Currently at a corp dev role for a Fortune 200 company and am starting to look at new roles. I do not have ibanking experience but this is my second job involving M&A. Do I have a good shot at moving to a f100 corp dev team? Or should I go and try ibanking first?

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I imagine it’s easier to go corp dev to corp dev than it is to lateral into IB. It also likely makes the most sense if your goal is to ultimately stay in corp dev.

Solid IB experience would absolutely improve your resume, but it seems like you’re assuming getting into IB is easy vs. corp dev at a F100.

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Definitely don’t expect it would be easy to get into ib but I think the background I have would help a little.

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I also work in corp dev. I’ve actually gotten a lot of outreach regarding IB roles in my area for regional boutiques. I would not consider my location to be a finance hub.

I think the transition to IB, depending on the type of bank you’d like to join, will be harder than you think. I’m also not sure where you’re located. If you’re in nyc it’ll be easier than other locations.

In my opinion, you’re already in corp dev at a huge firm. Im not sure what your role consists of, but i don’t think it would be too difficult to transition into a similar role at a company that may be a little larger than where you are currently. The only issue I could see in changing firms is that if the work at your current firm is totally different from the new firm - for example, if you current firm doesn’t really work on acquisitions and it’s more strategy focused work, but the new company would focus 100% on deals, the transition could be tougher.

Not sure if this is helpful. Happy to talk through anything else if you’d like. Feel free to PM me

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Rather than focus on the size of your employer, I’d focus on how acquisitive they are. You don’t want to be at a big company that rarely pulls the trigger.

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