How easy is it to go back to banking after Corp. Development & Strategy role? Is PE on the table at all from these type of roles?
I am 1-year into my current role and was invited to interview for a Corp. Development role which sounds much more relaxed and still fairly interesting, albeit at a fair salary haircut.
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Not hard at all with 1 year of experience. At my bank there are a number of people who have “boomeranged”
Another question that I think you may be interested in:
What effect does a stint in corp dev have on promotion timeline upon return?
For example, my understanding is that leaving after one year of IB as an analyst working in CorpDev for 5 years (senior analyst to associate to manager level let’s say) and coming back to IB definitely won’t mean that you can return as a VP, compared to any peers who went six years straight through for example.
However, would that mean you can join back as an experienced/ senior associate (ASO2/3 as opposed to ASO 0/1)?
I understand this could be a case-by-case basis, but I feel like this would help the discussion move forward
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