Transaction Experience? Do I have it?

I'm a career switcher who just finished my 1st year MBA at a target school. I still don't know much about finance but definately know a lot more than before. People always talk about how important transaction experience is. Can someone tell me whether what I'm doing right now as an Intern in Structure Finance will get me transaction experience?

The firm that I'm with this summer invests in different sectors of emerging countries, such as banking, infrastructure, energy, etc. PE firms or the company itself would approach the Structure Finance team for borrowing $ to funds their projects.

I'm now working on two live deals, and we're lending 100MM to each. My job as a summer intern is the following:

1) Analyze the models provided by the sponsors to determine whether they can pay us back and whether the models have any structural problems. If so, I will work with the director and MD to negotiate the terms and the structure of the loan with the PE firms.

2) I do a lot of economy and industry research. Then, I will write pages of reports that will go into the loan agreement which will get submitted for approval.

3) I also need to build my own models to sensitize different scenarios and sometimes have to merge different models together to get a complete picture of what's going on.

4) Often times, the PE firms will send us their valuation of the target company that they want to acquire, and I have to analyze it.

What do you think?

Comments (12)

Jun 14, 2011

structuring is just one part of it. transaction experience usually refers to the entire deal process from start to finish.

Jun 14, 2011

live deals = transaction experience

Jun 15, 2011

Still I Rise

Jun 15, 2011

Yes, would definitely pitch this as 'transaction experience'. It is specific but still you are working on live executions

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Jun 15, 2011

bump

Jun 15, 2011

anyone?

Jun 15, 2011

You should not list "by request"...nobody will ask! Pick the 3-4 deals you think show best or know best, and put those on your resume. Make it easy for people to be able tell what you did and why it was important. Good luck!

Jun 15, 2011

bump

Jun 15, 2011

no because presumably you would still be putting MNPI on your resume

Jun 15, 2011
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