Focus Investment Banking

APRIL 7, 2024

One aspect that is often talked about and significantly impacts the business landscape is the relationship between interest rates, private equity groups, and business valuations. For private equity (PE) groups, these rates determine the cost of capital, which is essential for their investment strategies.

Private Equity 52

Private Equity Valuation Equities Business 52

How2Exit

FEBRUARY 23, 2023

Concept 6: Value Assets With DCF (Discounted Cash flow) One of the most important tools in the negotiation process is the discounted cash flow (DCF) method. The equation for the DCF method is CFT divided by T, where CFT equals cash flow in period T, and R equals discount rate.

Business 130

Business Negotiation DCF Acquisitions 130

OfficeHours

OCTOBER 17, 2023

Once I started working in finance, I educated myself on different investment types, what effective budgeting really meant, and where I should be putting my money to maximize return and diversification. The advice below is not financial advice, but simply learnings I have put together after working in finance for several years.

Private Equity 130

Private Equity Debt M&A Investment 130

Mergers and Inquisitions

DECEMBER 20, 2023

One (1) solid finance internship and one (1) student/leadership activity or two solid finance internships. Join 1-2 student groups that will help you network into finance roles, such as the student investment club or the business frat. Internships at local venture capital or private equity firms. and ideally a bit higher.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Francine Way

JULY 19, 2017

Thus far, we have discussed five valuation methods: DCF, Comparable Company, Precedent Transaction, LBO, and Dividend Discount Model (DDM). In fact these are the areas where finance and statistics intersect. Other common outputs are equity value and enterprise value. Well, in the real world, there is no certainties in business.

Valuation 130

Valuation M&A DCF Stock 130

Mergers and Inquisitions

MAY 14, 2025

Like renewable energy IB , different banks classify their groups differently, so you could find yourself working on everything from a data center REIT M&A deal to an airport financing to an IPO for a solar developer. Renewables, Power & Utilities, Project Finance, Public Finance, Real Estate, Oil & Gas and More?

Investment Banking 59

Investment Banking Bank Banking Investment 59

Peak Frameworks

JUNE 7, 2023

As a finance professional, the ability to analyze and interpret cash flows is an essential skill. It's broken down into three sections: Operating, Investing, and Financing cash flows. And if you are interested in learning more about essential finance concepts, you should check out our , Investment Banking Course.

Financial Analysis 52

Financial Analysis Discounted Cash Flow DCF Finance 52

Wizenius

JUNE 25, 2023

The WACC considers the cost of debt and equity financing and reflects the risk associated with the company's capital structure. Take your career to new heights in the dynamic world of finance. Adjust the WACC to account for the company's specific risk profile. Start your journey towards success today!

Financial Models 52

Financial Models Financial Modeling Investment Banking DCF Analysis 52

MergersCorp M&A International

NOVEMBER 1, 2024

Discounted Cash Flow (DCF) Analysis: A DCF model is often used to estimate the intrinsic value of the company based on projected future cash flows. For example, lower interest rates may lead to higher asset inflows into equities and lower bond returns, impacting the management fees.

Asset Management 52

Asset Management Management Valuation Discounted Cash Flow 52

Mergers and Inquisitions

JUNE 21, 2023

If you’re interested in the Middle East or have connections to the region, all this hype has probably made you wonder about finance careers there. Another selling point is that when other regions are doing poorly, Dubai often performs well and acts as a “counter-cyclical” finance center. 7,200 | U.K.: 3,200 | U.K.: ~500 standards (i.e.,

Investment Banking 105

Investment Banking Bank Banking Investment 105

Peak Frameworks

MAY 2, 2024

If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course , which help thousands of candidates land top jobs every year. Valuation Techniques: Employing discounted cash flow (DCF) and comparative analysis to ascertain the target’s value.

Mergers 52

Mergers Mergers and Acquisitions Financial Analysis Discounted Cash Flow 52

Mergers and Inquisitions

JANUARY 10, 2024

By contrast, investment banking is more about advising companies on transactions such as M&A deals , equity and debt deals , and restructuring. 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.

