Mergers and Inquisitions

DECEMBER 20, 2023

The IB internship recruiting timeline is now so insane that even mainstream news sources like the Wall Street Journal are writing about it (“ The Race Is On to Hire Interns for 2025. In practice, this means you must be on top of IB internship recruiting from Year 1 of university if you’re in the U.S. and ideally a bit higher.

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Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

MARCH 8, 2023

If you want to work in the most cyclical role in the finance industry, it’s hard to beat commodity hedge funds. How to Recruit for Commodity Hedge Funds and Other Trading Roles If you want to be a commodity trader, there are three main paths into the industry: Start at a large bank in a commodity-related group within sales & trading.

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Funds Finance Finance Trading 119

Mergers and Inquisitions

OCTOBER 18, 2023

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. You can expect the same early recruiting timeline in the U.S., Do you work or get paid less in capital markets?

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Investment Banking Capital Market Recruitment Capital 59

Mergers and Inquisitions

JANUARY 22, 2025

The more significant equity research vs. investment banking differences relate to recruiting and careers , including points such as the compensation and exit opportunities. If you do not win an IB internship in undergrad, other options exist, such as lateral hiring from closely related fields, a Masters in Finance degree , or a top MBA.

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Mergers and Inquisitions

AUGUST 28, 2024

If you have one of these problems, you’d be better off with some combination of: Getting a Master’s in Finance degree from a top school. Aiming for finance-related roles after graduation or even off-cycle internships and then using lateral hiring to get in. corporate finance at a normal company ) and then move in from there.

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Investment Banking Bank Banking Investment 97

OfficeHours

AUGUST 20, 2023

The good news is that there are many transferable skills from investment banking (and other non-traditional finance roles) to private equity. If you enjoy financial modeling and due diligence (essential skills for most finance roles) but want to dig deeper into how businesses function operationally, then the buyside could be right for you.

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Private Equity Equities Investment Banking Finance 130

Peak Frameworks

MAY 23, 2023

Practical Application of SWOT Analysis in Finance SWOT Analysis is a versatile tool, equally applicable in Investment Banking, Private Equity, and Corporate Finance. To learn more about investment banking and the recruiting process needed to get a top investment banking job, check out our , Investment Banking Recruiting Course.

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Mergers and Inquisitions

OCTOBER 16, 2024

For example, internship recruiting starts very early for undergrads in the U.S. , in Interviews for Steppingstone Internships You normally need at least 1 – 2 finance internships in the early years of university to be competitive for 3 rd year IB summer internships that potentially convert into full-time roles. For example: “Sure.

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Mergers and Inquisitions

SEPTEMBER 25, 2024

Good Reasons to Do It 1) You Want to Make a Big Career Change, Especially into Finance or Consulting 2) The MBA Degree is Required at Your Company or is a Promotion Prerequisite 3) You Need to Get Work Permission in the U.S. (or no pre-MBA finance experience to private equity ). Is an MBA Worth It?

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IT Private Equity Finance Finance 59

Mergers and Inquisitions

MARCH 27, 2024

Unfortunately, it’s not quite that simple – due to massive competition, a fairly involved recruiting process, and low conversion rates at many banks. Expectations for technical skills and work experience are lower, but the process is more random than normal internship recruiting and depends on fit, grades, and activities.

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Mergers and Inquisitions

NOVEMBER 15, 2023

I’ve now been writing about finance careers for almost 20 years, and the topic of the CFA for investment banking never seems to die. On the surface, these changes address some big problems with the CFA: The lack of relevance to many finance careers and the limited practical skills tested. Not much has changed since then.

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CFA Investment Banking Bank Banking 59

Mergers and Inquisitions

JUNE 5, 2024

It’s arguably the most difficult “front office to front office” transition within finance, so you should probably start by considering why you want to make this switch: Table Of Contents Why Switch from Wealth Management to Investment Banking? For example, corporate banking would satisfy many of these goals.

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Mergers and Inquisitions

AUGUST 23, 2023

Almost nothing is worse than recruiting for investment banking internships , winning an offer, preparing , completing the internship, and then not getting a return offer. All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates.

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Mergers and Inquisitions

APRIL 24, 2024

But then recruiting moved up, the MBA process became more structured, and now we have 4-year-olds aiming for “Target Kindergartens” so they can eventually get into investment banking ~15 years in the future. A long time ago, the idea of a pre-MBA internship was odd because most people stayed in their full-time jobs until their MBAs began.

