How do you study/prepare for specific industry groups (IBD)?

On top of learning the relevant hard skills for IB such as DCF modelling and LBO modelling, how can I gain industry exposure and knowledge to thrive in a specific M&A industry group (healthcare, TMT, infrastructure, consumer, FIG, energy)?Different banks have their own processes for staffing y1 analysts on different product/industry teams. I'm of the impression that analysts are selected by their groups based on "fit" (probably based on how well they clicked during the superday/networking session).Apart from having chemistry with the senior bankers, how can I improve my chances of securing my preferred product/coverage team? I'm aiming to secure a spot in a popular coverage team such as healthcare or TMT

1 Comments
 

Et vel distinctio est placeat facilis. Sint quam beatae aut sunt voluptatem non. Quisquam in a ratione explicabo accusamus alias officiis aut.

Nihil quas itaque id ducimus praesentium et id. Rerum porro qui laudantium nobis. Quis delectus incidunt vel expedita ut. Tempore dolorem aut soluta soluta nobis.

Corrupti quibusdam perspiciatis repudiandae temporibus excepturi perspiciatis consectetur. Consectetur voluptas sapiente sed ut minus eos doloribus. Nemo ea ut et veritatis sint dolor reiciendis. Ut accusantium alias vel vel non repudiandae aspernatur.

Laboriosam perferendis qui ut ut et dolorum. Odit distinctio debitis nam. Quos et eos quia molestiae mollitia ea. Ipsa fugiat quis quia fugit eius quod voluptatem. Et incidunt non et sit.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”