Remove Book-building Remove Boutique Remove Private Equity
article thumbnail

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

Mergers and Inquisitions

At the junior levels , entry-level professionals in both fields spend a lot of time in Excel working on models, valuations, and documents such as equity research reports and investment banking pitch books. If you do IB, you can get into deal-based roles ( private equity , corporate development , venture capital , etc.),

article thumbnail

Infrastructure Investment Banking: Definitions, Deals, and a Dizzying Diversity of Verticals

Mergers and Inquisitions

Its effects are less direct in verticals such as data centers and renewables, but if theres a disruption to trade, such as a tariff apocalypse , these sectors will be hurt because it will become more expensive to build and maintain assets. Among the elite boutiques , Evercore, Lazard, Rothschild, and Guggenheim advise on many deals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

02-09-2024 Newsletter: Intention to Lateral?

OfficeHours

Having spent time in technology growth equity and VC in college, I realized quickly that my passions and career goals didn’t align with RX or the exit opps from MM banking to MM private equity. Focus on building your network and asking for help where needed, while trying to add value in return.

article thumbnail

Investment Banking in Singapore: The Best Gateway to Asia for the Non-Chinese?

Mergers and Inquisitions

Among the elite boutiques , Evercore has the strongest presence in Singapore, and Rothschild also works on many deals, mostly in the middle-market space. As in other regions, the most important point is to start as early as possible in Year 1 of university because you need time to complete off-cycle internships at boutique firms.

article thumbnail

The Full Guide to Pre-MBA Internships: Are They Worth It?

Mergers and Inquisitions

We’ll return to this point later, but in finance, it’s more common to do a pre-MBA internship at a small VC/PE firm or boutique bank rather than a bulge bracket bank. Pre-MBA programs at large companies tend to be more common and important in tech and consulting; internships at boutique firms (via networking) are more common in finance.

IT 59
article thumbnail

Wealth Management vs. Investment Banking: Career Deathmatch

Mergers and Inquisitions

For example, they might ask you how to use a DCF, what bond yields are, or the trade-offs of debt vs. equity – but but they won’t ask you to build a DCF model or calculate Unlevered Free Cash Flow. As with the job itself, the theme is breadth over depth.

article thumbnail

Investment Banking in India: Please Avoid It and Try Again in Another Country

Mergers and Inquisitions

Among the elite boutiques , Moelis has a notable presence, and Rothschild has an office in Mumbai but does not appear to be super-active. They’re mostly supporting pitch books and deal execution in other regions, not working on domestic deals from start to finish. or Europe and recruiting there.