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 Corporate Development Associate (Internal)
3-5 years as an Associate, then 2-3 years as Senior AssociateSkills to master
- Mastering end-to-end due diligence management, leading valuation workstreams, and effectively mentoring junior team members.
You're ready to move on when
- Consistently delivers high-quality, error-free financial models and investment memos.
- Successfully manages all aspects of due diligence for multiple workstreams.
- Receives positive feedback on mentorship and guidance provided to junior colleagues.
- Proactively identifies and flags potential deal risks to senior leadership.
- 2
Investment Banking Associate / Vice President
3-5 years as an Associate/VP in M&A advisorySkills to master
- Deep expertise in financial modelling, valuation, deal structuring, and client management within an advisory context. Adapting to a 'buyside' perspective.
You're ready to move on when
- Has led significant workstreams on multiple M&A transactions from a sell-side or buy-side advisory perspective.
- Demonstrates strong client communication and relationship management skills.
- Can quickly pivot from an advisory mindset to an operating company's strategic perspective.
- Understands the internal complexities and resource constraints of a corporate environment.
- 3
Private Equity Associate / Senior Associate
3-5 years in a private equity firmSkills to master
- Expertise in LBO modelling, investment thesis development, portfolio company management, and commercial due diligence. Understanding of value creation post-acquisition.
You're ready to move on when
- Has evaluated and executed multiple private equity investments, understanding the full investment lifecycle.
- Strong ability to identify and quantify value creation opportunities in target companies.
- Comfortable with deep commercial due diligence and market analysis.
- Can articulate a clear rationale for investment and potential returns.