Coming up on 2 years in CMAAS, is it possible to go into Venture Capital or Business Development in any capacity?

Posting as :
works at
You are currently posting as works at

Odds are close to 0%

like

Never seen either of those exits before senior and it’s tough without an mba or ib experience.

I’ve seen people do it at the senior level but it’s been a result of strong networking and some upskilling outside of work on modeling & financial instruments

Maybe as a financial analyst at a VC?

You can def go into corporate development if you count that.

Venture capital not a shot without ridiculous connections. Business Dev like corp dev? Maybe the last couple years but having been an AAS guy before I don’t see the work as all that applicable.

Well I agree on the FDD point being closer to audit than IB. But the reason the switch to IB is pretty common is because
1. You know some of the deal process and have formatting down for presentations/can handle long hours under pressure
2. Have to have good excel skills it’s just less trial balance manipulation and more modeling in IB

VC is all about being able to find early stage companies and see a future for them and then guide them to it. My friends in large funds come from consulting backgrounds (MBB) not finance. Because the skills of a strategy consultant are much more relevant to guiding a company long term (3+ years) until you can realize the value out of them. Finance people are great for PE and slashing overhead to improve returns on a bought company but that’s much different than taking an idea that still needs some nurturing and bringing to market.

like

Would say VC has always been about networking

It’s possible to get into Business Development

Yes DM me. I know of one person who did.

Related Posts

Hi Folks,

I am trying to gain more knowledge on the devops. Can some please help me how can approach toward achieving this and tools those should help me to do so. I am java developer with 11+ years experience. I have knowledge on all the tools but it's in beats and pieces.

like

Thinking of moving to LA in a few months to pursue my dream career to be a talent agent or to work in the business side of music. I have no connections and no previous experience in these fields. For context I’m in my 30s, single w/no kids, and have a good amount of money saved up for the move. I’m currently feeling unfulfilled with my current job, and would regret it if I didn’t try this out. Has anyone else found success in this city later on in life? If so, any tips are super appreciated. TY

like

What made you realize that science was the right path for you?

like

When did you know you were ready for a senior leadership or an executive role?

like

Out of EY GDS or KPMG - which one is better for position of senior consultant - strategy consulting.

like

So I’ve been studying for the AWS cloud practitioner certification for a month now and completed all cloud quest levels but still not feeling 100% confident. Has anyone tried the exam question dumps ? There are so many websites but not sure which one is the most reliable one as all of them you would have to purchase such as pass-guaranteed, certwizard, etc.. any recommendations is greatly appreciated

like

I am considering CTO programme with University of California, Berkeley. The course is about $26k, 18months, 2 in person sessions etc. there is a similar course at Wharton too. Have people done some research, anyone who actually went through this course. I would like to know what career level you chose to join this course, how did it help with career progression.

like

Any other Fellow Vet out there getting tired of consulting? Been doing it for 3 years, got promoted to manager, and realized I've not really learned any tangible skill

likesmart

Hi,

I got Lead engineer offer from Hcl. Could anyone tell me about the hierarchy in Hcl? Is Lead engineer a team lead?

like

Hello everyone.
Can anyone suggest me supply chain management certification and it is future proc and cons..

I have joined Nagarro 3 months before for mobile application development. For initial one months they could not find any project in my skillset. Then they forced me to take a project in technology which does not match my skills set nor it has any demand in market. And after coming to this project they are making me work in web development. Now, there is one opportunity in my friend's project for my skillset and I want to join that, please let me know how shall approach for project change?

like

Hi all
I want to learn the ABAP Programming language under the SAP ERP
Where can I find a resource that is easy for understanding

Your help is appreciated

like

Hi, i recently got an offer from Atos for 10lpa (9.5) being fixed, can anyone help me to understand the take home and also how Atos is as an employer & growth opportunities.

Thanks in advance!

Off topic but does anyone have experience in starting something of their own in the US while on a H1 visa? Would love to get some insight into the experience/path taken.

like

PHR or SHRM-CP?

like

Did BA English, currently working as a senior Associate in Cognizant - holds one year of experience now and pursing MBA International Business
Anyone share your carrier suggestions as comment below ! Like - How much a MBA international business can add value to my resume and my career and what paths it can create for me in this corporate world ?

like

Hi fishes, let me know if I switch from matchmovepay to PayPal will it be good step to switch within 1 Yr 2 months? as I got an offer from PayPal with a package 2x than my current, domain Business ops

like

Hi, I have been offered 26 Fixed at MC. (Level 8 - Consultant D&S - mostly Analytics) Mastercard is the growth like in the firm? What on an average can I expect 3-4 years down the line! Also, if anyone can comment on learning opportunities/tech stack, that would be helpful. Thank you

like

What level tends to be the best time to leave M&A for industry. I am not burned out yet, but I am tired of the grind and the toll it has on my personal life (i.e,. one free day a week - maybe)

like

Best study guide for CFP?

