Also called: Restructuring Analyst
Advises companies (or their lenders) that can't pay their debts, negotiating deals to rescue or reorganize them.
A cruise line is weeks from missing a debt payment, so you model how much it can afford to repay and sit in tense negotiations where hedge funds argue over who loses money.
BLS groups investment bankers with securities sales agents (median ~$78k), which hides Wall Street pay; figures here are typical total pay (salary plus bonus) at major banks.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance or accounting; same analyst-to-MD ladder as other banking.
Ways in: 4-year college, Graduate school. Training cost: $15k – $60k.
Majors to look at: Finance, Accounting, Economics.
Growing about average. Busiest during recessions and high-interest periods.
Low risk in 5 years, medium in 10. AI speeds liquidation and cash models; negotiating among creditors, lawyers and courts in a crisis stays human.
Classes: Accounting, AP Statistics, Debate, Business law.
Official data: O*NET occupation 41-3031.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.