I'm London based and I've spent 6 years in M&A advisory (CDD, carve-outs, ODD). Looking to make the move to IB (as an associate) as that's where my interest lies long term.

What are my chances? I'm a qualified accountant and I'm confident with the modelling tests.

Any tips much appreciated

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I made that move from strategy consulting to IB, I really miss my strategy consulting days. I’d advise you to network to truly understand how mentally and physically draining this occupation is, especially with you having 6YOE

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As a PE consultant trying to move to IB who’s been researching and pondering this move for 6 months now - it seems like the most impactful thing you can do is either

1) try to network your way in and ace the interviews and don’t let rejections hurt your enthusiasm and morale - they might happen at the first couple of banks you interview with; it’s not necessarily because you’re a poor candidate but because you’re competing with other bankers at associate level; to boost chances I’d try to get a foot in the door at banks whose deals you might have already worked on through DDs or where there are coverage groups where you have already developed some kind of market expertise, etc. Try to think which industries you mostly worked on and emphasize that in the application process. Be on top of news and M&A rumors. Find the personal synergies and make a list of banks where you think you’d be an interesting candidate.

2) go to a top school for an MBA and apply for summer internships at MBA level

The MBA route might help you get a position at a BB while the first route might be more successful at EBs and smaller banks.

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Chances are good! But I must warn you, I have colleagues that have made similar transitions. The review have been pretty mixed.

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I made this move. IB is as taxing as they say it is. It’s absolutely brutal.

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