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IT Investment Banking Recruitment Finance 59

Peak Frameworks

MAY 17, 2023

Visual Basic for Applications (VBA) is a powerful programming language that can elevate your skills as a finance professional. In this blog article, we will explore the basics of VBA for Excel, its importance in the finance industry, and how mastering VBA can help you stay ahead in your career.

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Financial Models Financial Modeling Finance Finance 52

Mergers and Inquisitions

JUNE 19, 2024

Because of your limited fee pool, you may have to recruit “non-traditional candidates” to fill these roles, i.e., you won’t be picking from IB Analysts in the Goldman Sachs TMT group. That means the usual headaches with HR issues, audit/finance/tax/legal issues, brand representation/PR, portfolio companies, and LP complaints.

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Capital Funds Investment Portfolio 105

Mergers and Inquisitions

SEPTEMBER 13, 2023

The catalysts could be anything from quarterly earnings announcements to covenant breaches to announcements of M&A deals, financings, or strategic reviews. How to Recruit for Distressed Debt Hedge Funds The best background is restructuring investment banking because the skill set is directly relevant.

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Mergers and Inquisitions

JANUARY 10, 2024

Recruiting in Wealth Management vs. Investment Banking You should know all about IB recruiting from reading this site, but it’s insanely competitive and starts very early. It offers the broadest set of possible exits within the finance industry if you leave early (in your Analyst years). and your odds are not spectacular.

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Investment Banking Management Bank Banking 59

Peak Frameworks

JUNE 7, 2023

If you’re interested in recruiting for private equity and wish to leverage the power of market understanding to your advantage, check out our Private Equity Course. In corporate finance, understanding monopolistic competition can help forecast market trends, pricing strategies , and potential for growth and profit.

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Private Equity Profitability Mergers and Acquisitions Equities 52

Mergers and Inquisitions

JULY 17, 2024

If you have the option to work in finance in different parts of the world, investment banking in India should be at the bottom of your list. It is almost always better to do an MSF or MBA in another country and break into the finance industry there than to compete for real IB jobs in India. or Europe and recruiting there.

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Investment Banking Bank Banking Investment 59

Peak Frameworks

MAY 22, 2023

The accounting equation is a fundamental concept in finance that every private equity professional, investment banker, and corporate , finance expert should be familiar with. If you're interested in recruiting for private equity and mastering concepts like the accounting equation, you should check out our Private Equity Course.

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Accountant Equities Debt Private Equity 52

Focus Investment Banking

NOVEMBER 13, 2023

Many are also actively implementing various recruitment and training tactics. Brent Costello has more than 30 years experience as an investment banker and mergers and acquisition and corporate finance lawyer. Larger companies have the advantage in attracting more workers. Corning has a technician pipeline program.

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Manufacturing Mergers and Acquisitions Capital Telecommunication 52

Mergers and Inquisitions

SEPTEMBER 11, 2024

Finally, many renewable energy debt deals take place within Project Finance teams at banks – but Project Finance and corporate finance are very different ! The same criteria as always apply: High grades, a good university or business school, previous finance internships, and a good amount of networking and interview prep.

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Investment Banking Bank Banking Investment 59

Mergers and Inquisitions

MARCH 22, 2023

Unfortunately, because of the accelerated timing for internship recruiting , you’re probably not going to find another IB internship that starts in a few months. and see if anything is available at the last minute.

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Bank Banking Government Investment Banking 98

Focus Investment Banking

OCTOBER 30, 2023

To learn more about the indicators of what makes a good ESOP, as well as the benefits and the pitfalls, I turned to Focus’ Corporate Finance Head, Bob Beard, who executes ESOPs on behalf of our clients. At the company level, an ESOP is an attractive employee benefit that can be used in recruiting and retention.

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Debt Retail Business Private Equity 52

Wall Street Mojo

JANUARY 16, 2024

To fulfil the first goal, the organization has to recruit new team members and purchase additional equipment, which would require some capital. You can also go through our recommended articles on corporate finance – Corporate Strategy Rate of Return on Investment Profitability

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Financial Models Financial Modeling Business Valuation 52

Peak Frameworks

AUGUST 15, 2023

This knowledge, for instance, can optimize your investment banking recruiting chances by helping you tailor your approach to resonate with different cultures. For a more comprehensive guide, check out our , Investment Banking Recruiting Course. Corporate Finance Applying Hofstede's dimensions can also prove useful in corporate finance.

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