Currently in B4 FDD a manager with 6 YOE, is switching to IB worth it? Pros and Cons other than the salary? I know the market is down right now but wanted to weigh if I would just invest my time and relationship with my current network or should I continue to set a side time to prep for IB job applications and interviews.

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I think switching to IB is generally worth it from a comp perspective, but definitely worth asking yourself why else you want IB. That switch is not going to be easy.

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I went to Associate in IB from Senior Associate in FDD. It is def more intense/ a bit of a learning curve but its more interesting work and comp is way better.

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yes I know. but i’m still thinking going in to IB in a year or so or when the market picks up. again, wanted to weigh pros and cons (let’s say if the market is strong and everyone is hiring)

Nope, but I have an old coworker who works with an ex-FDDer in Spotify Corp Dev. They both love it!

Assuming you want to switch to IB associates? Mind sharing FDD manager comp range?

185k for HCOL. Yes, wanted to switch as an associate.

I was a sr associate in FDD, switched to another company doing Rx for a year, and have been in IBD no problem the last 4 years. The actual work can be interesting, but for the most part it’s kinda dry If you were to compare it to other types of advisory jobs out there.

Debating the same question, I am able to get IB associate interviews lately, but still questioning if it’s worth it when as an big4 FDD manager im already managing 200-220k TC with great wlb compared to IB. For reference im 28,M. Is the extra 30hours a week really worth it. FDD is also like fully remote.

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