IBD SA Team Selection
Hi,
Incoming intern at a BB here.
Does anyone know of any useful materials to gain a better understanding of different IB teams? videos, articles, other threads etc.
Thanks
Trending Content
| +165 | How to stop feeling like shit for not making it in IB? | 61 | 22m | |
| +121 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 6h | |
| +85 | Updated LA Banking Scene (2024) | 61 | 3h | |
| +40 | Ranking banks that went under | 24 | 3h | |
| +38 | Burnt Out M&A ASO | 20 | 3h | |
| +36 | Relevance of A-Levels for U.K. London recruiting | 25 | 1h | |
| +33 | A strategy for SA applicants late to the game like myself | 17 | 2s | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
| +27 | Intern Ettiquette | 4 | 1d | |
| +26 | How to overcome Sexual Attraction to PJT? | 8 | 2h |
Career Resources
In my view few considerations:
1) Product vs Coverage - Product is the most specific and in most cases is focused on exection, in coverage you get to understand industries better. Both are quite valuable, I prefer Coverage as you get to see more types of deals, and get to understand better business versus (seasonality, WC swings, why X is doing better than Y although similar products) your execution counterparts that may be focused more on capital structure, EPS accretion/dilution or process management
2) Now within these 2 buckets - is there sectors that you are more keen on - based on personal experience, interests, studies, geographies (ie are you from the midwest where there is a bunch of industrial companies etc), or products - is your bank great at one thing? LevFin? M&A? Want to do long term banking (ECM/DCM are great for that). Are you more interested in one type of deals (ie LBOs - go for sponsors, but may become a bit more repetitive vs going for other coverage teams).
3) Fit/alumni/lifestyle: don't forget about this, sure your team is important for exits etc, but if you do not want to hate your life and want to make sure you actually get paid well, will get cool staffings on, these things do matter so don't forget to consider this. Ideally from the above points 1 & 2 you are considering 3-5 teams, and can narrow it down to 2-3 teams that should be your top picks and then hope you get one of these!
Thank you!
Very helpful Pan European Monkey ! Can you pls give some more detail on M&A product teams, what do they do exactly? At my bank the model is held by the sector teams so I'm not sure what the intern/analyst experience would be like.
Voluptas architecto eum eos repudiandae ut id. Iste laboriosam laudantium ratione et natus. Omnis rerum ut molestias autem ipsa blanditiis et rerum. Exercitationem minus unde incidunt. Facere fuga magnam maiores numquam. Est aut optio est et. Rerum aperiam autem voluptate. Tempore qui maxime natus labore laudantium dolorem qui.
Possimus doloremque magnam ut repellendus qui nesciunt. Sint facere adipisci eos porro quia ut in. Voluptas quo aut qui eos distinctio. Dolorum quia quisquam et quia. Non ipsa soluta enim labore sequi molestiae tempora. Odio facilis officia provident et ut iusto illum. Consequatur magni alias tempore cum et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...