Australian EBs
Does anyone have any insights on Aus EBs - culture, hours, pay, exit opps?
Firms such as Grant Samuel, Flagstaff, Gresham, Luminis, Moelis.
Any insight is appreciated - cheers.
Trending Content - Investment Banking Forum
| +229 | Should My Intern Get a Return Offer? | 58 | 2d |
| +86 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 13 | 1h |
| +76 | Incompetent and annoying co-intern | 23 | 11h |
| +67 | Getting Laid in IB? | 28 | 2d |
| +66 | Intern keeps sleeping at work - what to tell them | 28 | 14h |
| +55 | Living in greenwich as an analyst? | 12 | 10h |
| +39 | NYC Associate Budget | 14 | 14h |
| +36 | Nauseous every morning for past 3 years in IB, anyone else? | 21 | 1d |
| +35 | Quick Thoughts on CVC AI Sale Process | 7 | 17h |
| +29 | Going out / social schedule as AN1 | 14 | 2d |
Career Resources
Wouldn’t recommend joining an independent advisory shop in Australia just because having a balance sheet is so important to winning deals in the region
I’d slightly disagree with this - Aus is so heavily based on relationships that it can be a fantastic experience at the shops OP named. BB will have a bit more consistency in deal flow, but when you are operating through multiple sector teams, this benefit is quickly eroded (on the individual / junior level)
Cheers for your replies guys. A lot of what I've heard agrees more with the relationship heavy nature of the industry in Aus.
How would a balance sheet affect winning a M&A mandate? Obvs I can see how it affects any ECM/DCM related activity, but I'm not sure what the benfits to the client would be in a purely advisory situation.
Luminis = Evercore - deffo go for them
From what I've seen, Luminis appears to be almost solely a MM shop in Aus and quite different from Evercore in the US. Do you know how the Evercore partnership comes into effect there/what it does in practice? I've also heard it's a bit of a sweatshop.
Magnam velit ut est aliquam in quia vitae rerum. Mollitia rem nihil accusantium odit eveniet. Laudantium labore maiores eligendi at cupiditate. Rem voluptatem magnam soluta omnis ratione consequatur. Error soluta nesciunt dolor sequi quia dolores.
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...