I somehow landed an ER internship with a global bank starting in a few months. How does one best prepare for this? Would something like BIWS or WSP be a good option? I study Economics and have an okay level of understanding when it comes to corporate finance concepts, but have little experience modelling or doing ER reports (I really clutched the application process for this role).
Deleted. I want to delete his. Can’t work out how. 49 characters left... blablablablablabalblalalallala
| +81 | Q&A - Buyside Equity Research Analyst/PM | 29 | 1w | |
| +32 | How the heck do you learn all of this stuff? | 10 | 4d | |
| +28 | My experience on the sell side | 20 | 3w | |
| +24 | Clues in Financial Reporting Analysis | 7 | 6d | |
| +17 | Am i fairly compensated? | 9 | 1w | |
| +14 | Data Science to PM | 8 | 1w | |
| +14 | Heard they don’t model at Oppenheimer | 10 | 2w | |
| Equity Research at Bank vs IG, High Yield & Leveraged Loans Research at Asset Manager | 4 | 5d | ||
| +12 | ER - Remote Jobs? | 8 | 1w | |
| +11 | Who uses sell-side Strategists? Are they valuable? | 4 | 1w |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
What bank?
Think a major bank based in another country (BNP, BMO, Macq, Nomura)
BIWS is more comprehensive, I think WSP prob good enough for ER purpose, but doesn't hurt to overprepare, just do the basic course is fine, no need to do those big M&A / LBO module.
Do you know what sector you will cover? If so, read sell-side reports on that sector to know what key metrics the analysts write about. Feel free to PM me if you have specific Qs.
TMT
Ask the analyst you’ll be working for for some of their thematic pieces / initiations / primers when you’re about 3 months out. Depending on your coverage, BIWS may just not be that relevant (thinking for FIG, REIT, biotech, maybe O&G). Whatever your analyst has on the shelf should be solid for your to use to get a background on what you’ll be working on. From there, do your own due diligence trying to google your questions and go down the rabbit holes to learn your space.
Delectus officia placeat consequatur eveniet sapiente laborum voluptas. Rerum et nesciunt sed nesciunt et quia. Recusandae nostrum dicta sunt quis velit neque. Laudantium id deleniti aliquam id illo aut.
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...