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Anybody ever work in transaction services?
Posted on 9/25/14 at 1:10 pm
Posted on 9/25/14 at 1:10 pm
IPOs, carve outs, financial due diligence, spin offs, etc.
Got an email on LinkedIn about a possible work opportunity. Wanna see what other people's experience is like. Thanks MT.
Got an email on LinkedIn about a possible work opportunity. Wanna see what other people's experience is like. Thanks MT.
1
Posted on 9/25/14 at 1:40 pm to JumpingTheShark
The son of one of my former partners did this for JP Morgan in New York.
He would sit around for weeks with nothing to do, and then would work 110 hour weeks for a month, and then back to nothing to do for a while. However, that ramp up would come with sometimes only a few hours notice. He would go from working from 9-3 every day, to getting an e-mail at 2:30 pm telling him he had to catch a flight at 7 pm that night, and would be gone two weeks.
He did it for about 4 years, loved it, made crazy bank, and was single. Moved back to Houston and now works for a Fortune 500 company internally reviewing M&A opportunities.
He would sit around for weeks with nothing to do, and then would work 110 hour weeks for a month, and then back to nothing to do for a while. However, that ramp up would come with sometimes only a few hours notice. He would go from working from 9-3 every day, to getting an e-mail at 2:30 pm telling him he had to catch a flight at 7 pm that night, and would be gone two weeks.
He did it for about 4 years, loved it, made crazy bank, and was single. Moved back to Houston and now works for a Fortune 500 company internally reviewing M&A opportunities.
Posted on 9/25/14 at 2:55 pm to LSUFanHouston
I do some of that, I love it. Fast paced, lost of moving parts.
Posted on 9/25/14 at 3:58 pm to barry
If you don't mind me asking, do you work for a large firm? Big 4 or consulting firm? Investment banking? Thanks man
Posted on 9/25/14 at 9:05 pm to JumpingTheShark
quote:
consulting firm
Posted on 9/26/14 at 12:58 am to barry
Based on what you called it, I'm going to guess KPMG is the firm that contacted you.
Posted on 9/26/14 at 7:44 am to lynxcat
No, tons of places use the same terms.
Posted on 9/26/14 at 12:02 pm to JumpingTheShark
quote:
No, tons of places use the same terms.
yea thats pretty standard terminology
Posted on 9/26/14 at 12:45 pm to lynxcat
quote:
Based on what you called it, I'm going to guess KPMG is the firm that contacted you.
Exactly what I thought as well, buddy of mine works in TS for them.
Posted on 9/26/14 at 2:09 pm to JumpingTheShark
They use variants of the same terms.
Posted on 9/26/14 at 4:46 pm to lynxcat
EY TAS, KPMG TS, I think Deloitte just falls under consulting, and Pwc I'm not sure.
Posted on 10/1/14 at 10:34 am to jso0003
Does he ever mention anything about it? Any insights?
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