Need Advice - M&A Analyst (26years old)
Hello,
to give a background about myself, I am currently an M&A Analyst (6 months current) for a large firm in the airline catering industry, currently restructuring our portfolio by divesting out companies we do not see suitable and potentially will be acquiring some down the line. Prior to this I was a financial analyst for a software firm.
Although the current role sounds nice, in the last 6 months I was only exposed to 2 transactions, of which I am fully integrated in 1 divesture. This involved helping prepare a teaser (find and send the teaser to potential investors that would be aligned with the company we are divesting), an information memorandum, and a management presentation (which I prepared on my own). Asides from this, most of my tasks seem like mickey mouse ad-hoc BS that my manager and VP toss in my lap (doing surface level market research or translating a balance sheet in one currency to another). I have had little to no exposure to valuation which is why I initially took the position wanting to gain modelling experience. Although I am grateful for having seen firsthand a sell-side deal, I am getting the feeling that my time is being wasted here. Asides from this I am currently studying for the CFA level 2 (which now that I think about, seems like an additional time wasted compared to other stuff I could be learning).
Ideally, I want to get involved in a PE firm or a corporate development role where my role seems more meaningful; however, I am not sure if I am qualified for this.
Prior to the M&A role, I was a financial analyst working on JE's, reconciliations, and monthly/quarterly variance analysis.
Any advice is kindly appreciated, and thank you for your time reading this. If any clarification is needed, feel free to respond.
Regards,
Chimp
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