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The Role of Investment Banking Courses in Career Progression

OfficeHours

If we are specifically talking about highly coveted firms such as elite boutiques and bulge bracket investment banks, the success rate of interviews is in the single digits, even for target school candidates. Don’t forget to make sure your hair is neat too (if you’re lucky enough to still have it).

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06-30-2023 Newsletter: Mastering the Paper LBO: A Crucial Part of the Private Equity Interview Process

OfficeHours

Start by writing out the following lines of the income statement: on Revenue EBITDA Less: Depreciation and Amortization (D&A) EBIT Less: Interest Expense EBT / NOPAT Less: Taxes Net income The “less” indicates a subtraction to get the following line (ex. You may be given an assumption for how long the asset’s hold period will be.

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When It’s Time to Sell Your Business, an Experienced Team of Trusted Advisors is a Must

Chesapeake Corporate Advisors

The CPA prepares key financials before the sale process begins—such as audited or reviewed financial statements—and provides the financial documents buyers use to value the deal.

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Private Equity Regulation: 2023 Changes and Impact on Finance Careers

Mergers and Inquisitions

In short: Quarterly Financial Statements: All “private funds” must now issue quarterly statements to investors with the fund’s performance, fees, and expenses. You can read all ~660 pages of the new “Private Fund Rule,” but the SEC’s summary is more than enough. Dentons also has a good summary with more details on some rules.

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Off-Cycle Private Equity Recruiting: How to Prepare for the Slow Grind to the Finish Line

Mergers and Inquisitions

For example, you dont need to work at a bulge bracket or elite boutique bank to participate; you could work at a smaller bank, in management consulting, or another finance-related field (Big 4, corporate development, valuation, etc.). as most PE recruiting in other countries is off-cycle.