Jan 12, 2021

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)
learn more

Comments (7)

Add comment
 
Jan 14, 2021 - 2:13am

In Corporate Broking you'll collate feedback from institutional investors, equity research analyst and sales teams; providing clients with equity market intelligence. The UK is the only country with Corporate Brokers and they have special privileges compared to other ECM professionals (in some banks they can speak directly to the buyside to get sentiment on the stock). 

Not sure on any of those teams in particular, but in general the UK teams have a work hard, play hard culture.

Some banks' broking teams are lumped together with UK ECM and others UK M&A - your experience will largely depend on this. 

Hedge Fund Pitch for Interviews
 
Jan 15, 2021 - 1:57am

I know of broking teams that work 7-1 Monday-Thursday, but they are in the pub at 5 on a Friday. 

In ECM you'll do a ton of pitches, market updates, all the process stuff on IPOs (Industry group will do the valuation). Won't build solid technical skills and exit opps are somewhat limited. 

In BAML / MS they have both EMEA M&A execution and UK IBD coverage teams. Have never come across either of them but I'd imagine the M&A team holds the pen on the model and the UK team will deal with UK takeover code / processes. 

Financial Modeling Courses
 
  • IB
  • Analyst 2 in IB - Gen
  • Anonymous
Jan 14, 2021 - 5:08am

Agree with the above. MS and BAML the stronger of the three, although for different reasons - BAML does lots of buysides, particularly for PE, while MS does more defence work which by definition is lumpier (hence why they can jump up and down league tables a bit).

Hours hard to generalise and really depends on the bank / team.

Exits are only limited by your languages really as most people in UK teams are monolingual native Brits - can make MF difficult but plenty of people from UK teams go to very good funds

Hedge Fund Interview Sample Pitches - Long/Short

Related Content

See more
Start Discussion

Popular Content See all

Total Avg Compensation

January 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (31) $349
  • Associates (141) $232
  • 2nd Year Analyst (88) $152
  • 3rd+ Year Analyst (19) $150
  • Intern/Summer Associate (90) $144
  • 1st Year Analyst (349) $132
  • Intern/Summer Analyst (299) $82
Access IB Report

Career Resources

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk		 98.5
2
Jamoldo's picture
Jamoldo		 98.4
3
Secyh62's picture
Secyh62		 98.3
4
CompBanker's picture
CompBanker		 97.9
5
redever's picture
redever		 97.7
6
frgna's picture
frgna		 97.6
7
bolo up's picture
bolo up		 97.5
8
NuckFuts's picture
NuckFuts		 97.5
9
Edifice's picture
Edifice		 97.5
10
Addinator's picture
Addinator		 97.5