Valuation analyst to Investment Banking
Hi,
I was wondering what the exit opportunities are for someone working as a valuations analyst at a firm like Duff & Phelps or BRG (Berkeley Research Group) and how hard will it be shift to investment banking? As the valuations work experience helps improve financial modelling skills and might be involved in providing fairness opinion, I am guessing that an analyst there would still have a shot at IB jobs? Any thoughts or advice would be highly appreciated!
Thank you!
You're in a great place if you want to hop to an ib shop. Emphasize the transaction experience and fairness opinion projects that you're on. The purchase price allocations/common stock valuations/goodwill impairment tests, although good experience, are much more accounting focused and kind of a turnoff for bankers. Good luck