Recent college grad here, I joined one of the major RX consulting firms shortly after graduation. Have some questions about a long term career in restructuring and making the most of my experience in RX consulting; also happy to answer any questions from others about getting a foot in the door coming from a non-traditional background etc.
I'm currently in a mostly research driven role on a pathway to transition to something more traditional/client facing; outside of continuing to develop modeling chops and going above and beyond my current responsibilities how can I make it crystal clear I'm ready for more responsibility?
I understand the difference in the daily work between RX consulting and RX banking but assuming I do stay at an advisory firm for more than the typical 2-3 year stint, what are the pros and cons of either type of firm?
In terms of "exit opportunities" is accurate to say former RX bankers are more likely to be at distressed, activist, loan to own and special sits funds while RX consultants will more likely be CRO/CFO or PE ops?
Intellectually I love the space, I'm learning from extremely bright and dynamic people, the comp is good, the work is high impact. I'm pretty much putting my head down, preparing to learn and experience as much as I can over the next 2 years and see where that gets me. But I would definitely appreciate hearing from some guys or gals who have managed long term restructuring careers. The hours and travel (consulting side) are significant and sacrifices have to be made in terms of relationships, how have you managed that?
Other general advice from those who have restructuring or distressed experiences is always valued.