Global Industries
(Monkey, 50
Points)
on 10/25/06 at 11:38pm
Could anyone provide insight as to what life is like in a Global Industries group? A lot of pitch book work, modeling, comps, industry research.... Any comments are welcomed. Thanks.





anyone????
anyone????
?
sorry, i'm not sure ...as an FYI, I will be making a concerted effort to get more ibankers and other finance professionals on the site in the next few weeks. I want everyone's questions to get answered promptly.
On the other end of the spectrum, people may get sick of telling someone "what their chances are"...so if a question is basic or just dumb, don't expect an answer (not referring to you pemonkey)
The search tool can save everyone a lot of time.
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Not sure...
what kind of answer you're looking for. Yes, to all of the above. At most BB's industrials are a solid group to be in but also one of the busiest. Lots of everything. Good exits all around. Some people enjoy the industrial space, but it can get extremely mind numbing reading a bankbook on corrugated packaging...
Yeah of course. The reason
Yeah of course. The reason I ask is that I will be in one of these groups at a top bank starting next year and just looking for some more information.
Also, I understand about people asking what their chances are. This is a genuine question though. Thanks for the replies please keep them coming.
Basically I am looking for
Basically I am looking for how crazy it will be, do people usually go to PE or industry afterwords, and any other information that may be useful. I know it is a very broad question but it is what it is...
Re: Global Industries
Could anyone provide insight as to what life is like in a Global Industries group? A lot of pitch book work, modeling, comps, industry research.... Any comments are welcomed. Thanks.
i dont really understand your question. i mean every industry group has pitchbook work, modeling, comps, etc. global industrials is no different.
in terms of exit opps, i think it is par or slightly below par. i know of guys in global industrials who went to top notch PE firms, but it obviously is harder to do that than if you were an M&A banker. i also know a few guys who went into industry, but the majority go into PE.
What kind of industry work
What kind of industry work have they gone into? Everyone talks about getting in PE but no one ever brings up the positions in industry. I am kind of curious to find out what people do after banking besides PE.
Also, as to your confusion with my earlier question. I know the typical role consists of modeling, comps, ect. but some heavily favor pitchbook writing and power point type work. In global industries I will probably being see all of the above with a little emphasis on pitchbooks. I am just trying to confirm this fact.
Well
There's alot of modeling and comp work that goes into pitchbooks anyways, so one follows the other.
life after IB...
started a thread about that today... hope folks chime in later.
Yeah good point GameTheory.
Yeah good point GameTheory. Thanks a lot. I am hoping to get a lot out of this position in the coming years.