Remove Bulge Bracket Remove DCF Remove Finance
article thumbnail

Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

To summarize: For investment banking at the undergraduate level, you need to start years in advance, have a high GPA, win at least 1-2 other finance internships first, and prepare intensively for networking and interview questions. and areas like corporate finance or strategy at normal companies.

article thumbnail

How to Get an Investment Banking Internship

Mergers and Inquisitions

Admittedly, not all banks did this, and many bulge bracket firms will start in the normal time frame of January – March. One (1) solid finance internship and one (1) student/leadership activity or two solid finance internships. Corporate finance roles at nearby companies. and ideally a bit higher.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Mergers and Inquisitions

If you’re interested in the Middle East or have connections to the region, all this hype has probably made you wonder about finance careers there. Another selling point is that when other regions are doing poorly, Dubai often performs well and acts as a “counter-cyclical” finance center. are much less active.

article thumbnail

Wealth Management vs. Investment Banking: Career Deathmatch

Mergers and Inquisitions

You will very rarely get exposed to the type of financial modeling that bankers complete: 3-statement models , DCF models , M&A models , LBO models , and so on. It offers the broadest set of possible exits within the finance industry if you leave early (in your Analyst years).

article thumbnail

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

Mergers and Inquisitions

Even though we’ve covered industry groups vs. product groups and teams such as M&A , ECM , DCM , and Leveraged Finance , we continue to get questions about capital markets vs. investment banking. Enterprise Value or a DCF model. Do you work or get paid less in capital markets? 4) Are capital markets offers “worth” accepting?

article thumbnail

Sovereign Wealth Funds: The Full Guide to the Industry, Recruiting, Careers, and Exits

Mergers and Inquisitions

If you’ve read this site before, you know this set of goals is impossible for most finance careers: you take a lot of risk, work long/stressful hours, or both. You won’t have time to build a simple DCF model or do more than look at multiples and qualitative descriptions, so you must think and act quickly based on limited information.