Is it ok to put unsuccessful deals on CV?
I work at an investment bank and I'm currently putting up a CV to jump to another place. I was wondering if it is ok to put unsuccessful deals on CV? There are millions of times when you finished almost everything for a deal but in the end your client decided to pull out. I think these are still good experiences but I'm not sure if it's appropriate to put them on CV. Can anyone give some insights on this? Thanks!
HoggieT, bummer your thread hasn't had a response yet. Sometimes bots are smarter than humans anyways:
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I hope those threads give you a bit more insight.
I believe it is ok, for instance I marked buyside transactions which were not successful in the end as "potential buyside transactions" on my resume.
The job eventually was the same and should count as deal-related experience. I would be curious to know what others think about that though.
That's exactly the way to go.
I have seen a bunch of resume books and everybody who hasn't closed at least 3 deals (i.e. almost everybody) will put these "potential" deals on their CV.
Thanks for the answer. Do you know if it's ok to put the name of the targets if the name of the advisor has not been disclosed during the process? I always wondered.
Thanks pal! I think so too.
Closing a deal is usually not just about how you've done with your part, luck plays a much bigger role sometimes.
Sure if you want them to think you're a loser
I don't want to comment on your rudeness, but just out of curiosity, could you elaborate a little more on this?
IMO, junior bankers hardly get the chance to close enough number of deals to put on CV. Debt-related deals are easier to close, but when it comes to equity or things like esoteric ABS and stuff, the fact is that client and regulation authorities play much bigger roles, and sometimes you just won't be able to control the process.
XXX potential $XXX.XX acquisition of XXX company = okay
Definitely ok, just make sure you have a good understanding of the dynamics of the deal and why it didn't work out. When I went through buyside recruiting, the deal I talked about most was one that ultimately didn't pan out, but I learned a ton from. No one's going to judge a junior guy for a deal not going through; it's all about being able to spin that experience in your favor
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