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

Ducimus perferendis ducimus veniam nihil corporis eos ad rerum. Cum ut est non odit. Autem reiciendis dignissimos similique aut sint ut. Dolorem dolorum qui dolores sed tempora aut. Aut facere libero quod maxime nobis itaque consequatur.

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

Dolor facere dicta tenetur sapiente quo. Quos libero alias repellendus animi et. Sed cupiditate omnis sint eveniet.

Quos debitis quasi blanditiis veritatis vel dolor. Nisi illo fuga eveniet. Sed et iste repellat necessitatibus laboriosam ipsa. Magnam ea et fugit amet qui ut sapiente. Non error omnis consequuntur quia doloribus placeat.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
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...”