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Perfectly feasible. Will probably be easiest to go to an industry where you have M&A experience, so eg if you’ve done lots of CPG deals I’d head to CPG firms first.
For interviews, you need to focus on fit with the corporate you are joining. M&A is intense; you need to show you can also fit with a potentially slower pace of work and alignment.
For a BD role - almost certainly. Particularly at junior levels big corporates are hiring for skill sets they don’t always have internally. At junior levels that often means modelling. This is particularly the case in BD where we’re trying to understand the business case before we spend a **** tonne of money on bankers. We also need to be able to interrogate the due diligence work, which means understanding financial modelling and testing assumptions.
FWIW I spent 2 years in consulting and then looked at industry jobs. They were all asking about modelling and I knew I wasn’t strong enough. I switched into a different consulting firm that was a better fit for me, and got promoted up to manager. I recently moved into industry, and at the level I am now they were much more interested in my ability to framework, present to senior stakeholders and manage workstreams. I was upfront about weaker modelling - not a problem; they’ve given me an analyst to do the complex stuff.
Net - if you want to do BD, suck up another year in consulting and focus on learning modelling. Sign up to own the model on 1-2 M&A projects. It will be painful but will make it much easier to move, and it will also mean that your start in industry is easier as you’ll have a very strong skill set.
If you would be cool with doing wider strategy work (like PMI or group strategy) then you could potentially move now. As long as you can work a pivot table and do some basic modelling / forecasting (so 2-3 scenarios and a few different assumptions) then you’d be fine.
What firm are you coming from
ACN Strat