Thoughts on going to MM IB straight from FDD vs going to a top MBA school to try to get into a BB/EB IB?

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FDD->MM IB->BB IB

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I see a lot of Jr. Level folks (myself included) in this bowl asking about certain finance exit opps like MM IB and PE etc.

At some point is the comp that much better?

From Big4 Transparency: S1/MCOL/2YOE/FDD making $97k. Managers MCOL close to $150k.

very Selective jobs( MF PE and BB IBs) kinda blow these numbers out of the water... but for the more attainable exits like MM IB and and corporate development... considering wlb and pay, is the grass much greener?

Thoughts?

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Hello Fishes,
Let me know if you're looking for job opportunities in Morningstar.

Can refer you for the following roles:


Senior Research Associate - I
https://morningstar.wd5.myworkdayjobs.com/Ame
REQ-028117 I Dept: Sustainalytics I Posting Date: 28th June 2022

 Associate Team Lead / Team Lead / Senior Team Lead
https://morningstar.wd5.myworkdayjobs.com/Ameri

REQ-025489 I Dept: Sustainalytics I Posting Date 28th June 2022

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Additional Posts in Transaction Services, M&A, Deal Advisory

Anyone at A&M in the digital finance group care to share their experience before applying?
I am working in finance transformation at kpmg (formerly accounting advisory) and am very interested

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Any Big 4 folks out there willing to give me a S1 FDD referral for the Charlotte area? Have 2 years of audit/acc advisory experience and 10 months of FDD experience. Getting the senior promo in a a few months. Holla at me 🤙🏾

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Difference between strategic finance and fp&a? What type of background can go to strategic finance?

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I’ve officially made the switch from BIG4 tax to FDD. So stoked; beyond ready for a career pivot

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Best books for U.S. Corporate Tax similar to Logic of Subchapter K for partnerships? I’ve historically worked extensively with partnerships and starting to branch out into more “Core” corporate M&A Tax and looking for a helpful resource to get up to speed.

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Who wants out of FDD? If so, what’s your ideal exit in 2021?

1- grad school (mba/law)
2- IB
3- other finance role (e.g. FP&A)
4- other consulting line
5- turn your hobby into a side business
6- nah, FDD forevs

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Getting a referral from a partner not in a line of service that I'm applying for still has impact? Let's say I'm applying for a tax position but got a referral from an audit partner within the firm.

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M&A tax manager 1 salary in NYC ?

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Typical exit ops for M&A operational due diligence?

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I’m trying to get a rotation in FDD but my partner is worried about temporarily losing resources in our advisory practice. So, what are some things I could learn in FDD that I could bring back to the advisory practice that might convince the partner to let me go on rotation?

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Are there even any FDD type jobs in Pittsburgh? Been hard pressed trying to find.

Recommendations for websites or newsletters to subscribe to, to stay informed on anything finance related or deals related? Any podcasts too. Thank you

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For anyone who was able to make the move from FDD to IB, outside of Compensation, what have you enjoyed more about IB?

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I’m looking for a referral please. I have 3 years of audit and 1.5 years of FDD experience all at PwC

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How long were you a senior in FDD before things started to click? Really enjoying everything so far but feel like I am behind my peers. Been about 7 months now.

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What is the FDD PwC equivalent at the other big 4 called? Is it also FDD? Thinking of applying to all to compare offers.

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Leave B4 FDD (145k TC) for micro boutique IB (230k TC). Worth it? Pros cons? Have been doing FDD for 2 years.

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