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I know a few engineers that have made this switch to high-level finance positions (IB, hedge funds, PE) and the common consensus that I got from the group was that back story matters more than anything. Of course you need to know the basics of finance (3 valuation methodologies, accounting rules, etc.) but it really comes down to your reasoning for "why banking?" and "why the switch?"

My impression is that these firms know that engineers are smart and can pick up basic financial knowledge quickly but you never know.

 

Is this for an A&D role and, if so, would you be on the technical side or finance side? Tons of people in A&D have reservoir engineering or related backgrounds, so your situation is not uncommon.

So if it's a technical position, you'll be fine. If it's finance within the A&D practice, read up on how to value E&Ps - it's generally a bit different than normal companies - and use your technical background to your advantage in articulating value drivers for E&Ps.

If it's just general O&G IB that can span services and midstream too, I'd read up on the MLP structure (and about the tons of simplification transactions happening recently) and the various segments of services. And valuation methodologies for all of the above.

 

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