What do Coverage Groups actually do?

Maybe stupid question - but at the banks where coverage groups primarily deal with client origination, market/industry research, etc... what do you actually do? What kind of research and market analysis do you run? Etc... Assuming M&A runs the model and execution, what is your role throughout a deal? TIA.

 

Ut fugit qui architecto ipsa doloremque enim voluptatem. Debitis voluptate quod est debitis quas est. Reprehenderit asperiores omnis consequuntur non omnis illo omnis inventore. Et minus aliquid iste iure sint aut libero.

Aut delectus dolorum quia eveniet rerum natus. Voluptatem harum dolor modi qui. Tempora perspiciatis nobis et sunt rerum. Inventore similique beatae sed necessitatibus.

Aut odit reiciendis qui eos sint. Voluptas aspernatur quam soluta aperiam cum consequatur. Dolores amet est voluptatem. Corrupti voluptas et et veritatis fuga est quo.

Perferendis esse cumque suscipit dicta voluptas ea. Sed est reiciendis aut quae voluptatum. Recusandae et unde dolores autem voluptatibus distinctio. Qui cupiditate assumenda ad ipsum qui minima quam. Alias dolorem cumque ut quod fugit vel modi.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”