From Training Contract to a Career in Transactions: Exploring Corporate Finance & Private Equity Paths

Introduction

The main reason for this hiring bias is that investment firms generally have small, specialised teams, meaning they hire infrequently and require professionals who can add value and require less hand holding from day one. While buy-side roles remain a top career aspiration for many finance professionals, it’s crucial to note that they come with intense performance expectations, long working hours during deals, and occasional weekend work when transactions demand it.
For those without direct buy-side or deal experience, who might be coming out of a training the best route to transition into these roles is to first gain exposure to a transaction based commercial environment. The most common and recommended path is to move from audit into M&A, Transaction Services, or Debt Advisory, where you’ll gain hands-on deal experience and build a relevant commercial network.

Key Qualifications & Skills to Strengthen Your Candidacy

1. ACA / ACCA – Essential for the Irish Market

The ACA or ACCA qualification is widely recognised in the Irish financial sector, and a significant proportion of hiring managers in Corporate Finance, Private Equity, and Investment Management are ACA-qualified themselves. This certification provides a strong foundation in accounting, auditing, and financial management, making it a critical step for professionals aiming to transition into buy-side roles.

2. CFA – A Strong Signal of Investment Expertise

The CFA Charter is highly regarded in both the local and international markets. It provides an in-depth understanding of investment management, financial analysis, and valuation methodologies, making it essential for roles in Private Equity, Private Credit, or M&A.
Additionally, pursuing the CFA Level I or II demonstrates:
Commitment to upskilling and career progression.

3. Financial Modelling & Valuation – A Practical Must-Have

Proficiency in financial modelling and valuation is critical for buy-side and transaction-based roles. Most interview processes will include a case study assessment, requiring candidates to build an LBO (Leveraged Buyout) or Discounted Cash Flow (DCF) model.
Rather than waiting until an interview process begins, it is vital to proactively upskill in financial modelling.
Recommended Financial Modelling Courses:
Wall Street Prep Modelling Course (internationally recognised).
CFI Ireland Financial Modelling Course (widely recognised in the Irish market).
Training the Street (TTS) & AMT Training – Commonly used by investment banks and private equity firms.

Networking & Industry Events – How to Build Your Buy-Side Network

Networking is a key part of the investment industry. Attending industry events and engaging with professionals in M&A, Private Equity, and Corporate Finance can provide:
Market insights into hiring trends and opportunities.
Mentorship and guidance from experienced professionals.
Direct exposure to decision-makers in investment firms.

Key Finance & Investment Networking Events in Ireland:

• Young Finance Professionals (YFP) Annual Drinks – A key networking event for professionals looking to break into the buy-side.
• The Real Deal Conference – Ireland’s premier event for M&A, Private Equity, and Corporate Finance professionals.
• The Investor Awards – A standout opportunity to network with top-performing advisors across the investment funds industry.
• The IVCA (Irish Venture Capital Association) Annual Event – Ideal for those exploring Venture Capital & Growth Equity roles.

Conclusion:

Moving directly from an audit background into a buy-side role in Ireland is highly unlikely. Instead, the best transition route is through a transactional finance role, such as M&A, Transaction Services, or Debt Advisory, where you will gain hands-on deal experience and develop a valuable commercial network.

To stand out from competitors, we strongly recommend pursuing:

• CFA or ACA/ACCA qualification to enhance credibility.
• A financial modelling certification to prepare for technical assessments.
• Consistent networking and attending industry events to build relationships and identify job opportunities.

If you are considering a move into Private Equity, Private Credit, or M&A and want to understand your best transition strategy, reach out to Elevate Partners for a confidential discussion on the Irish investment job market.