Why would anyone do Commercial due diligence over I-banking?
Seems like the hours are just as bad but pay is roughly half. Exit opps seem to be similar in both roles with IBD better for PE/HF exits.

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CDDs usually cover a lot of ground mentally. Hours are long because you solve hard problems quickly.

IBanking is more focused - you’re working financial elements and pitch books. Some banks have a tradition of treating junior employees badly.

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Because as a consultant doing DD you can always do something else. You get the experience for a couple of months and that’s it.

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