Difference Between M&A at consulting firm and investment bank
What exactly is the difference Between M&A advisory group at a consulting firm in terms of functions and responsibilities and at an investment bank?
What exactly is the difference Between M&A advisory group at a consulting firm in terms of functions and responsibilities and at an investment bank?
+163 | How to stop feeling like shit for not making it in IB? | 60 | 11m | |
+120 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 3h | |
+85 | Updated LA Banking Scene (2024) | 61 | 17m | |
+39 | Ranking banks that went under | 24 | 12s | |
+38 | Burnt Out M&A ASO | 20 | 16m | |
+35 | Relevance of A-Levels for U.K. London recruiting | 24 | 4h | |
+32 | A strategy for SA applicants late to the game like myself | 15 | 1d | |
+27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
+27 | Intern Ettiquette | 4 | 1d | |
+23 | What are hours like at BBs in London? | 47 | 1d |
Career Resources
Some similar work in terms of analysis but at different sides of the table. At a M&A consulting firm you usually consult a party on which deal might be better or alternatives. Consultants also might work with the board of directors. M&A in investment bank is pure selling deals. I never worked in either but know people who did.
Consutling M&A vs Investment Banking M&A (Originally Posted: 08/09/2013)
I am currently a junior studying finance and am in the process of deciding what career path to take. I am particularly interested in Mergers and Acquisitions.
Can someone please go into details about the differences between working in the M&A practice of a consulting firm vs. the M&A group at an Investment Bank?
Thank you!
I think that consulting firms will help companies form strategies that may lead to acquisitions, but I have yet to see a consulting firm actually advise on an actual deal. That's when the banks step in.
Consulting firms very frequently advise on deals. McKinsey has been on both of the deals I've worked most extensively on. Almost always, the banks are told to use the assumptions provided by the analysis done at the consulting firms for the models.
Please be aware that M&A is very broad in itself and has various stages. MBB will most likely get the strategy work to identify targets, etc and as EarLoab suggested, can also advise on the deal as well. A lot of other consulting companies will step in post M&A, or during M& A integration (i.e. IT integration, people & Change, operations etc.) all those areas that aren't as finance-heavy are still considered M&A, so just be careful.
Difference between M&A consulting and investment banking in M&A (Originally Posted: 11/17/2015)
Hi
I want to understand the difference between the job of an M&A consultant and an investment banker working on an M&A deal.
Essentially what would be the difference in roles between a consultant at Deloitte and any investment bank, say, JP Morgan.
Thank You
Exercitationem harum nihil numquam porro. Quia similique fugiat veniam itaque quibusdam. Voluptatem aliquam ipsum doloremque suscipit et accusantium deleniti. Eum quis ullam fugit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...