Best Coverage Group for Restructuring Prep?
Attempting to lateral into a restructuring group for full time and was curious as to what coverage group positions you best for recruiting. I would imagine FIG would be the top because of the balance sheet driven modeling or maybe product groups. Does your SA group even matter? I assume bank prestige is more important.
Not sure if it's relevant but I did an internship in LevFin and all RX groups I interviewed (for SA) for seemed really interested in my profile.
How’d you go about explaining your interest in switching groups? I’d imagine it’s not really that deep going for a SA role but did they ask you about it?
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