Does my summer internship role count as Investment Banking

Hi guys,

I have an internship at a boutique shop in Europe. They are a specialist exclusively in M&A advisory (ie take on sell-side clients and then sell them to PE and other institutional investors), basically and broadly speaking. Does this mean I’m a summer intern in investment banking by definition? I have it idealised as summer intern in M&A Advisory but not sure if the “investment banking” part of it comes into play as it’s not a traditional investment bank, just pure play sell-side advisory

 

Investment banking originated as helping companies raise capital. Later on, many investment banks added M&A advisory as a service because it proved to be lucrative. Pure M&A advisory firms are not investment banks, and thus it is not investment banking.

Similarly - this is essentially the same reason why transaction advisory at a place like PwC or Deloitte is not categorized as investment banking.

 
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Mate, are you genuinely braindead? Okay big4 guys are not bankers but what your'e implying is that cvp and evercore guys can't call themselves investment bankers wtf lmao

 

I think for the sake of title or resume you could get away with Investment Banking Intern though. I mean nowadays M&A is a huge aspect of any investment banks and what people perceive investment banks to be and most EBs are purely advisory services and everyone calls them investment banks since they are

 

LMAO what? Intern quality really is getting worse by the day? Obviously working for an M&A advisory boutique is investment banking. In fact, its arguably the 'purest' form of investment banking other than ECM maybe

 

Analyst 1 in IB - Gen:

LMAO what? Intern quality really is getting worse by the day? Obviously working for an M&A advisory boutique is investment banking. In fact, its arguably the 'purest' form of investment banking other than ECM maybe


😂relax. I’m well aware that those who are in M&A at both BB and EB are undoubtedly investment bankers. Let’s take a small boutique shop, 10 people let’s say. They advise on deals between 1mil-20mil in value. At that point the deal value is so small that I’m putting into question whether or not they can really be called “investment bankers” when A) the shop is so small in size and B) the deals are tiny. Would you yourself really call them investment bankers? That is what I am really looking to be answered

 

Sorry about that, the private credit guy you was talking to above just agitated me I guess. Yes, I would still classify you as an investment banker, the scale of the deals isn't in the definition. You're just an L(!)MM investment banker

 

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