Peak Frameworks

MAY 17, 2023

Additionally, if you’re interested in refining your Excel skills and recruiting for private equity, you should check out our , Private Equity Course. For example, in 2013, JPMorgan used VBA to build a custom model to forecast loan losses, which helped them save time and improve accuracy.

Financial Modeling 52

Financial Modeling Financial Models Finance Finance 52

Mergers and Inquisitions

APRIL 5, 2023

These tend to be the funds that pay better , actively recruit new entry-level hires , and do at least some direct investing. Depth of Work – Traditional PE/HF: You’ll spend time doing market research, meeting management teams/customers/competitors, and building detailed financial models for any deal that moves past your quick screening.

Recruitment 59

Recruitment Funds Private Equity Investment 59

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

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. Listen, as much as bankers and consulting hardos want to convince you otherwise, we are human beings, and we need our rest and focus to stay attentive.

Investment Banking 147

Investment Banking Bank Banking Investment 147

OfficeHours

AUGUST 20, 2023

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. Many first-year (and some second-year) analysts are unsure if private equity should be their next step. While other 5.

Private Equity 130

Private Equity Equities Investment Banking Finance 130

Mergers and Inquisitions

NOVEMBER 15, 2023

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. The timing – The CFA is not very helpful in your last year of university due to the IB recruiting timeline. so this point is irrelevant for students.

CFA 59

CFA Investment Banking Bank Banking 59

OfficeHours

MAY 24, 2023

If you would like a leg up in the recruiting process, consider pursuing courses that focus on finance, accounting, statistics, mathematics, engineering, and economics. MBA programs have recruiting events with all types and sizes of investment banks. Maybe even more important than your major is your GPA.

Investment 147

Investment Investment Banking Finance Finance 147

Mergers and Inquisitions

DECEMBER 6, 2023

You might think that as a Hedge Fund Analyst , you’ll do deep market research, speak with counterparties, suppliers, and customers, and build detailed financial models to support your views… …and you would do those things if you were at a single-manager hedge fund. What Do You Do as a Multi-Manager Hedge Fund Analyst?

Funds 104

Funds Management Recruitment Portfolio 104

Mergers and Inquisitions

NOVEMBER 1, 2023

Can You Recruit into Healthcare Private Equity and Win Jobs? As you’ve probably already guessed, there’s nothing “special” about private equity recruitment for healthcare firms or groups. Advanced Financial Modeling : There’s a case study on Jazz Pharmaceuticals if you’re more interested in that vertical.

Private Equity 59

Private Equity Healthcare Equities Middle Market 59

OfficeHours

MAY 31, 2023

My degree didn’t make me a better financial modeler. In shifting my perspective away from viewing networking as a necessary recruiting evil, I not only began to enjoy the experience, but I also start to form much deeper connections. I didn’t start a billion-dollar company.

Business 147

Business Private Equity Investment Banking Equities 147

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

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 ). or Europe and work in China instead?

Private Equity 94

Private Equity Equities Recruitment Funds 94

Mergers and Inquisitions

JANUARY 31, 2024

This setup creates many differences with multi-manager (MM) hedge funds , from investment styles to recruiting and careers. In-depth analysis that might take days or weeks, such as a financial model with 1,000 rows in Excel to assess a biopharma company’s valuation.

Funds 59

Funds Management S&P Recruitment 59

Peak Frameworks

SEPTEMBER 11, 2023

Effective talent management ensures that financial institutions have the right individuals in the right roles, with the necessary skills and competencies to achieve organizational goals. 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

APRIL 12, 2023

Over time, investment banking recruiting has become more impersonal with developments like HireVue interviews , online tests, and recruiters conducting the initial screens. People often complain about how it’s impossible to make a “good first impression” in a pre-recorded video or when speaking to a hapless recruiter.

Investment Banking 64

Investment Banking Bank Banking Investment 64

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.

Funds 52

Funds Asset Management Management Equities 52

Mergers and Inquisitions

OCTOBER 30, 2024

Depending on your group , you’ll spend time on tasks such as creating 5-year plans, conducting variance analysis, making sure transactions are properly recorded, reconciling the historical financial statements, and managing the company’s cash, cash flow, and borrowing needs. if you have a solid accounting background.

Corporate Finance 105

Corporate Finance Finance Finance Corporation 105

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? Growth Equity Recruiting: Who Gets In, and How Do They Do It?

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

Renewable Energy Accounting, Valuation, and Financial Modeling For the most part, very little is “new” here. In the middle market , Jefferies has recruited some of the top bankers in renewable energy M&A and is expected to do well going forward.

Investment Banking 59

Investment Banking Bank Banking Investment 59

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.

Investment Banking 59

Investment Banking IT Finance Finance 59

Mergers and Inquisitions

MAY 24, 2023

I’ll do a deep dive into the entire space in this article, including the top funds, example trades, recruiting, exit opportunities, and more. If you want more, there are several Sum of the Parts lessons in the valuation sections of our Financial Modeling Mastery course. Recruiting: Who Wins Offers at Event-Driven Hedge Funds?

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

JULY 26, 2023

The Interview Process for a Search Fund Internship You are unlikely to get traditional “technical questions” unless you’ve marketed yourself as having financial modeling experience. Before sending a message, you should take at least 10-15 minutes to research each person and their fund so you can explain why you’re interested in them.

Private Equity 52

Private Equity Investment Banking Funds Equities 52

Mergers and Inquisitions

APRIL 19, 2023

Recruitment: Tunneling Your Way into Metals & Mining Investment Banking Metals & mining is highly specialized , so you have an advantage if you have a background in geology, geophysics, or mining. One example is Steel Dynamics, which we feature in our main financial modeling course.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

OCTOBER 11, 2023

Junior-level roles consist of real estate financial modeling , reports and memos, due diligence, and meetings. There are some recruiting tips in the REPE article, but you need to network extensively, join industry associations, and complete at least 1-2 RE-related internships to be competitive. For example, in the U.S.,

Private Equity 101

Private Equity Investment Banking Debt Funds 101