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What does an Investment Banker Do?

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What do an Investment Banker do each day? What does the day-to-day routine look like for a typical Banker? The short story is that your seniority in the hierarchy largely determines your daily routine. Showing the roles and responsibilities for Senior, Mid-Level, and Junior Investment Bankers There are three major buckets within the Investment Banking hierarchy: Senior Bankers – Managing Directors (‘MDs’) and Senior Vice Presidents (‘SVPs’) build and foster client relationships. Mid-Level Bankers – Vice Presidents (‘VPs’) lead deal execution. Junior Bankers – create supporting materials and analyses used to ‘Pitch’ clients for new business and for ‘Live Deal’ execution. As you can see above, what Investment Banker s do in each role is slightly different. In the coming sections, we’ll dig deeper into the roles and responsibilities at each level. A ‘Typical’ Investment Banking Career Path One of the most common questions at this point is, “What is the ‘typical’ Investment Banking career ...
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Google’s 27th Birthday – From a Garage Dream to Global Giant

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  How It All Started In September 1998, two Stanford University PhD students, Larry Page and Sergey Brin , launched Google from a garage in Menlo Park, California. Their mission was simple yet ambitious: to organize the world’s information and make it universally accessible and useful. What began as a research project called “Backrub” quickly became the foundation of the internet’s most powerful search engine. The Journey So Far From that garage to being the world’s most visited website , Google has shaped the way we live, learn, and work. Today, it is far more than just a search engine—it powers email, maps, Android, Chrome, cloud computing, and AI breakthroughs like Google DeepMind and Gemini . Leadership Over the Years Larry Page (1998–2001; 2011–2015): Focused on engineering brilliance and the product vision. Eric Schmidt (2001–2011): Scaled Google into a global corporation and led its IPO in 2004. Larry Page (2011–2015): Returned as CEO, driving innovation a...
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Financial Model Shortcuts

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Hi,  In this blog I'm writing the shortcuts I learnt in financial Modelling  1. Format Cell tab  Ctrl + 1 2. To increase the width of the column  Ctrl + O C W  3. To add text in a row which need to be used multiple times = Cell Ref  & " add text " 4. To put border on top line = Alt + H B P  5. To subhead the underlying row content  = Alt + H 6
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Making projects for PE firm without experience

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Case 1 : Fund Tear down Choose a Private Equity Fund and build a short tear down  1. What they invest in ? 2. How they raise capital  3. Performance (IRR, MOIC if available)  4. Recent Deals I use to do it for my previous company and they have lot of database for this so make sure you genuinely put good data they will catch the mistakes, the source should be good and reliable.  What does this shows ? That you understand the investor perceptive. Case 2 : Comparable Fund Deck  Build you own mock private equity pitch deck using public company or data available by companies like S&P Global and others.  Highlight a strategy, target returns and fundraising narrative.  What does this shows ? This proves you understand how firms market to investors Case 3 : Deal Sourcing Map  Pick a  niche (E.g. Renewable Energy, Health Care or Infrastructure)  and build a list of 20+ potential acquisition targets.  Include : Revenue range, recent fundi...
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What I do in a Investment Banking and what are the day to day roles of Investment Banker ?

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Understanding Investment Banking: A Look Back and a Glimpse into the Future On October 27th, 1986, London witnessed a financial revolution known as the "Big Bang." In a bid to make financial services more competitive, the UK government deregulated and opened up the industry to international players. This move transformed London into a global financial powerhouse, rivaling even Wall Street. The 1980s were a time of explosive growth for the banking sector. Advances in technology and increasingly open markets created an environment where the industry thrived like never before. A career in finance during this era was synonymous with wealth and prestige. Fast forward thirty years, and the landscape has changed dramatically. Investment banking, once the epitome of success, is now facing a crisis of reputation. Public trust in bankers has plummeted, and the industry is often criticized for its role in economic scandals and the excessive bonuses it offers. What is Investment Banking?...
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Top 10 Investment Bankers and What exactly Investor Banker do ?

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Table of Contents: Introduction Highlights of Famous Bankers 10 Famous Bankers Who Shaped the Financial World Pros and Cons of Becoming an Investment Banker How to Succeed in Investment Banking FAQs Introduction Investment banking is known for its competitive nature, demanding long hours, and the need for relentless determination. Despite these challenges, the allure of high earnings, prestige, and the opportunity to impact global finance draws many ambitious individuals to this field. In this blog, we'll explore the lives and career paths of the world’s most successful bankers and provide insights on the pros and cons of becoming an investment banker, along with tips for success in this industry. Highlights of Famous Bankers Throughout history, several bankers have left an indelible mark on the world of finance. These figures include the Rothschild family, J.P. Morgan, the Warburgs, Amadeo Giannini, David Rockefeller, Marcus Goldman, Jorge Paulo Lemann, Jim Simons, Joseph Safra, a...
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Top 10 Investment Banking Analyst Tips for Success and Top 5 Essential Skills Every Investment Banker Should Have

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Top 10 Investment Banking Analyst Tips for Success If you’re here, chances are you're gearing up for a career in investment banking, either fresh out of college or already a few months into the role. Perhaps you’ve even secured an offer. Whichever stage you're at, these tips will help you set realistic expectations, excel in your job, and avoid common pitfalls that new analysts often face. 1. Manage Your Expectations One of the best pieces of advice for new analysts is to manage your expectations from the outset. Your job satisfaction often depends on how your expectations align with reality. If you mentally prepare yourself for the demands of the role, you’ll find it easier to handle the challenges that come with being an investment banking analyst. Even if you’re considering a transition to the buy-side, avoid building up the role in your mind to the point where it’s unattainable. Many analysts, including myself, have learned this lesson the hard way. For example, I once join...
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Top 9 Investment Banking Skills for 2024 and How to Master Them with additional skill set !!

