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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. Traditionally, banks gave away equity research reports for free to incentivize large clients to trade with the bank.

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Working Capital Changes & Impact on DCF

Wizenius

Impact of Working Capital on Cash Flows: Changes in working capital can affect the cash flows used in the DCF analysis. Handling Changes in Working Capital: To account for changes in working capital, the following steps can be taken in the DCF analysis: a. Take your career to new heights in the dynamic world of finance.

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Power-Up Your Resume: Essential Investment Banking Keywords

Wizenius

In the highly competitive field of investment banking, a well-crafted resume can be the key to landing coveted interview opportunities. In this blog post, we will highlight five essential keywords that you should incorporate into your resume to increase your chances of getting those sought-after investment banking interview calls.

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Determining Discount Rate for Companies with Negative Initial Cash Flows and Future Growth

Wizenius

Adjustments for Negative Cash Flows: Incorporate adjustments in the DCF analysis to account for the negative cash flows in the initial years. Thanks, Pratik S , Unlock the Secrets of Investment Banking and Financial Modeling - Enroll in Wizenius Investment Banking Course Today! Start your journey towards success today!

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M&A Blog #15 – valuation (tools and data preparation)

Francine Way

The primary country sector return on equity (ROE) metrics (optional): Can be obtained through country specific sector ROE online resources commonly published by the country’s government’s economic / commerce / banking department or central banks. Information listed in the DCF analysis: See the items listed under DCF above.

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Understanding the Impact of Interest Rates on Private Equity and Business Valuations

Focus Investment Banking

The Role of Interest Rates in Private Equity Investments: Interest rates, set by central banks, are a critical factor in the economy, influencing the cost of borrowing money. Discounted Cash Flow (DCF) Analysis: This is the most common valuation method involving discounting future cash flows back to their present value.

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Evaluating Asset Management Companies: Key Metrics and Methodologies

MergersCorp M&A International

Discounted Cash Flow (DCF) Analysis: A DCF model is often used to estimate the intrinsic value of the company based on projected future cash flows. Firms that leverage technology for better efficiency, fundamental analysis, or client engagement may have an edge over traditional AMCs.