M&A Specific Bankers on a Coverage Team

Question to all of those in Coverage teams at a Bulge Bracket:

Does your team have any analysts, associates, VPs or MDs that solely work on M&A projects? i.e. on a Healthcare team, a VP and and MD who only work on M&A engagements and their executions without as much of a focus on origination or relationship management

Conversely, if you're on an M&A team at a Bulge Bracket, are there any bankers that only focus on a particular industry like Industrials or Consumer Retail?

 

CS does. Typically 2nd year VPs start focusing on a specific industry and they stick with it through MD levels. Im not saying those bankers dont work on any other industry deals ever but they are pretty much siloed into one industry.

 

Yes I have seen this. Pretty common at higher levels (VP+) from what I have seen. It's basically a double specialization. I've seen DCM + 1 industry, also seen M&A + 1 industry. Seems common, but not necessarily the norm.

Money can purchase freedom, if you have the guts to buy it
 

Quia et quia deleniti ullam. Deserunt excepturi quibusdam blanditiis eum quo rerum. Dolorum alias est tenetur sit sapiente sed a. Provident sint omnis temporibus est est non eaque assumenda. Vel totam quisquam aut et. Fuga velit sit fugiat dolores.

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”