Related Posts
What are your long term salary goals?
More Posts
Is this true?
Can I get some likes to unlock DMs? Thanks you
Additional Posts in Transaction Services, M&A, Deal Advisory
Tips on being a ‘top performer’ in FDD?
Pros and cons to CMAAS vs FDD?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Mentor
Depends - buyside keeps you a generalist and leaves more doors open. Carve outs are more technical accounting focused and specialized - can mean better comp in near term but fewer doors open later. Carve outs can also mean better WLB - engagements are generally more long term and predictable. But with the downside that you’re focused on a set of financials that are kind of meaningless and more an exercise in accounting for accountings sake - they’ll get baked into an audit for a public acquirer but they don’t tell you much about the actual asset being acquired
Thanks for the explanation, this is very helpful.
Comp is pretty much the same while at a firm. Exit ops are where things get different.
FDD has broader exit ops and can take someone outside of accounting-heavy roles whereas carve-out work is more specialized and will open doors to more technical accounting roles or potentially SEC reporting roles if you’re doing carve outs + IPOs.
Both have lucrative exits, but it seems like FDD has higher earning potential, especially if someone goes the IB route. Of course, IB comes with worse WLB.