Remove Boutique Remove DCF Remove Information
article thumbnail

How to Get an Investment Banking Internship

Mergers and Inquisitions

30 – 40 coffee chats or informational interviews ). Internships at regional boutique banks. A good target might be to complete 20-30 coffee chats or informational interviews by the time your second year starts. One (1) solid finance internship and one (1) student/leadership activity or two solid finance internships.

article thumbnail

Investment Banking in Dubai: The New York of the Middle East?

Mergers and Inquisitions

Many people would say that the elite boutiques – specifically, Moelis and Rothschild – are the top banks in the region based on deal activity, business model, and overall experience. Among the other banks, HSBC usually makes a strong showing, most middle-market banks are barely present, and the other elite boutiques (Evercore, Lazard, etc.)

Insiders

Sign Up for our Newsletter

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

article thumbnail

Growth Equity: The Child Prodigy of Private Equity and Venture Capital, or an Artifact of Easy Money?

Mergers and Inquisitions

Financial Modeling: Like private equity, 3-statement models are common, as are valuations and DCF models , but LBO models are less common since not all deals use debt. Also, you can get in more easily from a middle-market or boutique bank. Obviously, you’ll need these technical skills if you join a team that does “growth buyout” deals.

article thumbnail

Capital Markets vs. Investment Banking: Deals, Careers, Recruiting, Exits, and Offer Decisions

Mergers and Inquisitions

Investment Banking: Skill Sets The main difference here is that ECM and DCM are far less modeling-intensive, so you’ll spend more time in PowerPoint drafting market update slides and sharing information with different groups. If it’s a 5-person regional boutique , take the BB capital markets offer. Jefferies, Lincoln, etc.),

article thumbnail

Metals & Mining Investment Banking: The Full Guide to Ground Zero for the Energy Transition

Mergers and Inquisitions

Valuation , such as the different multiples used for mining companies and the NAV model in place of the DCF (see below). To value it, we build a standard DCF based on production volumes, CapEx to drive capacity, and assumed steel prices: The valuation multiples are also standard (TEV / Revenue, TEV / EBITDA, and P / E).

article thumbnail

Infrastructure Investment Banking: Definitions, Deals, and a Dizzying Diversity of Verticals

Mergers and Inquisitions

DCF: Deducts the full Interest Expense and deducts only Maintenance CapEx. They also serve different purposes; CFADS is used for debt sizing and sculpting , while FFO and DCF are more useful for determining Dividends in the period. Among the elite boutiques , Evercore, Lazard, Rothschild, and Guggenheim advise on many deals.