Hey guys, I hope everyone has been safe and well! I was curious if the amount of financial statement analysis, application of accounting and finance topics, and financial modeling/Excel work that an analyst does different at any two banks? So for example, is the job of an analyst at an EB more technical than that of one at a MM? Thanks!
| +542 | BofA Associate death? | 20 | 5h | |
| +149 | Investment Banking US League Table YTD 2024 (FactSet) | 84 | 5h | |
| +143 | Big Layoff at Barclays - 5/1/24 | 76 | 6h | |
| +87 | “Americans just work harder” | 53 | 18h | |
| +83 | Would comitting to ATL İB be stupid? Please give feedback. | 45 | 2d | |
| +69 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 7 | 35m | |
| +68 | Sleeping on Jefferies??? | 32 | 18h | |
| +66 | A shitter's comprehensive guide to sophomore year recruiting | 7 | 17h | |
| +59 | NEED NY RESTAURANT RECOMMENDATIONS | 38 | 2d | |
| +58 | What's up with RBC nowadays? | 24 | 15h |
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.
Not sure about EB vs. MM, but I think a lot of people consider a typical EB analyst to have more technical experience than a typical BB analyst. However, this is highly dependent on the group you're in. The technical exposure at a top BB group that runs their own model is comparable.
Best to ask about this in your networking calls.
Depends on bank and group. Banks w M&A specific groups will mean typical coverage groups will do less modeling since M&A usually owns the model. While this is the case, more niche modeling/valuation groups such as Power, Real Estate, and usually FIG tend to hold the model, so analysts in those groups tend to do more modeling than others.
Additionally, if your platform works extensively on the sell-side with the sponsor community, the sponsor will typically “own” the model while the sell-side analyst and associate work to vet the model in conjunction with the sponsor’s deal team.
The sell-side junior bankers may work on the creation and development of additional models, including revenue builds or cohort analyses. These sector-specific models can be used to support and supplement assumptions and forecasted financial performance outlined in the sponsor’s model.
Aut ex inventore unde dolor enim quos cumque exercitationem. Tempora sequi dolor et voluptatem. Repellat libero omnis praesentium dignissimos suscipit placeat. Qui rerum explicabo fugit quaerat molestias. Ut aliquam ut dolorum et fugiat dolorem et cum. Quod distinctio occaecati et officiis molestias ex.
Optio et iste itaque facilis nesciunt. Voluptatum fugiat non et amet. Nisi delectus veniam consequuntur unde qui tenetur dolorem labore.
Aut eum eos rerum corrupti perferendis deleniti expedita ut. Id at odit dolorem. Accusantium omnis quae harum unde. Tenetur eos est aut earum consequuntur officia dolores.
Excepturi quo dolores error. Quia numquam impedit sit amet ipsum labore. Et perferendis ut sequi expedita. Quis eveniet quos nemo 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...