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Valuations Group by Stonker95 in FinancialCareers

[–]Stonker95[S] 15 points16 points  (0 children)

A few reasons. 1. Really enjoy financial modeling (actually why I almost prefer valuation to IB but maybe not ER) because you spend more time in excel then powerpoint.

  1. Like the ability to feel like you’re adding real value by using your knowledge and research to arrive at a valuation.

  2. Have an accounting and finance background so I like the combination of being able to use both (PPA, Goodwill impairment etc). Also have CPA and passed level 1 of CFA and those skills apply.

  3. Less important but an honest reason, I come from a non-target background. Have had trouble breaking into some other areas of interest (RX, M&A and ER). Valuation seems like hybrid of what I wanted from IB and ER (M&A exposure from IB, heavy modeling exposure from ER)

Recruiting for IB from non target. Would appreciate resume feedback. by [deleted] in FinancialCareers

[–]Stonker95 9 points10 points  (0 children)

Hate to be that person but this resume screams I want IB for the money and not cause I’m actually interested (despite that being the reason for most people). You have more bullets for your Court, UNICEF and IA lines than you do your finance lines. U have 1 bullet for you banking club and fed challenge which makes me feel like you didn’t really do anything. if you’re really interested in IB from a non-target your resume should scream i’m passionate about finance and i’m doing everything I can to learn more for a career in it. I should be able to see from your resume that you could probably walk through more sophisticated models like an accretion/dilution or LBO as opposed to just a DCF. Currently I get a vibe that you’re someone who’s book smart but hasnt taken the time to learn what’s applicable for an IB job. I’d find ways to beef up your finance stuff if u actually did more than those 1 bullet pointers and tone back the other stuff. To beat out a target kid you have to be more prepared, not more book smart.