I am a M2 at B4 FDD and don’t know how long i’ll be genuinely interested in this work. Currently debating rotating into a B4 IB associate role for a year or two, then moving to PE. Is this a reasonable move? I know IB lifestyle will suck, but I don’t want to find myself in a spot where I dislike what I do in a few years and feel like moving to IB may increase my chances of landing a better gig in the future ( as opposed to sticking to FDD)

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

Don’t do it. You will earn enough to be happy, especially if you make partner - IB/PE will drain the life out of you.

like

You'll be a more valuable resource to Deloitte because you have the PE experience. This further proves that OP can always go back and should take the risk.

Do it. IB is the move.

More money. More opportunities. That's all that matters.

like

OP never pigeonhole yourself. Take the risk and explore new opportunities. Once you have IB or even PE experience it's only going to help you.

It's never a bad thing. You will be opening doors for yourself that many dream of just having. FDD will always be a fallback opportunity for you. Take the risk.

Don't go look back at life and say, "What if". Just do it.

Thanks EY1. Exactly what I feel at the moment, the thought of future regret

Other option is to go the corp dev route. I left FDD to go to a hybrid corp dev/corp strat function and never looked back. Still got financial modeling experience plus some softer strategy skills, learned an industry at more of an in-depth level, and have solid WLB. Probably not as ideal as IB if you know you want to go to PE though.

Related Posts

Got offer from BCG for ECT. Read numerous comments about ECT being not attractive compared to Generalist track. Also heard challenges about billability/utilization. Any views/ guidance appreciated!
I am not super keen to become a partner (selling) and main reason to join will be working with different clients, smart talented people and a good brand. End goal (at the moment atleast) is to stay for few years and return to the industry. 15 YOE

like

Has anyone moved from tax or audit into an outsourcing position? I enjoy the work, but I would like to get down to more manageable hours and have a more reasonable work/life balance. There is still some overtime, but not the 15+ weeks of grinding out work at 80 hours/week.

like

Optum is hiring. DM for referrals

Post Photo
like

Will LTI pay for remaining leaves on exit???

WT in Austin is hiring a Jr Copywriter. Apply on Glassdoor!

likehelpful

I want switch my domain from banking to Operations, Please help.
YOE- 30 Months
Current CTC- 4.8 lacs
Current Location -Delhi NCR
Open for referral .

like

Anyone can give me a Meta referral? I can provide my LinkedIn profile and resume.

like

Can someone explain to me what are the differences between CMAAS, FAAS advisory, and Financial Transformation Consulting? I’m an audit associate in one of the Big4s looking to transition into more of an advisory roles, so I want to do my research before applying

like
like

YoE: 5 years
Tech : SAP BW4/HANA
Question : looking to switch career towards data engineering role what are the skills that I need in sequence to bag data engineer role ? Also is ineuron.ai’s big data course is it good, any idea ?

Current skills : python , sql, SAP Bw , HANA, AWS certified

like

If you have been successful in your job search and resume a new role, do you leave job alerts on (assuming you previously set this)? Curious to know what others do.

like
like

How do you move up as a creative? Do you have to always jump agencies? How do you know when you’re ready?

like

Joining Deloitte’s FS - Ops Transformation team soon. To plan for my consulting exit after 1-3 years - what’s the best way to set myself up. Looking to exit to Product Management. Any other common exit roles?

like

Anyone gone through the shift of "live to work" to "work to live"? I want a respectable career but not at the expense of family/experiences. Trying to find a job with better balance; how do you do it?

like

Hi guys! I'm new to Canada. I have some professional experience as Data Scientist, a couple certifications, and ML/DL research experience. I'd love to hear from companies hiring profiles like mine.
Thanks!

like

Hello,
If you're interested in joining any BIG4 (EY, KPMG, Deloitte, PwC) and want a referral to boost your profile. Please mail your CV to ammar.azizi1 along with a link from the careers website for a referral.

like

Winning a big, demanding account and not hiring a single person for it? Wow. That’s encouraging. I’ll just do it all, I guess. 🧐

likeupliftinghelpful

Industry Advice: I am currently in a Commercial P&C CSR broker position working with manufacturing and staffing clients. I am working towards a promotion within my same team in the near future but an Account Manager position has opened up now in the construction space within our office. Should I voice my interest in the construction AM role even though I have a limited amount of construction experience or wait the six months for the AM position on my current team?

like

Can anyone give me any tips on how to stay motivated to be in this industry? I feel like I've hit a brick wall, and im not sure what to do! Should I move to client side? Try something completely new?

like

More Posts

Called PwC help in the middle of a Chainsmokers pool party in Vegas yesterday cause I couldn’t remember my iPhone passcode...I may have hit a new low

likefunny

How’s everyone doing? How’s company morale?

like

Anyone have pay/salaries for Instrumentation work? Not industrial but physical applications of strain gages, temperature, pressure, voltages, displacements, accelerations…

like

Chase Reserve card still worth it without business travel?

like
like

Just heard that property prices are soaring in Florida, the news reported that mortgage rates are doubling. Meanwhile I’m over here in semi-rural Iowa, wondering if I will ever make a sale again…

like

I heard someone said “dragon lady” at lunch, can I record it without their consent and report to HR?

funny

Hi fishes, I m a frontend developer having experience of almost 4 years (Reactjs) .

