<p>blue_box - We do have 1-2 folks that came from consulting…that said most former consultants come into one of our strategy teams (corporate strategy or a divisional strategy team). </p>
<p>jimmy202 - it is usually proportional to experience. That said, someone with 2 years banking experience comes in at ~80-90K base + 0-25% bonus (most avg. like 10-15%) + stock options (can range significantly). My comp last year this past year was 90K base + 20% bonus + 50K is stock options.</p>
<p>Yea, corporate strategy is what I’m really looking at. Is the comp similar for both? Also, is it difficult to move from corp strategy to M&A? I’d imagine this varies between firms, but a general answer would be fine.</p>
<p>at least where I work comp for corp strat is relatively similar to M&A…although at some companies the M&A guys end up getting a bit more stock if they close a few big deals. </p>
<p>It’s definitely possible to move between the 2 functions although you see it happen at lot more at the senior level than at the jr levels.</p>
<p>
*** are you talking about? What part of that article is grossly inaccurate? The other posters were laughing at the fact that OP said IBankers could retire after 3 years. Way to look like a moron.</p>
<p>Thanks for answering my questions whartongrad!</p>
<p>
</p>
<p>That is extremely good comp for a non-PE/HF post-banking position. I know you probably don’t want to name your company, but it must be a a large cap tech company? I don’t know too terribly much about banking exit opps, but I’m going to have to start thinking about them soon. Your situation sounds fantastic.</p>
<p>giants92 - Yes it’s a large cap tech company…most in tech pay all-in comp in the range of $110-140K (mine luckily is even higher just b/c i had good performance and got crazy amounts of stock…but remember most stock has a vesting period of 5 yrs…so its not like you get it all in one shot). While most make in that range as a 3rd yr analyst or potentially 1st yr associate or PE/HF associate you’ll prob be making closer to 200K…that said you’ll prob be working 2x the hours compared to corp jobs and will likely be in an expensive city like NYC. </p>
<p>Honestly I live better than most of my friends who are in banking or PE…my hours and quality of life are so much better that they justify the comp drop.</p>
<p>
</p>
<p>Yea exactly. PE hours still aren’t great. Not sure which route I’m going to want to take.</p>
<p>^Buy-side still has better hours.
Btw whartongrad, I sent you a PM, do you mind answering it :)</p>
<p>Whartongrad, were you in a tech group? Do you need to be like GS TMT/MS M&A if you want to work for Google/Microsoft/Apple? Do a lot of top analysts try to get into corp. dev.? Thanks man</p>
<p>drizzl - you don’t necessarily have to be in a tech/TMT group if you want to work at a top tech firm. You really just have to be very passionate about technology and show that you can do deals. In all reality, most analyst want to go into PE/HF with the next most popular exits being VC and corpdev. </p>
<p>Personally, I want to be in the tech industry down the line in a sr exec role…so having banking + major tech player strategy or corpdev background could help me then move into a smaller tech company after a few years as an exec.</p>