Transaction Advisory (Due Diligence) Associate

Also called: Financial Due Diligence Associate

Digs into a company's books before someone buys it, looking for hidden problems.

A day in the life

A private equity firm wants to buy a car-parts maker, so you spend three weeks combing through its accounting, find that profits were inflated by one-time sales and write it up.

Pay over a career

Starting
$70k
Typical
$100k
High
$160k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 5 years after high school. Bachelor's in accounting; CPA usually expected.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Accounting, Finance.

Outlook

Growing about average. Tracks M&A activity.

Will it last? Our AI estimate

Medium risk in 5 years, high in 10. AI tears through data rooms and flags issues in hours; due-diligence teams need fewer junior associates.

Start now, in high school

Classes: Accounting, AP Statistics, Computer applications, Business law.

Official data: O*NET occupation 13-2011.

More Investment Banking careers

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.