TAS Interns

I've read the I-Banking vs. Big 4 TS thread and know the difference between them, but for all the Monkeys who have done a TAS/TS internship, what did you actually do? Were you able to pick up any relevant experience? Any insight would be great. Thanks.

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  • Created valuation models
  • Worked on several due diligence projects
  • Created hundreds of client presentations
  • Excel was my best friend besides Powerpoint
  • Left office after 12pm several times
  • Learned how to drink more than 5 cups of coffee per day
  • Quote from Lazard Recruiting: "After you have gained first relevant experience in this field, we would like to invite you to a first round interview"

Yes, you learn a ton of things which are applicable. I am talking about a TAS intern position and IB recruiting in Germany, so take it with a grain of salt.

 

@PlusMinus: It was Transaction Advisory Services, based within CorpFin. CorpFin consists of M&A, TAS and Forensic Investigation Services within this Big4 in Germany.

 

I received an offer for an internship in TAS at one of the Big4 in Continental Europe. I guess the work would mostly consist of Financial DD. Would you say that this internship would give me a chance to get an internship with some decent IB's + BB's or is it just not worth it?

I have a final round interview lined up this week with a small M&A Boutique (no Elite Boutique or something comparable with a high reputation. The Boutique mainly does small MidCap deals..). In case that I get an offer, should I take the Boutique offer over the TAS offer?

Assuming that I don't get an offer of the Boutique, would you choose the TAS internship?

 

Boutique IB > TAS internship - but if you don't have any other offers: go for the TAS internship if you don't land an offer with the boutique.

 

Thanks for your advice Leeteasy. You said you were in TAS. Which group of TAS were you located in? Restructuring, Transaction Support, Valuation and Business Modelling, ... ?

@all: Any other thoughts on my question?

 
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