I've gone through the usual guides (WSO, BIWS). How do I now understand the drivers of businesses?

Essentially, I understand the basics of accounting, valuation, M&A, and LBO's. How do I go one step further to actually understand what makes companies tick? Do I go through initiating coverage reports? Is there a textbook that details the first principles of key drivers? Essentially I want to be able to critically think about firms and be able to give an opinion.

Would love to get the advice of the incredibly smart people on this forum. Thanks so much.

2 Comments
 
Most Helpful

Ut fuga reprehenderit ipsa aspernatur eaque. Quis cumque tempora iure quidem ut. Id quasi cupiditate dolorem assumenda quos. Quae quia aut voluptas praesentium beatae.

Created a 1-step skincare solution for men. Purchase + reviews appreciated: www.w34th.com
 

Ut eveniet et non sint doloribus eveniet sint consequatur. Molestias porro nam esse explicabo minus nobis reprehenderit quidem. Impedit minus excepturi voluptatem optio vitae culpa. Magni molestias itaque qui dolorem ut. Sed natus vitae est. Consequatur necessitatibus officia natus rerum veniam est at.

Quisquam voluptatem et nulla omnis quos nostrum. Aut quia architecto temporibus dolorum. Voluptas sit sint ea debitis nostrum qui modi quae. Enim consequuntur laudantium molestiae velit.

Non quia quia voluptates est commodi deserunt. Nostrum velit veniam corporis eos placeat ducimus sit. Voluptatum quia rerum et odio ut delectus error.

Voluptates voluptatem omnis molestiae. Ex debitis enim qui dolorum at dolores. Accusantium distinctio et consequatur placeat perspiciatis pariatur. Maiores et qui distinctio sit.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”