Wanting to begin attempting the move from FDD into IB. Having no prior IB experience, would trying to come in as an analyst (experienced or first year?) or an associate be more feasible?
Background: 2.5 yrs in audit; 1 yr in FDD

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

Most likely coming in as an Analyst would be your only option without an MBA.

like

Widen your net to boutiques and you should have no problem entering as an analyst. Can then lateral where you want to go to from there. Longer you stay in your current role the more difficult it will be though so look ASAP

like

You’ll go in as an analyst

like

Note that analyst role and pre-MBA will make it easier to transition to PE if that is the end goal

like

Only ever seen it done to analyst (guy was a manager in FDD)

like

I’ve seen a guy do it to associate after 4 years of accounting + 4 years of M&A consulting

like

MBA’s a nice option if you don’t want to take a step back. And easy to pay off student loans with the IB comp

like

Job market is hot so execute ASAP. Make sure you network hard and practice modeling DCF and LBO. Then just find an analyst seat where you can. One step back is a step forward in this case for a title level

like

Try Wall Street oasis modeling packages / courses. A lot of testimonies there for those

like

What is FDD?

Is FDD Financial due diligence?

Related Posts

Open question to all GenX people who are having less than 3yoe and shifting constantly company,
1. why your not able to survive in a company less than a year and looking for higher packages which is not relevant to your experience.
2.just having latest tech stack is enough and not enough capable experience to handle the critical issues.
I would like to understand this things

like

What courses or certificates would you recommend for someone who wants to learn how software works from a top-down approach?

My main goal is to understand how everything is connected, and why something is needed where it is needed.

like

What’s the Google equivalent level of a Consulting Manager?

like

Hey people,
I'm currently working as an Active directory engineer. I have a total of 3 yoe in which 2 years, I was in the role of Application, network and hardware support. I would like to switch my career to devops. Can somebody suggest me what shall I learn now in order to achieve this role. Please suggest if it is not a right direction of career. :-)

like

Hey fishes, hope you all are doing good, i had an portfolio building idea for all the people looking to switch domains, my current job includes 30% of what a Business analyst does but in order to switch i need a portfolio, so i had an idea regarding. We maybe can later monetize this entire project as after my research i was unable to find anything related to this. Appreciate your feedback on this idea

Post Photo
like

COO’s & previous SR. account executives…

I made it to regional manager for a franchise by age 22. Ran a successful financial practice & sold by the age of 33. Took 2 years off and built a health & wellness coaching platform for my wife (medical provider). Then, the last 2.5 yrs, have been a top producer in Saas sales as a senior account executive. I’ve been told I would make a great COO someday and I’m ready to take the next step into leadership. Who/what should I be targeting next?

like

I’m a 40-year-old agent and it feels like it’s now or never for following my passion. Does a newbie to film at my age have any chance of breaking into the industry?

like

Hello All, In the next couple of months i am targeting companies like Apple , American express, Salesforce, Microsoft etc. Can anyone please share the required skill set and preparation strategy for these companies? YoE - 4 years Current skill set - Advanced SQL , Pyspark,Azure services, Hadoop ecosystem , shell scripting, Power BI

I am not very good at DSA.

Apple Microsoft Salesforce Amazon

like

I got rejected for an interview from Big 4 NY Audit, even had referrals from Manager + level people. 3 years w/ audit senior at mid size firm, 2 years fed tax at big 4, and 1.5 years Internal Audit healthcare. Currently self employed for a year to work on investing. Do I literally need a partner level referral to get back into Audit? I thought there was an accountant shortage.

like

🔑 This is an excellent conversation for Black people determined to succeed in non-diverse environments!

🎯 Join today
https://joinfishbowl.com/bowl_fcvfbpeipr

😎 Be sure to turn on Networking when you join if you’d like to connect with other Black people to give and get support, encouragement…and share career opportunities

Post Photo
likeupliftingsmarthelpful

I've worked as a maid for a long time but am tired of driving to everyone's homes, so I'm thinking of trying out a job as a housekeeper in a hotel. Is there anyone out there who has done both jobs and can tell me a bit about the differences? I would appreciate any advice at all.

like

Anyone have experience in raising capital out of the Middle East (Jordan, Kuwait, SA)? Any experience in delivering solutions in that area? I am trying to figure out if a pursuit in that area is to much of a risk. Any insight is appreciated.

like

I am not in law school yet. But I was wondering where I can find out about other opportunities besides the standard tax attorney route. I am almost a CPA and currently in audit.

like

Have others found it hard to transition from Audit to Financial Analyst? All the recruiters I’m meeting with are telling me I probably won’t get an interview since they’re looking for someone who’s ready to hit the ground running.
It’s discouraging because I’m a fast learner, and from talking to my friends who are Financial Analysts, it doesn’t seem like what we do is so dissimilar.

likesmart

When will I gain the skills necessary to be a senior? I’m coming up on my A2 year and I literally feel like a huge dunce. Can’t imagine taking on senior responsibilities. (audit btw)

likehelpful

How did you decide your speciality in Cybersecurity? Did you naturally gravitate towards one area?

like

Lender Due Diligence thoughts compared to FDD and potential career path?

like

For anyone who cracked the leetcode questions. I’ve been going at it for months but spend hours trying to get to a solution and hours trying to understand why the “answer key” works. Can someone please share how you learned these questions? Probably going to give up and switch careers soon.

