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

Mergers and Inquisitions

bulge-bracket banks , such as JPM, GS, MS, and Citi, always rank well in the league tables. The other bulge brackets (BofA, Barclays, UBS, and DB) tend to rank lower, but this varies each year. It’s almost like the city has its own PR department and never-ending marketing campaign. are much less active.

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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. Yes, you can read guides , take courses , and watch YouTube videos , but you should also spend a few hours building simple DCF models or 3-statement models to learn the key concepts.

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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. Investment Banking: Job Functions Wealth managers advise individuals on their investments and may provide other services, such as tax and estate planning. Wealth Management vs.

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

Mergers and Inquisitions

Should you accept a capital markets offer at a larger bank over an M&A or industry group offer at a smaller bank? If you’ve won a capital markets offer, should you delay accepting it so you can target “better” groups? Some ask you to specify a team upfront, while others assign you to a team only once you’ve won an offer.

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

Mergers and Inquisitions

One good example is the NZ Super Fund in New Zealand , which invests based on “diversifying risk” rather than a traditional asset allocation. The firm uses passive and active strategies, often deviating from its reference portfolio based on the macro environment. And each one will take a fair amount of time and effort.

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

Mergers and Inquisitions

Equity research recruiting tends to be less structured, though the bulge bracket banks and elite boutiques still run traditional processes that start over a year before summer internships. Traditionally, banks gave away equity research reports for free to incentivize large clients to trade with the bank.