I have an opportunity to join EY's Valuation & Business Modelling teams. Within the team there are a number of sub-teams. I am trying to assess which would be best for eventually moving into an M&A role. From reading the descriptions I have narrowed it down to the two groups below. Could anyone opine on which will provide the most useful experience? I initially thought the Modelling role. However, it seems like PPA/Fairness opinions come under Business Valuation. I'm not sure which team would be creating e.g. a DCF model, and I guess that is the most useful experience to have.
The valuation team advises clients on the value of businesses, shares, debt and intellectual property/ intangible assets, for various purposes. You will join a market leading practice and will learn to deliver solutions tailored to the needs of our clients based on knowledge of economic factors, an appreciation of the business and industry context, and the ability to get to the heart of valuation issues.
Led by senior leaders in our practice, you will work in teams to assist our clients with their business valuation requirements. In your first years you will complete different types of projects covering a variety of countries and industries within our focus areas of: commercial valuations for the purpose of acquisitions, disposals and mergers; tax valuations for fiscal purposes; intellectual property valuations of trademarks, brands, copyrights, patents and licences; expert valuations in litigation and dispute resolution cases; regulatory and accounting valuation for financial reporting purposes.
Business Modelling team has two main sub-teams; Transaction Modelling and Decision Support. You will have the opportunity to work on projects in both parts of the team. Success in this environment requires rigorous analytical techniques combined with exceptional communication skills and commercial acumen.
The Transaction Modelling team builds and reviews complex financial models for transactions, financial restructuring, and forecasting. The Decision Support team uses expertise to help clients make the best possible strategic and operational decisions by applying strategic thinking and quantitative rigour to unstructured problems.
You'll be adding value to client projects by applying your modelling skills immediately on joining. Your work will include meeting with clients to understand their commercial issues, building and reviewing complex models, interpreting the outputs and presenting findings. You'll work directly with clients' staff at their premises as well as in EY offices.
Thanks for the help,