I know some of the top EBs like Lazard don't hire international students, and with some other firms like Centerview I'd imagine the 3-year program could be a problem because internationals (if they STEM-majored, tho Econ is classified STEM for visa purposes at most top schools) usually have max 3 years of work authorisation and some of that is used up over summer roles.
tl;dr does anyone know which (or any) of the EBs hire international kids?
I had some questions about Moelis' Capital Markets capabilities. I know that they don't have a balance sheet so they don't actually have any debt or equity offerings but they do offer advisory for capital raises. I wanted to see how that process works in an EB like Moelis.
Looking for something interesting/relevant to watch or listen to in downtime. I really enjoy watching interviews with successful finance professionals such as Buffet, Dalio, Moelis, Icahn, etc.. Not interested so much in their stances on current market outlook but more so on their life-stories, advice, and so on. It is obvious, but these individuals' experiences allow them to deliver simple yet insightful statements, which can be of great value. Let me know if you guys know of any specific videos/docs/podcasts that you think are worth giving a good listen. Appreciate it.
This summer I accepted an offer at a MM (Jefferies/WF/RBC), which I was initially very excited about. While I still believe it to be a great opportunity, I cannot shake the though of possibly lateraling to an EB like Moelis or Evercore. There is one reason, besides the fact that they are more prestigious shops, which has driven me to this recurring mindset, and that is the lean nature of these banks.
So I know people have explained what PCA is on here, but can I get some insights about what an analyst does day to day? I know that the group focuses on raising money for funds and also advising funds on whether to sell their assets off or not but what specifically does the analyst do to support the process?
Financial modeling to determine value of potential sell/purchase assets/interests owned by clients?
Marketing materials to raise funds for clients?
Market/industry research to support clients investment thesis?