I'm looking to go back to school for an MBA, and I've been researching post-MBA careers. I haven't seen much about this topic on here, and I was wondering if anyone worked in this field or was familiar with it. I thought it looked pretty interesting, but can't say I know anyone involved. Much appreciated.
Trending Content - Investment Banking Forum
| +392 | Evercore Intern Seizure | 60 | 2h |
| +78 | JPM M&A is Gone??? Purely Coverage Banking??? | 35 | 13h |
| +57 | How do I understand vs. just memorizing? | 11 | 23m |
| +48 | Losing my personality in Banking | 9 | 1d |
| +42 | Associate & Above IB exits | 18 | 2h |
| +39 | The good and bad with Wells Fargo | 8 | 38m |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 12 | 43m |
| +30 | Tech to IB Pivot | 20 | 13h |
| +28 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 18 | 4h |
| +27 | Which groups are ideal for laterals? | 12 | 1d |
Career Resources
I worked in project finance during the summer of my MBA - my take is that if you are interested in big capital projects, it can be interesting but for me the deal process was just SO SLOW I couldn't take it. Project finance models tend to be much more complex and detailed as 1) the debt is non-recourse so the lenders require greater precision; and 2) a lot of the variables in the P&L are contractual so if you like the technical side of modeling it could be for you. As energy/infra as an asset class attracts more investment, there should be plenty of opportunities in the space but i think compared to M&A the working environment is far less dynamic. At assoc/VP level the comp is similar to M&A but I think you'd get left behind as you move up the chain, even if you jump to the buyside.
Thanks. So did you ultimately go into M&A after that internship?
I started working on a PF transaction shortly after I was hired in summer 2015, and we STILL HAVEN'T CLOSED.
i went into EM PE
Project Finance in Energy, PE in Energy - your pick? (Originally Posted: 07/27/2011)
If you had a choice between these two, which one would you pick? Please tell me why.
PE - $$$
can you define project finance? Is that basically IB?
Depends. Are you more debt-focused and into sales or are you more into principal investing?
More information would help...
Project finance can be a great business, especially at the senior level. The drawbacks at the junior level are:
I worked in the PF/principal investment group of a large corporate (think GE/Siemens) then moved over to a sponsor to do traditional PF for energy projects. Now I mostly focus on M&A in the power space for another sponsor. Happy to answer questions.
I would agree with NuckFuts that it is a pretty niche skill set if it is a pure PF role. It is tough to move out of a role that has nothing to do with PF, but there are options. I have seen people go to commodities, Energy IB, infra/energy focused funds, utility/IPP corp dev team, and to project developers to name a few.
Optio nisi ut saepe vel quas. Unde ex distinctio dolores sint. Soluta exercitationem mollitia sunt est nostrum non esse.
Et rerum itaque esse. Dicta voluptatem unde dolore culpa illo itaque. Blanditiis delectus inventore fuga magni iste quae alias.
Sapiente ipsam sed fugit libero quo et tempora. Ipsam aspernatur earum debitis est facilis ducimus.
Nihil dolor qui eum minima autem eligendi dolor. Provident sed blanditiis hic est consequatur sunt.
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...