like

More Posts

What would be your dream job in the Climate/Sustainability field?

likeuplifting

How much ESOP does Tekion corp provide?

like

Is turnover right now really historically bad?

likefunny

I officially told my department’s lead EA that I was quitting and she was so rude. She told me I was immature and questioned my abilities, asking me how I thought I would succeed at my new company if I couldn’t succeed at the current one. Like ma’am, excuse me?

She also kept telling me I was the problem then turned around and asked me what they could’ve done better with EA onboarding. I told her that they did everything perfectly and I was, of course, the problem.

I feel validated.

like

Anyone at Walgreens or CVS Health willing to provide a referral?

like

Pros and cons of disclosing your new firm when you give notice? Should I tell them when they inevitably ask? Love my current firm (am law 100) but going to a top 10.

like

Synechron technologies Synechron Inc. Did synechron call to office ?

Dear Fish,I have valid I797 H1B petition with employer B, recently I have joined with EY india technology consulting..Is it possible to transfer H1B petition with EY india to move USA..EY will do H1B transfer?

like

Hi Hyd Consulting fishes,

I have 4 years of experience with ZS Pune and have worked with multiple big pharma companies across US, Japan and UK majorly for sales force effectiveness (Alignments, placements, call plan designs and also some tech implementations for these modules)

I want to come back to my hometown Hyderabad, could you recommend some companies who would need my skillet.

like

Is ibm to safe to join now for 16lpa, 6 yr of exp. As java developer.

UST I'm looking for referral.Can any one please help from UST

Job Identification 29213818

 

Job Category Software Engineering

 

Posting Date 07/10/2022, 09:29 am

 

Apply Before 30/11/2022, 09:29 am

 

Job Schedule Full time

like

Can you be employed in H1-B in a part time capacity?

like

Hey folks!! Anyone here has any idea of how much is an Experienced Audit Associate offered in the DC area?

like
like

Hello Sharks,
I want to do SAFe Certification of Scrum master and POPM, But these are very costly of around 1200 Dollars each, How could I make it sponsered by TCS

Post Photo
like
like

Hey ,

What would you prefer to have for conf calls: pair of good headphones or a certified speakerphone?

Help with Over 40 Skin care routine… trying to clear up blackheads it’s so stressful nothing has worked any tips tricks ideas? I drink 60ounces water daily. Fast 16/8

like

Additional Posts in Transaction Services, M&A, Deal Advisory

RSM making big move into western Canada market looks like.

like

Any insight on KPMG's Deal Advisory & Strategy Core Rotation internship and how the rotation would work over 8-10 weeks

like

How do you brush up on specific accounting topics that you come across during a deal?

like

Is EY FDD in NYC hiring seniors this fall?

Can any M&A tax partners on here speak of their experiences with WLB? I heard it is horrible at the P level

like

Is Wall Street prep worth it to help break into IB?

like

Anyone work in banking willing to PM me and give me a little overview of your job? Having career pivot thoughts and COVID is making networking a bit more challenging. TIA!!

like

I am currently an audit A2 that will be promoted this June to an S1 looking to move to financial due diligence in the San Francisco / San Jose area. I have worked primarily in financial services while also having IPO and SPAC experience. Is anyone within FDD willing to chat so I can learn more about their experience to make this process a bit easier?

like

How long until you stop dreading leading management meetings? It’s been a few months of consistently doing it, and I’m always nervous leading up to it.

like

What’s a typical annual raise in FDD or valuation?

like

What exactly deal valuation does at PwC? Will you be assigned to smaller subgroups when joining this group?

like

How is EY’s TD practice in Chicago?

like

PWC regular FDD or EY FSO Transaction diligence? Doesn’t EY have the better network for exit opps?

likefunny

Currently in m&a tax with just CPA. I've wanted a JD, but should I go for it even though I already got the job? Assuming the firm won't cover any tuition either.

like

Good to get on internal projects, considering FDD might really slow soon?

like

I’m a senior working in audit for 6 years now. Recently I felt stuck in audit where progression is slow and salary is lower compared to other service lines. I am considering to go to advisory, but not sure which strand of advisory service. Any recommendations? (Thinking of CCaSS). My main consideration is compensation (including bonus) and exit options. I can’t see myself in public practice forever!

like