Prep for RX SA
Going to an RX group next summer, what're some things I can do now to help me do well? I'm mainly curious about the modeling aspect of things
Trending Content - Investment Banking Forum
| +234 | UBS Healthcare | 49 | 1h |
| +65 | UBS MDs Treat Employees like Dogshit, Data to Prove it | 9 | 12h |
| +59 | More diversity needed in the industry | 11 | 2d |
| +57 | Shana tova - happy new year | 9 | 1d |
| +48 | NYC Wall Street Run Club | 13 | 2d |
| +24 | Lost all ambition / don’t care at all anymore | 7 | 6h |
| +21 | Feeling a bad pattern forming. I need some help | 3 | 3d |
| +21 | What is the role of an analyst at your firm? | 1 | 2d |
| +19 | Reaching out to interviewer who rejected me | 2 | 3d |
| +17 | "Don't include firm in Cover Letter's file name" | 5 | 23h |
Career Resources
Based on the most helpful WSO content, here are some key steps to prepare for an RX (Restructuring) group internship, particularly focusing on the modeling aspect:
Excel Modeling Proficiency:
Financial Modeling:
CapIQ and Other Databases:
Business News and Industry Knowledge:
Networking and Deal Awareness:
Note-Taking and Summarizing Skills:
Training and Responsibilities:
By focusing on these areas, you can enhance your preparation and increase your chances of performing well in your RX group internship.
Sources: Why You Should Consider Restructuring – Common Misconceptions/Insight on RX Groups, Why You Should Consider Restructuring – Common Misconceptions/Insight on RX Groups, Advice on recruiting for Rx groups Post-MBA, How to prepare for summer ASSOCIATE internship, Advice on how to perform well during a virtual summer internship
In my opinion it'd be most useful to understand how the deals could work.
I'd recommend you look at some high profile chapter 11 dockets. In most cases there is a banker, some make declarations describing what they did in the process, all have valuation exhibits (some have details, others don't).
The modeling isn't anything special, 3 statements, sometimes 13-week (but that's more rare), and recovery modeling. Make sure you understand the basics but I would spend more effort understanding why you're doing the things you'll be doing.
Would recommend reading the DS of the mandates ur bank has worked on. Also u could look at application for fees to see which banker has worked on them so u can have great questions to ask when u guys grab coffee.
Delectus optio qui consectetur omnis. Minima quibusdam deleniti laborum qui qui dolores. A veritatis omnis est deserunt nobis.
Nobis consequatur esse ipsa doloribus expedita. Nulla vel architecto veritatis inventore nobis. Dolor id deleniti molestiae expedita quod. Est voluptate delectus nemo tenetur.
Similique non sapiente nihil maiores dolorem. Ut cumque et et neque. Vitae autem aut dignissimos est consequatur nisi. Accusantium ad error molestias enim commodi.
Dignissimos magni earum et qui voluptatum quia laboriosam libero. Voluptas dolores molestias nulla qui. Impedit delectus officiis voluptates omnis iusto iusto ex autem. Sint maiores magnam asperiores error vitae a. Dolorem voluptates quo eum illum fugiat itaque magni est.
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...