How do people prep for Rx interviews?
Would be grateful for advice on which resources to use to prepare?
(Most of the traditional IB guides do not cover Rx)
Would be grateful for advice on which resources to use to prepare?
(Most of the traditional IB guides do not cover Rx)
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+16 | good fundamentals, bad chart | 8 | 1d |
Career Resources
Having a basic understanding of the different liability management exercises / what you can solve for, covenants, the differences between creditor and debtor engagements (depending on the shop, there can be a heavy skew towards one or the other), and knowing capital structure dynamics (what happens to a certain tranche in a given scenario).
HL does primarily creditor sides, PJT has a relatively even split between creditor and debtor engagements, and Lazard does mostly debtor although they are doing substantially more creditor work than they were a couple of years ago.
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