Remove Asset Management Remove Financial Modeling Remove Valuation
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Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. So, for example, quarterly financial models are more common in equity research, as are detailed bottoms-up models used in initiating coverage reports.

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The Path to Success: How to Become an Investment Banker

OfficeHours

Building a Strong Understanding of Financial Concepts In order to pass the interview process, it is important to develop a solid understanding of financial concepts, including financial analysis, valuation techniques, financial modeling, and corporate finance.

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Long-Only Hedge Funds: A Cozy Career, or a Complete Contradiction?

Mergers and Inquisitions

And if you are interested in this strategy, should you even target hedge funds, or would a long-only asset management firm be better? And if you are interested in long-only investing, should you target asset management firms instead? This second trade would be much less likely at a long-only asset management firm.

Funds 52
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What are T-Shaped Skills? Why does it Matter in Finance?

Peak Frameworks

Deep Expertise in Financial Modeling, Analysis, and Valuation: At its core, finance revolves around understanding numbers. Financial modeling and analysis, for instance, were crucial during Apple's acquisition of Beats, enabling decision-makers to understand the true value of the deal and the potential return on investment.

Finance 52
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Event-Driven Hedge Funds: The Best Home for Bankers Turned Investors?

Mergers and Inquisitions

They have their investment thesis and valuation, and the earnings announcement is the event that unlocks value… …but this is not what “event-driven” means in most cases. But if we’re wrong, and the spin-off doesn’t happen or gets done at a lower valuation, the parent company’s share price would fall by only 10%.”

Funds 64
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Single-Manager Hedge Funds: The Best Way to Get a Recurring Guest Spot on CNBC?

Mergers and Inquisitions

In-depth analysis that might take days or weeks, such as a financial model with 1,000 rows in Excel to assess a biopharma company’s valuation. The Top Single-Manager Hedge Funds Single-manager funds far outnumber multi-manager funds, but they’re also much smaller.

Funds 59
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How to Get into Commercial Real Estate: Side Doors, Front Doors, Steppingstones, and Career Paths

Mergers and Inquisitions

If you want to go this route, find a management firm that works with commercial properties (or multifamily properties with 200+ units) owned by institutional investors. Appraisal / Valuation Real estate appraisal is the process of valuing a property, which is essential when it is being sold.