Transition to MM/BB M&A IB

Hi. I'm new to WSO but have found my preliminary review of the site and forum to be extremely helpful thus far. I'm in a bit of a predicament in my career and at this point looking to make a change. Since graduating college in 2014, I've been working at a hybrid consulting/M&A advisory shop 2.5 hours outside of NYC. Over the last two years my experience has been BROAD but very helpful as the boutique nature of the firm gave me great exposure to the local C-Suite and hands on project management skills. My experience includes both buy- and sell-side engagements as well as focused strategic advisory projects. Typical client size ranges from early-stage start-ups to $250 mm mature businesses. Deal flow experience has been minimal (1 Corp. Dev. project, 1 buy-side, 1 sell-side). On the other hand, I've conducted many more strategic engagements with clients over the years (i.e. strategic planning).

My current firm casts a wide net working with companies at different stages across different product lines and industries. I'm looking for my next gig and would like to have more focus moving forward. I've found the banking side to be much more exciting and value adding than consulting and have decided to focus my networking and job search around that.

I would appreciate any advice/comparable real-world experience that can be shared with others in a similar position as myself.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”