Investment Banking 59

Investment Banking Management Bank Banking 59

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. Again, LevFin is the exception and provides realistic exits into private equity, direct lending , mezzanine , etc.).

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

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. Others operate more like funds of funds and delegate much of the investing process to private equity firms, hedge funds, and other asset managers. Take little-to-no risk.

Recruitment 59

Recruitment Funds Private Equity Investment 59

Mergers and Inquisitions

JULY 19, 2023

If you’re interested in long-only hedge funds, you should ask a different set of questions: Do these long-only funds offer any advantages over strategies like long/short equity ? Theoretically, an equity fund could be long-only and manage its risk by buying stocks that are negatively correlated with the market.

Funds 52

Funds Asset Management Management Equities 52

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. So, expect a lot of quarterly financial projections , quick public comps , and simple DCF models linked to specific catalysts. Do Multi-Manager Hedge Funds Deliver?

Funds 104

Funds Management Recruitment Portfolio 104

Devensoft

AUGUST 22, 2023

As opposed to merely focusing on the market capitalization, which only accounts for the company’s equity value, the Enterprise Value Calculator considers the company’s debt, cash, and other financial liabilities. Discount Rates Discount rates are used in the DCF method to determine the present value of future cash flows.

M&A 52

M&A Valuation Utilities Mergers and Acquisitions 52

Mergers and Inquisitions

SEPTEMBER 20, 2023

So, you could mention a related job, such as strategy, finance, or business development at a portfolio company, and say that you want to return to VC at a higher level eventually. Q: Why not private equity, growth equity, hedge funds, or entrepreneurship? Q: What are your strengths and weaknesses?

Capital 59

Capital Valuation Investment Portfolio 59

Mergers and Inquisitions

JANUARY 22, 2025

We sometimes get questions about why we dont offer an equity research course. People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. IB is all about deals , while ER is all about coverage.

Investment Banking 64

Investment Banking Equities Bank Banking 64

RKJ Partners

AUGUST 6, 2017

Below are the six recognized methodologies with short explanations of each: Discounted Cash Flow (DCF) Analysis: This analysis derives an ‘intrinsic’ value of a company. The method assumes leveraging, whereby the cash flow of the company is used to pay-off the debt—ultimately building equity.

M&A 40

M&A Valuation Mergers and Acquisitions Discounted Cash Flow 40

Cooley M&A

JULY 9, 2021

January 2020) +12% DCF Private target; unreliable sales process Final (affirmed on appeal on January 22, 2021) Synapse Wireless (VC Slights – Del. July 2020) -50% DCF Private target; unreliable sales process; no pre or post-signing market check Final (petition for reargument denied on December 1, 2020).

Mergers and Acquisitions 52

Mergers and Acquisitions Sale Shares Entertainment 52

Mergers and Inquisitions

NOVEMBER 20, 2024

This site has already covered investment banking interview questions , private equity interview questions , and venture capital interview questions , so the next topic on the list seemed to be growth equity interview questions. Q: Why growth equity? Q: Walk me through your resume.

Private Equity 59

Private Equity Equities Capital Valuation 59

Mergers and Inquisitions

MARCH 5, 2025

Its more of an industry focus at the intersection of several other strategies , such as long/short equity , event-driven investing , and even merger arbitrage. While plenty of bankers and equity research professionals from healthcare teams enter biotech hedge funds, people with advanced degrees (M.D., or Ph.D.),

Funds 64

Funds Healthcare Mergers and Acquisitions Valuation 64

iMerge Advisors

APRIL 9, 2025

Are you preparing for a sale, raising capital, issuing equity to employees, or planning estate transfers? Discounted Cash Flow (DCF): Useful for businesses with predictable cash flows, though less common in early-stage or high-growth SaaS due to forecasting uncertainty. The Software Company Valuation Process: Step-by-Step 1.

Valuation 40

Valuation M&A Discounted Cash Flow Business 40