Prep for IB Internship

To prepare for creating "weekly market/industry trends" reports during your IB internship, here's what you need to know based on the most helpful WSO content:

1. Content Focus:

   • These reports typically highlight key developments in the market or industry relevant to your firm's focus. For example:
     • Major M&A deals or transactions in the industry.
     • Key financial metrics or trends (e.g., revenue growth, EBITDA multiples).
     • Notable news or regulatory changes impacting the sector.
   • Include concise summaries of the most critical updates, supported by data or charts.

2. Format:

   • One-Pagers: These are often preferred for quick consumption. They are broken into sections such as:
     • Market Overview: A snapshot of the overall market performance (e.g., S&P 500, sector indices).
     • Industry Highlights: Key news or trends specific to the industry.
     • Deal Activity: Summary of recent transactions, IPOs, or funding rounds.
     • Key Metrics: Charts or tables showing relevant financial data (e.g., valuation multiples, stock performance).
   • More Extensive Reports: If required, these might include deeper analysis, such as:
     • Detailed commentary on trends.
     • Comparative analysis of companies within the industry.
     • Projections or implications of recent developments.

3. Preparation Tips:

   • CapIQ Familiarity: Learn how to pull data efficiently from CapIQ. Practice running comps, transaction searches, and generating charts or tables.
   • Templates: If your firm has existing templates, study them closely. If not, create a clean, professional template with consistent formatting.
   • Attention to Detail: Double-check all data and formatting. Ensure charts and tables are clear and visually appealing.
   • Stay Updated: Read daily business news (e.g., WSJ, FT) to stay informed about market and industry trends.

4. Execution:

   • Start small by focusing on a few key sections and gradually expand as you gain confidence.
   • Use concise bullet points and avoid overloading with unnecessary details.
   • Be prepared to defend your data sources and insights if asked.

By mastering these elements, you'll be well-prepared to deliver polished and insightful market/industry trend reports during your internship.

Sources: Preparing for an IB internship, Week 3 of IBD Internship: The Pitch, What to Know on PowerPoint before IB internship, Week 1 of IBD Internship: Training, https://www.wallstreetoasis.com/forum/investment-banking/2017-investment-banking-report-8-key-trends-to-know?customgpt=1