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Pursuing a career in investment banking can be both thrilling and rewarding. However, it comes with its fair share of challenges, including high-pressure situations and demanding work environments. Investment bankers are responsible for managing various complex financial tasks such as mergers, acquisitions, initial public offerings (IPOs), business planning, and client investments. To thrive in this fast-paced industry, it's crucial to possess the right skill set. In this article, we'll delve into the essential skills needed to succeed as an investment banker and offer practical tips on how to develop them. Key Investment Banking Skills Alongside formal education and experience, these key investment banking skills can significantly enhance your ability to excel in the field: Financial Acumen Investment bankers are entrusted with facilitating large-scale financial transactions, including mergers, acquisitions, and IPOs, as well as making critical investment decisions for client...
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TCS Introduces 'Prime' Hiring Tier: A New Benchmark in Campus Recruitment

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Tata Consultancy Services (TCS), India’s leading IT services giant, has unveiled a new hiring tier named "Prime" as part of its 2024 campus recruitment strategy. This initiative aims to attract top-tier engineering graduates by offering annual compensation packages between ₹9 lakh and ₹11 lakh, significantly higher than the standard entry-level salaries. Key Highlights of TCS Prime Hiring: Prime Category Introduction: The Prime hiring tier has been specifically designed to secure high-potential talent from premier engineering colleges across India. This move underscores TCS's commitment to acquiring skilled graduates who demonstrate exceptional programming, coding, and new-age technology prowess. Higher Compensation: TCS’s Prime category offers salaries ranging from ₹9 lakh to ₹11 lakh annually, a substantial increase compared to the Ninja (₹3.6 lakh) and Digital (₹7 lakh) categories, which were introduced earlier as part of their fresher hiring strategy. Campus Commitm...
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Best Degrees, Majors & Courses for Banking & Finance Careers (2024)

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The financial services sector is a global powerhouse, employing millions worldwide in roles ranging from retail banking to complex investment services. Professionals in this industry come from diverse academic backgrounds, with each field offering unique advantages. Whether you're interested in investment banking, trading, or fintech, having the right educational qualifications can significantly boost your chances of success. Here's a comprehensive guide to the best degrees, majors, and courses for banking and finance careers in 2024. 1. MBA: The Gold Standard Why an MBA? An MBA remains the premier qualification for banking careers, offering a strong foundation in various business functions, from sales to management. Many banks recruit MBAs directly for mid-level roles, giving them a career head start. Top Programs: MBA Essentials from The London School of Economics and Political Science Oxford Executive Strategy Programme from Saïd Business School, University of Oxford Accele...
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Hindenburg Research Report questions SEBI Chief honesty which Sparks Political Uproar in India

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A fresh report from Hindenburg Research targeting Madhabi Puri Buch , the Chairperson of the Securities and Exchange Board of India (SEBI), has ignited a political storm across India.  The report alleges that Buch, who is responsible for overseeing the investigation into the Adani Group, has a personal stake in offshore entities linked to the Adani scandal. This revelation has led to widespread demands for a Joint Parliamentary Committee (JPC) inquiry, spearheaded by prominent political figures. Rahul Gandhi, Leader of the Opposition in the Lok Sabha , has been vocal in his demand for a thorough investigation into the matter. In a video statement on August 11, 2024, Gandhi described the allegations against Buch as "explosive," questioning why she has not yet resigned.  He expressed concern over the integrity of SEBI, emphasizing the potential risks to the Indian stock market if the governing institution is compromised. Gandhi further called on the Supreme Court to consider ta...
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Hindenburg Research Hints at Another Major Revelation in India

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New Delhi, August 10, 2024: The financial world is abuzz with speculation after Hindenburg Research, the notorious US-based short seller, hinted at another significant revelation involving an Indian company. Known for its explosive report on the Adani Group in January 2023, which led to a dramatic $86 billion drop in the conglomerate’s market value, Hindenburg is once again in the spotlight. In a cryptic post on X (formerly Twitter), Hindenburg stated, “Something big soon India,” leaving the financial community on edge. Although the firm has not disclosed any further details, the teaser has already sparked widespread speculation. The previous report by Hindenburg sent shockwaves through the markets, leading to a massive sell-off of Adani's bonds overseas and placing the group under intense scrutiny. The situation further escalated when India’s Securities and Exchange Board (SEBI) issued a notice against Hindenburg in June 2024, accusing the firm of violating Indian regulations. Th...
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Top 10 Resume Hacks and Ready Templates

