Recruiting for SA25 — Really like RX — have been studying rxinterviews.com guides and started Distressed by Moyer recently, but given the heavily accelerated timelines, and considering my progress, should I keep studying for RX or should I just go back to grinding the normal process technicals?
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thats a question for you brother
U can learn the technicals in a week. It’s all a matter of how much u study and how good you’re at retaining info.
Fullsend RX
RX modeling tests usually just dont include a dcf (but can). The tests are more debt pay downs and funding needs/analysis for in and out of court restructurings.
I would run both simultaneously, another sub someone pointed out how many more spots there are for healthy IB vs RX. Exits are also generally more broad for healthy though you learn and model much more in the distressed space from experience.
Pm me if you have more questions
If you’re comfortable with RX guides and Moyer, regular IB technicals should be a piece of cake. It has been like that for me.
If you’re incredible at RX technicals, can do a basic LBO, and can form coherent sentences, you should be able to toast make superday (assuming you get the initial interview).
RX technicals are often open ended, so it’s “easier” to go above and beyond to show the interviewer your knowledge/interest
Shilling your $250 course to stressed out college sophomores is not cool. Idgaf if you claim you’re not the creator.
To any kids reading this, go buy the cheap $30 course, the name of which I will not mention here. You don’t need to overpay for this.
Plenty of kids ace the PJT RSSG or EVR RX technicals each year. Too many kids actually. What sets you apart is your behaviorals, how much you vibe with the team, and if you can go above and beyond to demonstrate your interest. I promise you all you need to learn is in publicly available guides and that cheap $30 guide. Beyond that, the interviewers just want to see that you’re thoughtful about your future career and you’re enjoyable to speak to and be around. RX technicals are not rocket science. You can learn them in a week or two, although I would not recommend it.
Would anyone recommend taking Tier 1/Tier 2 RX (ex. Guggenheim) offers over any IB offers due to better exits?
Gugg is a rising RX franchise and will give you great distressed experience. That said, on-cycle and headhunter judgement and group prestige is backwards looking and you may not have the best exits yet. On the other hand, Greenhill and Lazard, two franchises that have not been stellar of late, place very well. It depends on what you are interested in but personally as someone interested in distressed I would have taken PWP/GHL/Gugg RX over most BB’s. PWP is generalist SA however so that’s moot.
could you expand a bit more on what you mean by backwards looking? do you mean it’s not as supportive to exits?
..
Same boat as you, I’m still working on valuation haven’t started RX guides yet. Any tips or advice you have found helpful?
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