The Corporate Strategy career path

The in-house team that plans the company, and the seat most likely to lead to running part of it.

By Surojit Chakraverti ex-Citi and Rothschild M&A, now a hedge fund CIO

Corporate strategy is the in-house function that decides what a large company should do next: which markets, which products, and often which acquisitions. It sits close to the executive team and it is deliberately small.

The comparison people make is with consulting, and the meaningful difference is horizon. A strategy team lives with a five-year plan it wrote, and that changes both the quality of the thinking and how it feels to be wrong.

The ladder

What changes at each level, rather than what the title is.

  1. 01

    Strategy Analyst or Associate

    Years 0 to 3

    Market analysis, competitor work and the modelling behind a recommendation. Frequently entered from consulting or banking two or three years in.

  2. 02

    Manager

    Years 3 to 6

    Owning a workstream and presenting to executives directly. The step is being the person in the room who answers the follow-up rather than the person who prepared it.

  3. 03

    Director

    Years 6 to 10

    Owning a domain, and usually the interface with corporate development on anything the company might buy. Influence over what happens rather than what is analysed.

  4. 04

    VP or Head of Strategy

    Year 10 onward

    Reporting to the chief executive or chief financial officer, owning the planning cycle and often mergers and acquisitions alongside it.

The hours

Fifty to sixty as a rule, with real spikes around planning, board cycles and any live acquisition. Better than consulting and noticeably better than banking.

The work is bursty. A live deal or a strategic review compresses months into weeks, and the quiet stretches between are genuinely quiet.

What it pays, by level

Base and bonus at every rung, aggregated from published surveys rather than from anecdote.

Corporate Strategy compensation, level by level

Where people go next

  • General management

    The intended destination at most companies: running a business unit you helped plan.

  • Corporate development

    The deal side of the same building, and a short move because the two teams already work together.

  • Private equity operating teams

    Funds hire strategy people to work with portfolio companies, where the planning skill transfers directly.

  • Consulting, at a senior level

    The reverse of the usual flow, and it works because in-house experience is what clients say they want.

Open corporate strategy roles now

Every tracked programme, updated daily.

Common questions

What is the difference between corporate strategy and corporate development?

Strategy decides what the company should do; corporate development executes the part of that involving buying or selling something. They sit close together and the same person often moves between them.

Is corporate strategy better than consulting?

Better paid per hour and narrower. You go deep on one company instead of broad across many, and whether that is an improvement depends on whether you have found a company you want to think about for years.

How do you get into corporate strategy without consulting?

Internal moves are the most common route nobody mentions: finance, product or operations people with a track record of good analysis get pulled in. Banking works too, particularly for teams that own acquisitions.

Deciding is one thing. Getting in is another.

This page is the map. The prep track is the route: what the interviews test, what firms look for, and the questions you will actually be asked.