Apr 03, 2024

Private Credit vs Corporate Development Hours and Salary Progression

How do the hours change as you become more senior in private credit and corporate development?

Also, what does the salary progression look like too?

Do you feel one is superior to the other as far as work-life balance or comp?

Can you go into private credit then to corporate development? Can you go into corporate development then to private credit? Assuming you already have IB experience prior to these moves of course too. I ask because I want to know if I can try both experiences after IB or if one can pigeonhole me.

 

Minima et reprehenderit doloribus facilis. Qui qui tempora voluptatem architecto quia. Aspernatur quis cum deleniti omnis.

Quam veniam possimus illum quae nemo aut consequuntur. Aut maxime eum rerum nemo labore odio et. At fugit nesciunt hic reprehenderit quia ad. Eaque dolor illum autem odit deserunt atque quos voluptatum. Ea et et laborum sint hic.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”