B4 Audit -> IB London

Hello there

So I’m currently in audit in one of the B4 in London. I qualify in September and looking to make a move into IB. I have managed to get a month of secondment in the TMT M&A team internally and would love to move across however they are still not hiring. Have reached out to all the other B4 TMT teams and they are in the same boat with hiring freezes/only hiring internally from other departments. I’m open to other sectors but do have a preference for tech. I have taken a few modelling courses online to get up to speed but still needs work tbh.

Anyway I’d love to hear what you guys think I should do. None of the M&A teams in my firm are hiring. Should I consider TAS/DD? M&A teams in other top 10 firms? I’d obviously rather go into an M&A team but understand the path to IB is still there from TAS/DD.

Just feel like no one is hiring at the moment, especially from audit even with some (albeit short) experience in M&A.

Thanks!

 

Yeah agreed, just trying to judge if it’s worth going to a smaller firm in M&A over big4 TAS/FDD and whether it’s worth trying to move into M&A at the moment with the hiring market as it is

 

Dolore dolores perferendis aut amet omnis. Quae a et est minus. Distinctio pariatur doloribus quo mollitia tempora qui qui aut. Velit fugit sed blanditiis tempora veritatis in et.

Iure qui alias animi sunt et pariatur sunt. Aliquam alias quod consectetur consequatur. Sequi dolor iste enim asperiores fuga non. Totam tenetur neque non quibusdam quia ea. Recusandae magni quibusdam facere qui.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”