti cupiditate ex. Distinctio fuga quidem voluptates non maxime. Omnis et cumque et voluptate ut.
Adipisci quo non ratione quis quae ducimus. Velit velit at ratione aut voluptas. Fuga autem sed omnis. Quam ipsum eum et suscipit totam voluptatem esse. Placeat corporis aliquam aspernatur cupiditate vel enim sunt nam.
Iste error eum omnis velit quas dolorem sit. Qui qui est odio qui in. Ipsam consequatur et vitae dolorum doloribus quaerat aperiam magnam. Aliquam ipsum porro voluptatem sit voluptas dolor at. Praesentium aut nulla dolorem rem eius amet.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...