The pathway
How you actually get there, here
How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.
- 1
Internal Promotion from Business Development Analyst (L2)
2-3 years at Analyst levelSkills to master
- Flawless financial modelling, independent execution of complex research tasks, strong initial presentation skills, and a proactive attitude in identifying deal opportunities.
You're ready to move on when
- You're consistently delivering high-quality financial models and valuation analyses with minimal oversight.
- You're taking initiative to identify and research potential targets beyond assigned tasks.
- You've successfully managed smaller, self-contained analytical projects from start to finish.
- You're actively seeking opportunities to present your work and contribute to strategic discussions.
- 2
Direct Entry from Investment Banking / Private Equity Associate
3-5 years post-undergraduate experienceSkills to master
- Strong M&A process knowledge, advanced financial modelling, commercial due diligence experience, and client management skills.
You're ready to move on when
- You've been a key contributor on multiple M&A transactions, understanding the full deal lifecycle.
- You're comfortable building complex financial models and presenting them to senior clients.
- You've managed significant workstreams within due diligence processes.
- You can demonstrate a clear interest in corporate strategy and a desire to move to the 'buy side' within a corporate.
- 3
Direct Entry from Strategy Consulting (Senior Consultant)
4-6 years post-undergraduate experienceSkills to master
- Structured problem-solving, market analysis, strategic framework application, and client relationship management.
You're ready to move on when
- You've led modules or workstreams on strategic projects, particularly those involving market entry, M&A strategy, or commercial due diligence.
- You're adept at synthesising complex information into clear, actionable recommendations.
- You can demonstrate strong analytical capabilities and a good understanding of financial concepts.
- You're looking for a role with direct deal execution and ownership, rather than just advisory.