Hey guys,
I was wondering if anyone could give me some insight into Baird's Government & Defense group in DC. I just applied to their 2024 SA program and was hoping to find out how they stack up against other MM in terms of deal flow, exit opps, culture, etc.
| +197 | Americas M&A League Table Q2 Updated | 79 | 3h |
| +131 | Restructuring: Anti-climactic Experience | 34 | 1d |
| +101 | IB Net Worth / Savings Check | 48 | 32m |
| +91 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 24 | 13h |
| +80 | Stop sleeping on UBS - it’s pretty good | 26 | 2h |
| +52 | 2026 VAULT PRESTIGE RANKINGS | 29 | 1d |
| +39 | AI + Financial Modelling | 12 | 1d |
| +28 | Summer before college | 17 | 13h |
| +28 | Hardest interview experiences? | 16 | 22h |
| +26 | Current State of UBS in North America | 8 | 2d |
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.
Very strong group. The two main MDs (Jean and John) are probably the best MDs in the MM government services sector and make it rain. You'll get great M&A reps there. Culture is solid among the juniors and seniors, but exits are lacking (group as a whole discourages recruiting for PE).
Thanks for the insight. Is the deal flow mainly services?
Deal flow is mostly services. They do a range of transactions and you would see some HC, tech/cyber, consulting, etc. G&D is a wide-reaching group.
Thank you. That is very helpful. What are the exit opps typically for this group? Investor relations?
I know they have a good relationship with Carlyle. They like internally promoting, so try to discourage exits at assoc level and up, but if you are at the analyst level and want to leave, they will help set you up with PE contacts.
Awesome group, really good people. Probably the all-around best IB group in DC/MD/VA. If you're interested in A&D check out KippsDesantos as well. I think Jefferies also has an A&D group in DC, as well as Houlihan. Though Houlihan's top bankers are now at Baird.
PE exits aren't massively wide-ranging, but there are a lot of awesome Corp Dev roles with the major Government Contractors around the beltway.
Second this, if you are interested in anything at the intersection of government and finance this is a great place to start your career. Also great if you want to be a career banker as I know they like to promote from within.
Jefferies ADG is in Charlotte, and HL ADG is between DC and LA (although the lead rainmaker of the group left recently).
Jefferies ADG is split between DC, Charlotte, and NY.
Hey, also applied. Wasn't able to talk to anyone but does anyone know what the timelines are?
I heard late March for first round interviews, but might be different between target vs non target.
Perferendis minima doloremque nemo quo deleniti debitis. Quas laborum rerum quo velit consequatur. Non dignissimos officiis inventore sequi.
Est doloribus quia error omnis itaque voluptatum et. Odit perferendis id ab velit et atque harum sunt. Soluta ut qui nisi porro cumque vitae. Porro quia dolores error quos. Enim possimus nihil optio quaerat voluptatem.
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...