Comments on: What an Analyst Really Does – Part I: The Pitch

By: Sofi

Sofi — Sun, 06 Sep 2009 05:58:54 +0000

It’s still better than accounting.

I think anyone who thinks IB is tedious, monotonous, and dull should do invoicing.

It makes me love pitchbooks.

By: IBanker

IBanker — Thu, 09 Jul 2009 01:53:35 +0000

Not the sole thing an analyst does (and, in my opinion, not the most exciting), but it’s a big part of it.

By: joe

joe — Wed, 08 Jul 2009 14:28:59 +0000

Enjoyed this article!! Finally, I understand what an Analyst does…

By: HF

HF — Wed, 01 Jul 2009 08:35:24 +0000

It also depends on the country your work in. For example I work for a one of the top IB in my small EU country. I usually work directly with my director so we cut the intermediary and you don’t have to go up and down the piramid. In some projects we have a more comon chain of comand: me, sub-director (I really don’t know what does this translate into) and then the director.

By: IBanker

IBanker — Wed, 01 Jul 2009 02:26:06 +0000

While boutiques, especially small boutiques, usually run leaner, it does not mean that there is less back and forth. I remember when working at the M&A boutique, there was definitely significant back and forth regarding management presentations, introductory pitches, etc. I will admit that I worked shorter hours (then again I was an intern and part of the time I was interning while still in school – meaning not during the summer), in general. The back and forth is still there, because while you may be working in a smaller team, 1) you are still usually working in a full team – analyst to associate to VP to Principal/D/Senior Title, which means there is still a lot of back and forth, 2) senior team members in boutiques are often more concerned with smaller details and with making the best impression and making sure all of the language/charts/tables/analysis is spot on as they are a boutique and need to clearly display their strengths, and 3) even in the smaller boutiques, where you may not have an associate on a deal team – instead analyst to VP level to D level, there is still a lot of back and forth as bankers are notorious for constantly changing their minds/language/sensitivities/sections/talking points/etc, whether tiny boutique, large boutique or BB. So while you could absolutely cut down some back and forth in a boutique, you could also cut down the back and forth from group to group within a BB – some senior guys are really finicky, others are not quite as bad, and others are particular, but more laid back – honestly, you just have to talk with the other analysts/associates to get a feel of the group with each group – it’s always a toss up.

By: Hm

Hm — Tue, 30 Jun 2009 20:49:42 +0000

Do you know if there are any differences in working style between bulge brackets and boutiques? Boutiques tend to run a lot leaner so would they eliminate a lot of the in-between processes?

By: PussInBoots

PussInBoots — Tue, 30 Jun 2009 19:24:14 +0000

…Finally, there are the analysts. Monkeys. Tons and tons of little monkeys. Not humans, just monkeys crawling all over each other and pulling lice out of each other’s fur. Those are the analysts…

By: HF

HF — Mon, 29 Jun 2009 10:07:56 +0000

Once again great post. I am looking forward to the the next post on the subject