Remove Asset Management Remove Boutique Remove Corporate Finance
article thumbnail

Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

To summarize: For investment banking at the undergraduate level, you need to start years in advance, have a high GPA, win at least 1-2 other finance internships first, and prepare intensively for networking and interview questions. public markets roles ( hedge funds , asset management , etc.),

article thumbnail

Investment Banking Spring Weeks: The Full Guide

Mergers and Inquisitions

run them, but so do many elite boutiques (Lazard, Evercore, PJT, etc.), Outside of IB, various asset managers, hedge funds, consulting firms, and trading firms also run some type of spring week program, but we’re focusing on banking here. Which Banks Offer Spring Weeks? All the bulge bracket banks in the U.K.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Full Guide to Pre-MBA Internships: Are They Worth It?

Mergers and Inquisitions

We’ll return to this point later, but in finance, it’s more common to do a pre-MBA internship at a small VC/PE firm or boutique bank rather than a bulge bracket bank. However, you might be competitive for investment banking, asset management, or consulting roles, and a pre-MBA internship could help with those.

IT 59
article thumbnail

Distressed Debt Hedge Funds: How to Become a Vulture Capitalist

Mergers and Inquisitions

Two relevant internships in 1L and 2L, such as at a restructuring boutique bank and a PE or credit-related one. You will not be a good candidate for venture capital, growth equity, or corporate finance roles because the skill sets are too different.

Debt 103
article thumbnail

Wealth Management vs. Investment Banking: Career Deathmatch

Mergers and Inquisitions

The Top Firms in Wealth Management vs. Investment Banking Most people would say the top investment banks are the bulge brackets and elite boutiques , at least for entry-level roles. It offers the broadest set of possible exits within the finance industry if you leave early (in your Analyst years).

article thumbnail

No Return Offer from an Investment Banking Internship: What to Do

Mergers and Inquisitions

All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates. Finance firms are notorious for under-hiring and over-hiring, so this happens a lot. “No If you’re in this category, at least it’s easy to explain in interviews!