Obviously ECM is dead - how are the other business lines doing in this environment such as DCM, M&A, S&T, RX, etc? Are IBs still functioning at a decent level and getting some deal flow done?
Thank you
| +236 | UBS Healthcare | 49 | 12h |
| +69 | UBS MDs Treat Employees like Dogshit, Data to Prove it | 11 | 4h |
| +62 | Shana tova - happy new year | 12 | 5h |
| +59 | More diversity needed in the industry | 11 | 2d |
| +48 | NYC Wall Street Run Club | 13 | 2d |
| +36 | Lost all ambition / don’t care at all anymore | 14 | 1h |
| +24 | What is the role of an analyst at your firm? | 3 | 4h |
| +21 | Feeling a bad pattern forming. I need some help | 3 | 4d |
| +19 | Reaching out to interviewer who rejected me | 2 | 3d |
| +18 | "Don't include firm in Cover Letter's file name" | 9 | 53m |
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.
Work in RX and am finally getting inbounds from recruiters after a very long quiet period if that helps
yeah wouldn't be surprised if RX perks up a bit...just wondering if everything is ground to a halt or business still being done at IBs
Appreciate your feedback
Deals have dried up. Recruiters and HR I believe are gearing up ahead of what they believe could be a wave of RX given the war and rates rising.
What's your background specifically in RX? RX IB? RX Consulting?
Curious to hear your thoughts on going down the low-tier RX IB route (JEF/Baird/Piper) or something like a top-tier RX Consulting firm (A&M) as an analyst.
Both actually so I’m well equipped to answer this and while A&M is better at what they do than the mid-tier banks - meaning they get better deal flow and work on better brand name deals - I would choose IB each time. Analysts who come into A&M from school do not get good experience. They aren’t utilized as much on deals because you can’t have them billing on work they aren’t doing. So I would definitely go Piper/Jef/Baird to get better experience and comp coming out of school. No doubt. Unless you want a very easy lifestyle but your first years out of school should be a grind where you’re learning and making mistakes and setting yourself up for success.
Very helpful, mind if I send you a PM?
Autem architecto aliquam explicabo aspernatur. Dolorem veniam ullam et repellendus omnis eos ut. Assumenda quidem velit rerum id aut officiis veniam. Quis debitis et earum.
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...