Sounds like a good deal, you get to acquire companies and advise the CEO while avoiding all that boring internal budget stuff. Why did you want to do corporate development rather than PE or HF?
Submitted by: MuhammadA couple reasons:
I wanted to go to a top business school one day and I could set myself apart by doing something other than the typical "track."
Since I was from a non-target school and didn't work at a bulge bracket bank, I had almost no chance of getting into the top private equity firms and hedge funds.
Corporate development offered a better lifestyle and more responsibility than what you'd get at a typical PE firm or hedge fund - at a lot of those places you're still an Excel jockey pulling all-nighters.
Even though it's a startup, the company itself is very well-known and so I also received the benefit of branding by working there.
The downside is that you don't get paid as well and bonuses are much lower, so if you're 100% focused on making as much money as possible, you're better off following the traditional path.
Submitted by: Muhammad
I wanted to go to a top business school one day and I could set myself apart by doing something other than the typical "track."
Since I was from a non-target school and didn't work at a bulge bracket bank, I had almost no chance of getting into the top private equity firms and hedge funds.
Corporate development offered a better lifestyle and more responsibility than what you'd get at a typical PE firm or hedge fund - at a lot of those places you're still an Excel jockey pulling all-nighters.
Even though it's a startup, the company itself is very well-known and so I also received the benefit of branding by working there.
The downside is that you don't get paid as well and bonuses are much lower, so if you're 100% focused on making as much money as possible, you're better off following the traditional path.
Submitted by: Muhammad
Read Online Business Development Associate Job Interview Questions And Answers
Top Business Development Associate Questions
☺ | Give an example of a time when you had to sell an unpopular idea to someone? |
☺ | How would you get to understand and cater to a prospect's specific needs? |
☺ | Tell me what attracted you to this role? |
☺ | Tell us what do you enjoy most/least about teamwork? |
☺ | Tell me what motivates you in your work? |
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