Restructuring for sophomore summer
Hello, Rising sophomore at non-target. Im really interested in restructuring and distressed debt investing. I want to get as much experience in the field as soon as I can. I dont care about big name banks for a sophomore summer, i just really want to dive into my passion. Is there any sophomore summers that offer restructuring that are unknown? If there isn’t, I’m really thinking of just reaching out to small restructuring firms in my area and other places. From there I hope to get a bigger name bank for junior year to get a full-time offer from there (PJT, Jefferies, Centerview, PWP, etc). Is this a viable plan? Also, any advice or book recommendations for restructuring will be greatly appreciated. So far, I have distressed debt analysis by moyer and have read a couple pages of it. Thanks in advanced.
look for small boutiques in your area that do restructuring, turnaround, or special situations.
BTW, that is a random medley of names you've listed as "big" firms. Would encourage you to do your research when applying for junior summer.
RX technicals should be a priority for you now if you want to land PJT/EVR/HL your junior summer. Have seen non-targets in EVR/HL, but truly have to be special in terms of technicals and preparation.
will definitely do more research into firms, i just listed the ones i knew for-sure did rx. ive been doing WSO restructuring courses and reading distressed debt analysis so far. Can I also ask how your experience has been as an intern in rx? Thanks again
dm
Hello, I'm a rising sophomore looking to go into restructuring. Have a freshman internship right now at a turnarond consultancy but would love to work at another rx firm next summer. Any chance you could DM me to share you're experience in rx? Thanks in advance for any help you can give.
I’m in one of the firms / rx teams you mentioned above. I like your passion. PM me your cell.
Hello, thank you! Cant PM you as you’re anonymous. Can you PM me please?
del
PM me too?
Hey, i’m a rising sophomore at a non-target currently interning at a traditional M&A investment bank but trying to learn more about restructuring as i’ve found that it is the field in which i’m most interested. It would be super appreciated if you could PM so I could ask a couple questions. Thanks!
Couple pages of Moyer sure do dial up the passion
LOL literally all of these incoming sophs read 1 page of moyer and think they know they want to do RX
Very brave of this intern to shit on a soph trying to learn about rx under his anon title
i started learning rx technicals late june early july. thought the book would be a good read so
del
I don’t mean to offend at all, but wouldn’t it be better to try and go for M&A from a non-target? I did an SA at an EB RX group and the worst school in my class was NYU Stern. RX classes are very, very target heavy with little room for semi-targets, let alone non-targets. To maximize your odds of breaking into IB, wouldn’t it be wiser to recruit for M&A instead of RX? Just a thought, don’t mean to sound arrogant but more so realistic at how slim the odds are for a non-target.
pjt?
Yes, but friends at other EB RX groups have said the same thing regarding schools
I get that 100%, just wanted to see all the options before learning M&A math lol. will definitely think about M&A if all else fails.
in the same boat as you, was wondering if there are any boutiques in nyc/chi that offer distressed/rx opportunities for rising juniors
Fuga iure sed maiores rerum tempora eum aut. Perferendis eum consequatur quasi totam. Iste impedit aut quia itaque et quis.
Qui officia voluptatem at et. Qui expedita minima consectetur ut. Voluptatem enim nostrum doloremque nam aut. Dolores modi ratione quia enim eaque neque. Velit recusandae pariatur suscipit fugiat dolorum consequatur.
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...