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I’d take the restructuring offer, reason being it’s one step closer to an IBD advisory role at a bank than working Big 4 CF. Good luck!
If you check out the LinkedIn profiles of investment bankers, very few come from big 4. Many go straight from school (undergrad/MBA) or lateral from a smaller boutique or restructuring firm. For whatever reason, banks don’t hire as many from big 4.
What kind of restructuring? There’s a dramatic split between the financial side (distressed m&a/financing) and the consulting side (management turnaround advisory). Only the first will have real opportunities to jump to traditional m&a, although the second has other solid exit options.
Oh really? That’s interesting actually. I would’ve thought CF pwc would put me closer.
May I ask why? Not that im doubting you, just want to understand
Thanks
It is more on the consulting side. To be honest, I am not fully familiar with this but I was approached. What would be the exit opps for the turnaround advisory?
More in line with other types of management consulting: corporate finance/strategy roles, switch to other consulting, or portfolio operation/performance improvement within PE (distinct from deal teams). A lot of people also spend full careers in restructuring consulting.