QUOTE(Aloong @ Nov 27 2010, 01:02 PM)
Origination (normally called Invt banking dept) = 70% marketing skills + 30% structuring skills with executioners's help
Execution (normally called CF dept) = 90% execution + 10% structuring to assist originaters
Unfortunately, there is no 100% structuring job/role, as wat most ppl thot they would do.
you call that marketing skill? I call it reverse valuation ROFLExecution (normally called CF dept) = 90% execution + 10% structuring to assist originaters
Unfortunately, there is no 100% structuring job/role, as wat most ppl thot they would do.
you don't value the company of your client, or target co. if it's a M&A deal, client will tell you the perceived value of his firm and it's up to you to find reasons to support his valuation and get the deal done. DCF? Comparable ratios you learnt in Uni? go chuck it into the dustbin. LOL
the ugly fact is, people in IBK has better bonus relative to the efforts put in by their more hardworking brethren from the execution side. after all IB is still about sales/deal, if you get the deal, you're the MAN.
Think of execution team as the machine operator on the manufacturing floor while IBK as the thick face salesman peddling their wares.
Nov 27 2010, 09:18 PM

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