Anyone have any insight on the banking (M&A advisory groups) groups at the Big4/other larger consulting firms? Have an offer and genuinely enjoy that work and think the WLB will be drastically better than typical IBD. Pay is obviously less but thinking more long term.

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Depends what u mean by m&a advisory. These naming conventions are all diff. Some can mean they do post merger integration, some CDD, some FDD.

Haha nobody would be referring to themselves as investment bankers. The most common I’ve seen that’s misleading is “Deal Advisory” or “M&A Due Diligence”

I don’t know about WLB at big4. As an ex pwc, I’d say my hours in the deals team were similar to banking (midnight everyday, majority of weekends), but pay was less. It all depends, what size of deal you get, is the team fully staffed or high turnover, is your manager/director going to make you miserable…

To echo what has been said, if you are in M&A advisory (as in IB) the hours are pretty much the same with lower pay. For other TAS teams it will be group and project dependent (DDs being worse and value creation being better).

I hear good things about Deloitte IB in Dallas

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