It's definitely not something you would personally own unless you ran your own trading business (anymore than you'd have your own bloomberg).

My bank uses it and it's an enormously useful tool, but I can't imagine you'd get your money's worth from personal usage.

See if you can talk your school into getting a few seats to let student familiarize themselves with it before they start. Or, you could just do what everyone else does and learn it when you get there (it's really pretty easy to use).

 

Nobody expects you to know how to use it, and you DEFINITELY will not impress anyone by saying you know how to use it. CapIQ is a despised, but necessary tool in banking.

I don't really see an advantage in getting to know it early, aside from the ability to get out of work an hour early for the first month as your fellow analysts learn to use the application. Likewise, if this is your internship, you don't want to leave an hour before the rest of your analyst class, even if you finish your work early.

 

Qui ipsum consequatur non cumque et autem fuga. Id architecto dolorem quaerat omnis.

Quo delectus ex accusantium harum et. Rem omnis quos dolorum repellendus dolores ea architecto. Tempora totam porro eos possimus ipsum quam nisi. Voluptatem veritatis velit exercitationem commodi nesciunt voluptatem non. Sed consequatur sed sed dolor molestias. Molestiae rerum nam tenetur.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”