Hospitality investments to BB Investment Banking

Based on the most helpful WSO content, here's what you need to know:

Path from Hospitality Investments to BB Investment Banking

1. Current Experience:

   • Internship at a Large Hotel Group: Working in the M&A/hotel investment division is highly relevant and provides a solid foundation in M&A tasks.
   • Potential Opportunity in Hotel PE: This would further strengthen your experience in the hospitality investment sector.

2. Future Plans:

   • Master's in Finance: Planning to pursue a master's at top schools like LBS, ESCP, or HEC Paris is a strategic move. These institutions are well-regarded and can significantly boost your chances of breaking into IB.
   • Target Regions: Aiming for IB roles in Switzerland, France, the UK, or the USA is practical, given the strong financial markets in these regions.

3. Diversification and Compensation:

   • Diversifying Experience: While hospitality investments are accessible, gaining exposure to other asset classes will be beneficial. This can be achieved through targeted internships or rotational programs during your master's.
   • Compensation: Investment banking generally offers higher compensation compared to hospitality investments, making it a lucrative career move.

4. Previous Experience:

   • Infrastructure PE Internship: This adds valuable experience in a different asset class.
   • Boutique M&A Summer Internship: Provides a good understanding of M&A processes in a smaller setting, which can be advantageous.

Recommendations:

• Leverage Your Network: Use your current and past internships to build a strong network. Connections in the industry can provide insights and opportunities.
• Focus on Skill Development: Enhance your financial modeling, valuation, and analytical skills. These are crucial for IB roles.
• Consider Rotational Programs: During your master's, seek out programs that offer rotations across different sectors to gain diverse exposure.
• Stay Updated: Keep abreast of industry trends and developments in both hospitality investments and broader financial markets.

Conclusion:

Your background in hospitality investments, combined with a master's in finance from a top school, positions you well for a transition into BB investment banking. Diversifying your experience and focusing on skill development will further enhance your prospects.

Good luck with your career journey!

Sources: Thoughts on Starting Investment Bank/M&A Advisory for my Company, What do you guys do for lunch on the job?, Advice on career and the switch into investment banking, Q&A: Big4 Consulting to Private Equity, now M7 MBA, What do you guys think the catalyst will be for the next recession?