FDD/Deal Advisory vs. Finance Transformation / Finance Effectiveness

Both from a comp and exit opportunity perspective. I heard the big 4 have merged the pay bands that FDD and MC are similar in comp now - wanting to confirm.

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I’ve never seen finance transformation referred to as MC

At EY it falls under consulting - transformation. That’s it. The Strategy & Transactions team is a different group and focuses on M&A.

Comp for both was always pretty similar, but their both totally different jobs.

Transformation, your going to a company and improving their systems/processes/implementation.

FDD your working with PE firms and corp dev teams building out analysis and databooks as well as pumping out reports.

Transformation your probably looking at project management roles/more process related finance roles. Whereas FDD gets your foot in the door with corp dev/Investment banking/PE if your super lucky or a really small fund and your traditional FP&A.

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