Corp dev tiers/difference in tiers
Hi all,
I have been researching corp dev recently and I am interested in the benefits of the WLB. One thing that I am having a hard time figuring out is how companies are viewed in terms of best companies to work corp dev for? In terms of benefits (HI,WFH,Loc), pay (base,bonus,stock) and overall happiness. I assume some businesses will be more sweatshops and possible pay higher vs others that are more relaxed and pay less. Overall I am just trying to understand the landscape as to which ones are which. Any info helps! Thanks.
Why not first pick a company/industry that genuinely interests you rather than prioritizing prestige then go from there
I’m more thinking along the lines of if there is certain pros and cons to maybe like certain sectors or types of business. I’m a bit older so whatever I end up in I want to be sure that I can do both the job and raise a family. For me it has to be more viable for that then it is to interest me.
I see, well tech obviously has prestige and pays well, especially helps if you know how to code
Some other ways to think about it are:
Growth/Acquisitive vs Steady state - the former will have more M&A work while the latter may be a target for someone else or is developing their own growth projects or have less of a corp dev function
Lean vs Full Corp Dev department w/ support - I am a FP&A manager at a portco but am the only person in our "finance group" and report to the CFO, so all corp dev work is split between my boss and I or our two man commercial group (lean) vs a corp dev group staffed with analysts through directors that have IB or other experience and/or can pull on other departments to meaningfully help
Public co vs PE backed vs Private/Founder/Family held - can influence strategy, team size / build out, compensation (RSU's, member units, transaction bonus, cash comp, etc)
Then you have industry, location (LCOL vs HCOL), company strategy/culture and stuff like that.
Perfect this is exactly what I was looking for. Just a follow up, what are the best ways to analyze a company? Networking, own research, is there a signs of what type of company your getting into out side of the bigger companies (Disney, Nvida etc)?
Mainly networking or asking around about companies you're interviewing with, looking on the different job sites, asking questions in the interview as far as deal activity, responsibilities, etc. Then thinking about some of the items above, an O&G public major that's only going to do a mega-deal and some asset acquisitions every year (and has a built out corp dev group with a small army of analysts across all functions) will probably be very different than a lean pe backed healthcare rollup. If you cast a wide net there will be all kinds of variation, but if you narrow down to, for example, pe backed or private industrials with $100-$500M in revenue and have a dedicated corp dev team, you'll probably be able to more closely compare the roles better.
Hey I sent you a DM with some questions if you don't mind, seems like you're very knowledgeable in this space
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