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
Investment Banking (VP/Director level)
Transition typically after 10-15 years in banking.Skills to master
- Deep financial modelling, deal execution, client relationship management, and exposure to various industries and deal types. You'd be moving from an advisory role to an 'owner' role.
You're ready to move on when
- Led multiple sell-side or buy-side mandates from pitch to close.
- Managed junior banking teams and client relationships.
- Developed strong industry-specific knowledge.
- Demonstrated ability to translate complex financial analysis into strategic recommendations.
- 2
Private Equity (Principal/VP level)
Typically 8-12 years in private equity.Skills to master
- Investment thesis development, due diligence leadership, portfolio company value creation, and a strong commercial mindset. You'll bring an investor's perspective to corporate M&A.
You're ready to move on when
- Led due diligence for multiple platform investments.
- Contributed to portfolio company value creation initiatives.
- Strong understanding of private company valuation and deal structuring.
- Proven ability to work with management teams post-investment.
- 3
Senior M&A Manager / Principal in another Corporate Development team
Typically 5-8 years as a Manager/Principal.Skills to master
- End-to-end deal execution, team leadership, and strategic pipeline development within a corporate setting. You'd be bringing direct corporate M&A experience.
You're ready to move on when
- Successfully led multiple acquisitions or divestitures for a corporate.
- Managed cross-functional deal teams.
- Presented deal recommendations to executive leadership.
- Developed a strong network of M&A advisors.