What is the value add of doing a residency if you’re an MD vs. going straight into consulting with the end goal of pharma or buy side work and starting your business career earlier?

like

Really wish I never purchased 'Ultimate CPA Exam Guide' through Bryan Kesler. Waste of $708. I've been completely duped. Stick with official CPA materials and NINJA. "UCEG" Method is practice & review

like

More Posts

I’m an Accounting Junior. I just completed a big 4 internship and got a full time offer for when I graduate. I have another upcoming internship that I actually want to accept a full time for. I don’t want to be in a position where I decline the current offer and also don’t end up with an offer from my upcoming internship. Any advice?

like

I'm a baby UX designer and am curious how others landed their first gig? I'm in GA's 6 month program and we haven't developed portfolios, is it possible to get an entry level position with just work samples?

like
like
like

Why are there so few members here? What bowl has all the big pharma members that is not LS consulting?

like

Relocation - EY INDIA

Hi Guys,
I am from EY India (2 years ++)
What's the best way to approach my counselor for a relocation to another city so that the counselor/manager approves without any issue..
Obviously it won't happen overnight, I have to give my handover and that could take a month, I am fine with that.

Anything I should take care of before joining new location?
Please provide some tips..

Thanks in Advance!

like

Is Flex Jobs worth the money for people based in Switzerland?

like

What’s the deal with these start-ups not hiring people with actual insurance experience?

like
like

I’m doing second round interviews with Deloitte but also interviewing with three other companies. If I get an offer from Deloitte, how long can I put off making a decision in order to finish the interview process with the other companies? Is this generally frowned upon?

like

Are coverage group hours better than m&a at your bank? From a lifestyle standpoint

like

Has anyone worked directly with an Instagram type Content Creator to shoot and edit OLVs? I have a job coming up where the target market is teens and they want to connect in an authentic way. Plus as always they are saying no $$$. A friend did this happily in Europe. Would love any tips or suggestions from this group. Thanks!

like
like

What is the salary range at Oracle for product manager II level Oracle India Oracle

like
like

Have McK phone case coming up, has anyone had feedback on why you haven’t passed? Looking to avoid missteps.

like

Day 6 - 40 push ups challenge ✅ Enjoy your weekend 💪

likeuplifting

Starting apartment hunting in NYC soon. Any tips and recommendations for studios & 1 bedrooms in the city in terms of price range, ROI, neighborhood, down payment, best time to invest etc.

Additional Posts in Finance

Need a new suitcase. Should I go with a Tumi or Rimowa?

like

Parents... please control your children. Screaming kids are awful.

like

How much notice period does your firm require and has anyone quit without giving the full notice period?

like

Starting a role at 60k/yr, 3k signing bonus but have to work in Florida ie West Palm. Should I do it?

like

Truck driver who ran over pedestrians in Toronto turned out to be Armenian Christian. People are in disbelief. Nothing in the news, no mention of word terrorism either. Another mentally ill?

like

When you leave your firm, how does the PTO get paid out? Direct deposit? Check? What's the timeline?

like

I’m a Senior BSA/AML/Fraud Analyst at a regional bank, 100% remote, have bachelor’s degree in business, 6 YOE in my field, TC is about $60k, & I live in KY. I've been thinking about moving from working at banks to a fintech because I feel like that’s the only way to increase my TC. I feel like I've been severely underpaid for the type of work I do even with the education, experience, etc; however, cost of living is extremely low in KY. Any advice?

like

Considering the move from leveraged finance to private debt. Good or bad move?

like

When negotiating salary and being asked if you currently get a bonus, would you "lie" if it helps you to get paid more? Is this considered taboo and is there any way a potential employer could find out if you weren't truthful about your current salary/bonuses? Is it illegal if you were to accept an offer for that potential employer to question you about your previous companies pay structure?

like

What's your favorite industry to work a deal and why?

like

Has anyone done the GARP Financial Risk and Regulation course? Was it educational? Did you do the FRM after?

What date does your bonus hit your bank account? State firm and overall division.

like

Passed S79, S63 and SIE. Does anyone want the books? Located in NYC.

like

Which philanthropic causes do you care most about?

like

Xerox's bid for HP is effectively dead, at least for now.

like

Anyone here from JPM strategy willing to connect?

like

The biggest thing that messes me up is my memory. I keep forgetting that I am a Titan of Wall St.

likefunny

Ladies - few girls in finance date guys in finance, even though each one of you are dating material. Top 2 things wrong with guys in finance? Be nice...

like

Has anyone ever made a private investment into a startup? For background, I have an opportunity to invest and due to the tight timeline, not sure if I need to get compliance involved. It is in a newer industry that my fund does not invest in. Wonder if anyone has been in similar situations and what compliance could potentially do.

like

My boss’ boss wants to catch up on how things are going; I changed groups 6M ago for a more fast-paced environment but have only partially gotten the transaction/networking exp I wanted - any advice?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal