WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (6)

Feb 22, 2012 - 12:15am

Remind me to PM you when I'm less drunk.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
Feb 22, 2012 - 11:31am
Remind me to PM you when I'm less drunk.

Too many jack and cokes?

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
Feb 22, 2012 - 4:13am

ER has pre and post MBA positions. MBA positions generally pay more.

ER jobs generally are sector focused. It helps a lot to understand the technology or nuances of the industry you are covering, so experience in the industry tends to be one of the ways to get into ER. Also, industry contacts are useful data points, so that adds to the value of someone with an industry background. People tend to go from industry to ER when they are still relatively early on in their career.

On the other hand, ER professionals tend to spend a lot of time communicating with the management teams of companies under coverage and in their coverage sector, while building a tremendous understanding of an industry. So, ER can sometimes leverage those relationships and knowledge to land a job that makes use of the industry expertise in a company they used to cover. When ER lands in industry, it is often at a more senior level and pay grade than someone coming to ER from industry.

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