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

Mergers and Inquisitions

But you would not build models for M&A deals, leveraged buyouts, or debt/equity issuances in research or at least, they would be far simpler than the IB versions. If you do IB, you can get into deal-based roles ( private equity , corporate development , venture capital , etc.), Investment Banking: Which Ones Right for You?