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Simply put, you want to get as much understanding when it comes to things like dealing with financialmodels, selecting comparable companies, how to format a deck, etc., I was viewed as the top intern and received a return offer at my bulgebracket bank – trust me, you can thank me when you get your return offer.
There’s also some variation in how teams account for player wages, training, and equipment, with some capitalizing and amortizing this spending over time. Among the bulgebrackets , Goldman Sachs and JP Morgan should be at the top of this list now that they have dedicated teams (plus their existing reputations and market shares).
People are convinced that financialmodeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. So, for example, quarterly financialmodels are more common in equity research, as are detailed bottoms-up models used in initiating coverage reports.
In terms of industry focus , technology (especially “general IT,” Internet, and semiconductors) and healthcare have always accounted for a high percentage of deal activity. But you’ll also see manufacturing, cleantech, consumer, energy, real estate, and financial services deals. is better for domestic funds.
Per FTI Consulting , solar, wind, and “portfolio” (mixed asset) deals account for 60% of renewable M&A activity in the U.S.: Renewable Energy Accounting, Valuation, and FinancialModeling For the most part, very little is “new” here. What Do You Do as an Analyst or Associate?
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