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You'll gain very different experiences. A&M (or any of their competitors) will teach you to model cash flows (short-term 13 weeks and longer-term projections), understand and build business plans, evaluate and diligence businesses, and ultimately understand how the company works inside and out. This would be helpful experience for a potential PE investor, especially one focused on fixing distressed operations.

MB (or any similar rx banking group) will teach you how to value distressed companies, construct new and sustainable capital structures, and structure the new securities in those new capital structures to maximize the going concern value of the business post-reorg. This would be helpful experience for a public market investor who will ultimately be concerned with recapitalizing a company with securities that will be liquid and trade well on the other end of a restructuring.

There will be some overlap in experience at each group, but I think the answer to your question ultimately depends on which you'd rather do.

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