I want to know from senior developers about the journey of a frontend developer. Like how long should I stick to the same technology? Should I switch to different frontend framework like Angular ? Or should pursue course on different field like Devops?

Thanks in advance

like

What's the best way to manage family life and raising children while being a veterinarian?

like

Anyone works/worked at DigitalBridge ( formerly known as colony capital)?

like

Hi guys
Please help me to choose the best company to join in terms of job security and work life balance.

1. TCS - 16L( with varaible) -- senior consultant role
2. HCL -- 19.6( with 18L fixed) --- Test lead role
3. Wipro-- 19.6( fixed) -- Senior QA role

Total exp -- 8.9 years
Skill-- Testing

Anyone here who left Citiustech within 2 years?
You didn't need to pay 1st year's retention bonus back, right?

like

Freaking time sheets!!! 😡

like

Anyone who has accepted a counteroffer from their current firm care to share their experiences?

like

Is there a referral process for roles at Apple?

like

Hi,

Yet to join
Accenture India.

I can see 18k wfh office setup reimbursement in my Accenture offer letter. Once purchased and claimed, Do we have to return the items purchased while leaving Accenture in future. I am new to this. Please share me your experienced thoughts.

Thank you in advance.

Accenture Accenture India

like

When I’ve my desk in standing desk mode, and I’m sitting on my chair and looking up at my screens, I feel like I’m looking up at god.

funnylike

Looking for a recommendation for books, courses, or podcasts that will help me learn the Data Center. First, I’d like to understand the foundations of a data center (how storage, servers, networking, Vmware works). Then learn about vendors, manufactures their products and etc. TY

like

How do you respond when straight white men and women attorneys make comments about how you do too much "non-billable" DEI work?

For Nov 2022 I am on track to bill 170 hours after today, with an additional 100 non-billable, which includes a bunch of various DEI commitments. I am busy but I don't feel like it's too much, esp when the DEI work makes the rest feel fulfilling. I always say yes when law students reach out, even if we have to schedule a month+ in advance. I show up to other affinity

likeuplifting

Additional Posts in Private Equity and the Buy Side

Hello, I need help developing a basic revenue forecast model and answering some valuation questions for an SaaS company. I believe this would take a couple of minutes to build. If you are proficient with developing financial models for SaaS ( multiple revenue models) and willing to assist, pls send me a DM

like

PE associates, how often do you get to go out for dinner/go out to bars etc. with your friends? I assume most weekends during non-deal time you can, right?

like

What HH does Apax use for their London office?

like

Best resources to become stronger in data analytics?

like

So many VC funds out there how can you tell if they’re a good fund to join if they’re not a big name (a16z, Sequoia, etc)?

like

Does Ares really hire consultants for deal team?

like

Currently at MBB. Interested in moving to PE. I have a call coming up with an MD at a UMM/MF — we have a weak connection. How would you approach this call to help my chances for the specific firm? What are some questions to ask?

Maybe best to save the call for later when I know more about the firm?

like

Desperate to leave my bank but sort of a non traditional candidate in a levfin role. I want to work in growth equity ideally but competition is tough and not getting much traction with the top head hunters for those roles. Would it make sense for me to work at a growth equity backed startup in a strategic finance role?

like

How much better is IB than MBB for PE recruiting?

like

The PE culture is sick. The 20 something VP was rude to our partner because our team took thanksgiving and the day before off and it was in the engagement letter that we were gonna be off. He kept emphasizing that his team did our job while we were on a break. Dude we are not sick like you and we have lives. I see something about how s**t the PE culture is in every deal we support.

Like these sickos make fun of us for working 80+ hours weeks for them and taking thanksgiving off.

likefunny

For fundamental research/investing roles in equities, fixed income (full spectrum of IG, HY, loans/CLO), or alternatives (infrastructure, energy/renewable power, real estate etc) — what is good total comp for 3 YOE, no MBA, HCOL area?

like

Do PE firms hire analysts directly out of UG?

like

Weighing up a top buy-side offer, but worried about perception on my overall tenure within roles.

May only be in this new ASC role for ~1y (personal circumstances). This would make 3 roles in ~3.5 years ( T2 consulting -> MBB -> buyside) out of undergrad. Long-term want to be entrepreneurial / do early-stage investing (Partner-track at a fund), have clear rationale for previous and future moves.

Is this an issue or am I overthinking? Thoughts?

like

Just got an offer at a middle market firm in the Bay Area, ~235k all in — is this something I should negotiate? Do PE firms expect some negotiation or no?

like

Favorite time saving hacks with work?

like

What are the top ~5 best paid/internally respected MF ops teams?

like

I have done a decent amount of tech deals… so when I joined my new firm - I was put in charge of TMT origination/diligence. The partners are now sending me a bunch of telecom deals and my lack of experience there has me worried. Does anyone have any books to recommend or good primers on Telecom?

likefunny