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

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. Buyside and corporate development role interviews are not as rudimentary as investment banking interviews. BEFORE you actually hit the desk.

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

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

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? Why Did Growth Equity Get So Popular?

Private Equity 105

Private Equity Equities Capital Portfolio 105

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

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. Treasury yield at? What about gilts (U.K.),

Equities 59

Equities Debt Asset Management Recruitment 59

Mergers and Inquisitions

NOVEMBER 1, 2023

In terms of mobility , you could easily join a healthcare investment banking team , move to a portfolio company in a corporate development role, or potentially even move into venture capital if you’ve had some life sciences exposure. Can You Recruit into Healthcare Private Equity and Win Jobs? in biology. If you have an M.D.

Private Equity 59

Private Equity Healthcare Equities Middle Market 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

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. But you can still move to other AM firms or consider “corporate” roles at normal companies.

Funds 52

Funds Asset Management Management Equities 52

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

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 renewables team still works on corporate-level debt deals, but these are less common than asset-level transactions.

Investment Banking 59

Investment Banking Bank Banking Investment 59

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. Freeport-McMoRan (U.S.),

Investment Banking 52

Investment Banking Bank Banking Investment 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

DECEMBER 4, 2024

Recruiting and Daily Life as an Analyst or Associate in Sports Investment Banking Sports Sector Trends and Drivers Sports Investment Banking by Vertical Teams & Leagues Technology & Services Facilities (Stadiums, Arenas, etc.) Deals could be done on a corporate level (i.e., Facilities (Stadiums, Arenas, etc.)

Investment Banking 105

Investment Banking Bank Banking Investment 105

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

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

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

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

Mergers and Inquisitions

APRIL 30, 2025

But there is one lower Beta alternative: Corporate venture capital (CVC). These groups are attached to large companies (often in the tech industry) and invest in startups not solely for financial reasons. Many people describe corporate venture capital as a combination of corporate development and traditional venture capital.

Capital 59

Capital Corporation Funds Investment 59

Mergers and Inquisitions

MAY 28, 2025

Previous articles on direct lending , mezzanine funds , corporate banking , DCM , and LevFin have covered parts of this topic, but I wanted to consolidate everything here and explain some of the nuances. all use on-cycle recruiting, but many smaller/mid-sized private credit groups are more flexible. And Why Has It Taken Off?

Capital Market 59

Capital Market Capital Corporation Bank 59