OfficeHours

MAY 29, 2023

Gain valuable insights on deal sourcing, due diligence, valuation, financial modeling, and more. Learn to create dynamic models, conduct sensitivity analyses, and make informed investment decisions. yes no, haven’t recruited yet but I want to! Impress potential employers with your expertise.

Private Equity 130

Private Equity IT Financial Modeling Financial Models 130

Mergers and Inquisitions

JANUARY 22, 2025

People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. So, for example, quarterly financial models are more common in equity research, as are detailed bottoms-up models used in initiating coverage reports.

Investment Banking 64

Investment Banking Equities Bank Banking 64

OfficeHours

JULY 22, 2023

Recruiting is starting and it will CONTINUE for some time… expect that so don’t fret — you can 100% get a solid shop offer even if you’re starting from the 5-Yard Line right now! Get the prep done as soon as you decide you want to recruit for PE – it will take 40-50 hours of prep total for most people.

Private Equity 130

Private Equity Recruitment Equities Financial Modeling 130

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.

Private Equity 130

Private Equity Equities Investment Banking Finance 130

Mergers and Inquisitions

APRIL 5, 2023

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. These tend to be the funds that pay better , actively recruit new entry-level hires , and do at least some direct investing. Take little-to-no risk. If you are a U.S.

Recruitment 59

Recruitment Funds Private Equity Investment 59

OfficeHours

JUNE 2, 2023

Yes, we all read about it on forums and Reddit, but you do not actually experience what it is like to have to choose between prepping for recruiting or getting four hours of sleep. You are meant to put in the work in order to become the best finance mind that can eventually lead you to a coveted buyside role.

Investment Banking 147

Investment Banking Bank Banking Investment 147

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.

Financial Modeling 52

Financial Modeling Financial Models Finance Finance 52

OfficeHours

MAY 31, 2023

My degree didn’t make me a better financial modeler. Like many of my colleagues in finance, I measured my accomplishments through the lens of job offers, promotions, and year-end bonuses. When I get asked whether the business school was worth it, my response is always “YES, but not in the ways I had expected.”

Business 147

Business Private Equity Investment Banking Equities 147

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. Financial Modeling or Python / Data Science / AI: Starting in 2024, you must complete a “Practical Skill Module” on one of these topics for Levels I and II of the exam.

CFA 59

CFA Investment Banking Bank Banking 59

Mergers and Inquisitions

DECEMBER 6, 2023

There are only a few dozen large funds in this category worldwide, but they’ve greatly impacted the markets and finance careers. You will do some financial modeling and company research, but it will be more about evaluating factors such as: If Company X beats earnings by 5%, how much will its stock price increase?

Funds 104

Funds Management Recruitment Portfolio 104

Mergers and Inquisitions

AUGUST 16, 2023

Recruiting and whether you can break in without “donating” your kidney to Xi Jinping. Government/Political Connections – Connections always matter in finance recruiting, but they are far more important in China because the government can make arbitrary decisions with no warning (see: Jack Ma ).

Private Equity 94

Private Equity Equities Recruitment Funds 94

Peak Frameworks

SEPTEMBER 11, 2023

Case in point: JP Morgan Chase utilized an OD strategy to manage the tumultuous transition during the 2008 financial crisis, demonstrating the potential of OD in the face of adversity. Change Management The financial sector is subject to constant change due to evolving regulations, market dynamics, and technological advancements.

Financial Institution 52

Financial Institution Finance Finance Management 52

Mergers and Inquisitions

AUGUST 7, 2024

If you’ve read this site for a long time, you probably know that we focus on creating financial modeling courses and guides. But even with this, you need to start earlier because fewer banks will be open to hiring you, and the banks that are open to hiring you tend to finish recruiting earlier.

Investment Banking 82

Investment Banking Bank Banking Investment 82

Mergers and Inquisitions

MARCH 13, 2024

Growth Equity vs. Venture Capital vs. Private Equity On the Job: Growth Equity Careers Growth Equity Recruiting Growth Equity Interviews and Case Studies Compensation and Exits Pros and Cons and Final Thoughts What is Growth Equity? Debt financing is much more common, and the GE firm is often the first institutional investor.

Private Equity 105

Private Equity Equities Capital Portfolio 105

Mergers and Inquisitions

FEBRUARY 28, 2024

But a few other reasons also explain why fixed income often gets overlooked: the unstructured recruiting process, fewer job openings, and the “cushiness” of senior-level roles. An Example Fixed Income Research Report Recruiting: Who Gets into Fixed Income Research? existing coverage” in ER.

Equities 59

Equities Asset Management Debt Recruitment 59

Mergers and Inquisitions

JANUARY 10, 2024

Think: benchmarking portfolios rather than modeling companies. 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. and your odds are not spectacular.

Investment Banking 59

Investment Banking Management Bank Banking 59

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.

Investment Banking 59

Investment Banking Bank Banking Investment 59

Mergers and Inquisitions

JULY 19, 2023

If you compare long-only hedge funds to traditional long/short equity funds, the main differences are: Recruiting/Numbers – There are far more long/short equity funds than long-only or long-biased funds, so you’ll have an easier time finding jobs. Turnover is also high, especially at the large multi-managers. lower intensity).

Funds 52

Funds Asset Management Management Equities 52

Mergers and Inquisitions

AUGUST 2, 2023

Normally on this site, I write about a mix of careers, sectors within finance, financial modeling topics, and current events. If you send these emails to bankers in your networking/recruiting efforts, they will notice, and your chances of winning interviews and job offers will decrease. ChatGPT for Email: What Next?

Investment Banking 59

Investment Banking IT Finance Finance 59

Mergers and Inquisitions

MAY 24, 2023

“Event-driven hedge funds” is one of the more confusing labels in finance. I’ll do a deep dive into the entire space in this article, including the top funds, example trades, recruiting, exit opportunities, and more. Recruiting: Who Wins Offers at Event-Driven Hedge Funds? should convertible arbitrage be in this category?)

Funds 64

Funds Investors Mergers and Acquisitions Mergers 64

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. Unlock the art of financial modeling and valuation with a comprehensive course covering McDonald’s forecast methodologies, advanced valuation techniques, and financial statements.

Financial Modeling 52

Financial Modeling Financial Models Business Valuation 52

Mergers and Inquisitions

OCTOBER 11, 2023

While people obsess over investment banking and private equity, other sectors within finance, such as commercial real estate (CRE) , often go ignored. It’s like the buy-side vs. sell-side distinction in finance, but specifically for real estate. For example, in the U.S.,

Private Equity 101

Private Equity Investment Banking Debt Funds 101