Hey Monkeys,

I currently work at what is probably best described as a fledgling IBD.

  • None of the employees have prior banking experience
  • Decent middle-market deal flow

Can anyone just throw out some advice or tips for what we should be doing? That sounds terrible but I would honestly like to hear anything you are willing to share, even the most basic crap that you learned on the first day of your internship.

Some specifics that I would really like to hear outside input on if anyone has time:

  • What goes in your pitch books (just a macro level rundown)?
  • What types of financial models do you use most frequently
  • When do you use those models?

How do you approach a new deal? What did you read when you were starting out? What's some of the best advice you've heard from a co-worker? What are some things that you ALWAYS do as part of a deal (the most basic of the basics)?

This is a great learning opportunity and I really want to help our department grow and refine its practices and deliverables.

All of our work is with lower middle-market companies. We do sell-side and buy-side advising (market research, analysis, marketing, target identification, pitching, deal structuring) along with raising capital.


The WSO Advantage - Investment Banking

Financial Modeling Training

IB Templates, M&A, LBO, Valuation + Learn More.

IB Interview Prep Pack

30,000+ sold & REAL questions Learn More.

Find Your Perfect IB Mentor

Realistic IB Mock Interviews. Learn More.

Comments (1)


To unlock this content for free, please login / register below.

Connecting helps us build a vibrant community. We'll never share your info without your permission. Sign up with email or if you are already a member, login here Bonus: Also get 6 free financial modeling lessons for free ($200+ value) when you register!

What's Your Opinion? Comment below:

Login or register to get credit (collect bananas).
All anonymous comments are unpublished until reviewed. No links or promotional material will be allowed. Most comments are published within 24 hours.
WallStreet Prep Master Financial Modeling