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Building a good resume should be accredited with a lot of pressure especially because of the daily changing expectation of organizations.  As you prepare to apply for your dream job, questions may arise, Will other people be able to easily notice me on the resume? Does this mean what recruiters want? I am not quite sure that my resume is actually effective. To assist you in these areas, here are the some incredible resume strategies that will bring your resume to the top and get you closer to the interview: 1. Use Bullet Points In résumé writing, bullet points are your secret ally or at least they should be. They help the application-sorting bots you inevitably encounter on resume-submission sites, as well as human reviewers going through piles of resumes. The tenets of readability tell me that bullet points are more digestible than paragraphs when put in the work experience, education, and skills’ parts as seen by ZipJob. Ensure that your points are clear and brief with each point...
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Top Tips for Crafting an Eye-Catching Fintech Resume

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The fintech industry is revolutionizing finance, challenging traditional practices, and driving innovation at a rapid pace. With nearly 30,000 fintech companies globally as of 2024, competition for top talent is fiercer than ever. As a result, creating a standout resume tailored to this dynamic industry is crucial. Nadia Edwards-Dashti, a fintech recruiting executive at the Harrington Starr Group, shares her top tips for crafting a fintech resume that captures attention and lands interviews. 1. Showcase Your Agility In the fast-paced world of fintech, adaptability and problem-solving are key. Rianna Kelly, Senior Manager in Data at Zepz, emphasizes that fintech is an action-oriented industry. Your resume should reflect this by highlighting how you've driven solutions, adapted to change, and continuously learned new skills. Avoid long-winded project descriptions. Instead, focus on your personal contributions and clear accomplishments. By demonstrating your ability to pivot and align...
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Former Google Recruiter Reveals the Critical Resume Mistake That Can Cost You the Job

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In today’s competitive job market, crafting a standout resume is more challenging than ever. With an overwhelming number of resume templates and online builders available, job seekers often struggle to choose the best format. Yet, despite these resources, many resumes fail to make a positive impression. According to Nolan Church, a former Google recruiter, a single common mistake can drastically reduce your chances of landing an interview. The Number One Resume Mistake: "Text Bricks" Nolan Church, who served as a recruiter at Google and later as the Head of Talent at DoorDash, knows exactly what hiring managers are looking for—and what they’re not. In a recent interview, Church highlighted a resume flaw that can instantly disqualify an applicant: the "text brick." A "text brick" is a block of uninterrupted text that overwhelms the reader with too much information at once. Church emphasizes that resumes filled with dense paragraphs are a big turn-off for re...
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Is an Investment Banking Career Right for Me?

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Before applying for an investment banking role, it's essential to reflect on the question, "Why investment banking?" This question often kicks off many interviews in the field. If you're uncertain how to articulate your answer, especially if your primary motivation is a higher salary or a prestigious career, consider emphasizing these qualities that may resonate with you. Data-Driven Thinkers Investment bankers must possess strong analytical skills to support their advisory roles. They analyze complex financial data to guide organizations in making crucial financial decisions. While you don't need to be a career mathematician, you do need solid math skills to perform calculations related to pricing, financial models, and valuation. If you enjoy working with data and can translate numbers into strategic insights, investment banking might be a suitable career for you. Sales-Minded Communicators For those specializing in capital raising or helping startups secure fun...
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What is Private Banking/Wealth Management and career in Private Banking and Wealth Management ?

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What is Private Banking/Wealth Management? Private Banking, also known as Wealth Management, is a specialized division of banks that provides bespoke financial services and products to high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs). These services go beyond the standard offerings available at local bank branches and cater to the unique needs of wealthy clients, providing them with exclusive access to financial advisors and tailored investment strategies. Key Terminology Investable Assets : These are liquid assets that an individual is willing to invest or has already invested, including stocks, bonds, index funds, and gold. Real estate, except for the primary residence, is also typically included. HNIs (High Net-Worth Individuals) : Individuals with significant investable assets, typically starting at USD 1 million. UHNIs (Ultra High Net-Worth Individuals) : Individuals with investable assets ranging from USD 10 million to USD 50 million or more. These t...
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What is Leveraged Finance & Career in Finance ?

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What is Leveraged Finance? Leveraged Finance involves using significant levels of debt to finance strategic corporate actions such as acquisitions, share repurchases, recapitalizations, and capital expenditures. Unlike typical financing, leveraged finance deals with disproportionate amounts of debt relative to equity and reserves. Leveraged Finance teams at banks serve as intermediaries, helping companies raise funds using these strategies. They handle advisory services, structuring, and the execution of these deals. Job Description Leveraged Finance (LevFin) teams assist clients in raising financing for highly leveraged and strategic business purposes. The “highly leveraged” aspect implies that the amount of debt involved is significantly higher than the industry norm, resulting in greater credit and performance risks, lower credit ratings, and higher yields. The “strategic” aspect refers to financing for acquisitions, leveraged buyouts, or significant capital expenditures, rather tha...
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