I am interning at the moment.
I thought, that M&A is tough becase of working longer than any other industries.
But I find that M&A is not challanging and not excited.
Are there any trainees, who think that way?
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it's not challenging or exciting unless you feel a connection to your work... either because you really care about your client (an MD might feel this way) or you ARE the client (both companies and investors) and are cheering for your team. M&A advisory does not give you a feeling of emotional satisfaction as an analyst and just drains you. At least that has been my experience. The prestige wears off and then you realize as a banker you are just a service provider, an intermediary. To you, outcomes don't matter, you are just part of the process. There is always a firewall between you and your client. It is not a wholesome career to be emotionally engaged in. After learning the ropes, you have to be in it for the money or thrill of competition for deal announcements, or you will be miserable
i think M8A is just a fucking joke. you waste so much of your time on unimportant shit like fixing footnotes and aligning slides that dont matter to anyone, you add no value to society, your service is commoditized, you are just a looter at the end of the day. on a mid market level where your clients have no idea wtf is going on bankers may add some value but who the fk wants to do mid market deals lol.
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