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
Senior Associate, M&A (Investment Bank / Big 4 Advisory)
3-5 years as Senior AssociateSkills to master
- Flawless financial modelling, end-to-end deal process understanding, effective client communication, managing junior teams.
You're ready to move on when
- You've independently led several deal workstreams from start to finish.
- You're the go-to person for complex model builds and troubleshooting.
- You've successfully managed and mentored junior analysts on multiple projects.
- You're comfortable presenting your analysis to senior client teams.
- 2
Associate / Manager, Corporate Development (Large Corporate)
4-6 years as Associate/ManagerSkills to master
- Internal stakeholder management, strategic alignment, deep understanding of corporate strategy, integration planning basics.
You're ready to move on when
- You've managed internal cross-functional teams for diligence or integration planning.
- You've presented deal recommendations to internal investment committees.
- You've actively contributed to the strategic rationale and thesis for acquisitions.
- You're adept at navigating internal politics and getting buy-in.
- 3
Investment Manager (Private Equity / Venture Capital)
3-5 years as Investment ManagerSkills to master
- Full deal lifecycle management, portfolio company oversight, deep commercial diligence, value creation planning.
You're ready to move on when
- You've led diligence efforts and investment analysis for multiple deals.
- You've presented investment cases to your firm's investment committee.
- You have experience with portfolio company management and value creation initiatives.
- You're comfortable with both buy-side and sell-side perspectives.