Mergers and Inquisitions

SEPTEMBER 13, 2023

However, various books and textbooks have defined “distressed” as follows: Debt Discounts – If Secured Debt is trading in the low 90% range or below, or Unsecured Debt is trading in the 60-70% range or less, it’s typically distressed. But you could also move in from Leveraged Finance or an industry group that does frequent debt deals.

Debt 103

Debt Funds Investment Equities 103

Peak Frameworks

AUGUST 15, 2023

But why does this matter to an investment banking professional? This involves summing up all debits and credits in each account to verify that the company's books are balanced. Closing the Books. After the financial year, the books were closed, and a post-closing trial balance was prepared. Adjusting Entries.

Accountant 52

Accountant Financial Statement Finance Finance 52

Mergers and Inquisitions

SEPTEMBER 25, 2024

The dynamics are totally different in places like India , where (for example), a degree at one of the top Indian Institutes of Management (IIMs) leads to Analyst roles in investment banking. If you are interested in other, less competitive business/finance roles, you don’t necessarily need to attend a top program.

IT 59

IT Private Equity Finance Finance 59

Mergers and Inquisitions

APRIL 24, 2024

But then recruiting moved up, the MBA process became more structured, and now we have 4-year-olds aiming for “Target Kindergartens” so they can eventually get into investment banking ~15 years in the future. Interestingly, there are not many investment banks on these lists. How Do You Apply for Pre-MBA Internships?

IT 59

IT Investment Banking Recruitment Finance 59

Peak Frameworks

SEPTEMBER 11, 2023

The use of SPVs, as in the example above, requires deep understanding and careful execution, making it an essential skill for professionals in private equity and investment banking. Conclusion Understanding SPVs can give professionals in private equity and corporate finance a competitive edge. Why Do Companies Use SPVs?

IT 52

IT Debt Private Equity Investors 52

Mergers and Inquisitions

MARCH 8, 2023

Finally, on the investment banking side , the “top 3” banks (GS, MS, and JPM) all have a good presence in commodities, as do BofA and Citi. Almost no one (< 5%) had management consulting or investment banking backgrounds , and the ones that did also had something closely related to commodities.

Funds 119

Funds Finance Finance Trading 119

Focus Investment Banking

OCTOBER 30, 2023

To learn more about the indicators of what makes a good ESOP, as well as the benefits and the pitfalls, I turned to Focus’ Corporate Finance Head, Bob Beard, who executes ESOPs on behalf of our clients. The post ESOPs Are an Exit Alternative appeared first on FOCUS Investment Banking LLC.

Debt 52

Debt Retail Business Private Equity 52

Mergers and Inquisitions

JANUARY 22, 2025

People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. Investment banking requires more process and project management skills , while equity research requires stronger creativity and communication skills.

Investment Banking 64

Investment Banking Equities Bank Banking 64

Devensoft

AUGUST 22, 2023

Investment Banking Tools: Investment banks and financial advisory firms often use proprietary software or tools tailored for enterprise valuation during M&A transactions. These tools enable professionals to build detailed valuation models that consider various factors influencing a company’s value.

Valuation 52

Valuation M&A Utilities Mergers and Acquisitions 52

Mergers and Inquisitions

JUNE 5, 2024

How can I move from wealth management to investment banking ? It’s arguably the most difficult “front office to front office” transition within finance, so you should probably start by considering why you want to make this switch: Table Of Contents Why Switch from Wealth Management to Investment Banking?

Investment Banking 59

Investment Banking Management Bank Banking 59