Comprehensive list of IB analyst tasks
When asked in an interview to describe an IB analyst's day to day, what's the comprehensive list of things to mention?
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I wouldn't worry about getting an interview. You clearly don't even know how to use Google.
Surprised OP knew how to read enough to MS you
OP here—nope, I'm not petty in my use of the internet like he is—I absolutely was not the one who MS'ed him. With more critical thinking, he could have figured out that I was asking real human bankers PRECISELY for any OTHER extra thing I might have missed from google search alone (which is the point of WSO).
I don't see why people feel the need to bully people's motivation for asking questions that don't bother them / are not to the face – the world is made up of humans, not machines
Buy-side advisory:
Compile industry research and target company information on the potential target list
Run high-level valuation, synergy analysis, ability-to-pay analysis
Oversee fairness opinion work, keep the data room updated
Sell-side advisory:
Creating buyer lists with contextual details, building teaser, starting the CIM, coordinating due diligence items
Narrowing down buyers list to serious parties
Help answer buyer requests
Prepare, organize, etc. data room
Run tracker
Work with company to create files to meet buyer requests
Attend meetings to ensure follow-ups
Prepare supplementary presentations
Analyze LOIs and summarize for client(s)
Track diligence questions, run analyses to contextualize value in binding bids
Support fairness opinion
Thanks
Sending out hella calendar invites
Leveraged Finance Analyst Tasks (varies by bank - some of the work items listed below may be handled by FSG, credit or workouts/restructuring depending on the firm or the respective deal team’s work capacity):
Comps - leverage comps - covenant comps - credit agreement comps - precedent transactions - comparable debt trading levels - HoldCo comps
Modeling - deleveraging (debt pay down) - LBO - Moody’s model - S&P recovery - 3 statement
PPT - lender presentation - company overviews - sponsor overviews - term sheets - pitch decks
Miscellaneous - bond / term loan holder analysis - cap tables - workout analysis - liability management - scanning credit agreements / indentures - scanning credit rating reports - checking Bloomberg - legal governance research - DD trackers for live deals - updating various internal databases - managing VDRs
OP likely applying to Rothschild SA 2025 in London as they released their application (and this exact question) day before he posted 😂
Supported further by the fact that OP did not include United Kingdom in his regional tags
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