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    I don't know how you cope working 80+ hours every week like damn how do you find time to do anything else like socialise or work out(if you even do)


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    (Original post by Cluster1)
    I don't know how you cope working 80+ hours every week like damn how do you find time to do anything else like socialise or work out(if you even do)


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    you make friends with bankers who understand the lifestyle, that comradery is essential in keeping sane.

    i've always said the hours aren't the hard part.. it's the unpredictability of those hours which is quite troublesome some would say. aslong as your family, friends and spouse understand it's not as bad as its made out to be. as an intern you only do it for 9-10 weeks, so there's a light of fresh air at the end of the tunnel. as a ft analyst it might be a little more annoying.. but then again if you apply for such roles, you already know what you're getting into so there's nothing to complain about. to even get in you have to show a burning hunger for the role.

    the rid blip of your blackberry on a sunday morning :lol:
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    (Original post by gr8wizard10)
    you make friends with bankers who understand the lifestyle, that comradery is essential in keeping sane.

    i've always said the hours aren't the hard part.. it's the unpredictability of those hours which is quite troublesome some would say. aslong as your family, friends and spouse understand it's not as bad as its made out to be. as an intern you only do it for 9-10 weeks, so there's a light of fresh air at the end of the tunnel. as a ft analyst it might be a little more annoying.. but then again if you apply for such roles, you already know what you're getting into so there's nothing to complain about. to even get in you have to show a burning hunger for the role.

    the rid blip of your blackberry on a sunday morning :lol:
    Banks still use them? :rofl:
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    Great post.
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    Am I right to say the tasks are generally pretty...easy? Just that there is alot of going back and forth, editing this and that, double spacing **** etc...

    Will everything be taught on the job?
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    (Original post by makrxx)
    Am I right to say the tasks are generally pretty...easy? Just that there is alot of going back and forth, editing this and that, double spacing **** etc...

    Will everything be taught on the job?
    Yes - the key is to do the simple tasks really well and not make the same mistake more than once. Don't assume because they are simple that they are easy. Often the easiest tasks are the hardest to execute and are extremely time-consuming.
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    So basically you can work in M&A if you can use Google and have an understanding of GCSE Business Studies
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    (Original post by anonwinner)
    So basically you can work in M&A if you can use Google and have an understanding of GCSE Business Studies
    Didn't know GCSE business studies taught you how to spread comps, or do valuations, or do LBO models, or do waterfalls.. Guess I missed something.

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    (Original post by anonwinner)
    So basically you can work in M&A if you can use Google and have an understanding of GCSE Business Studies
    that's one pretty simple task, once you go into financial modelling things get a little more complex, i could make another thread on how to do some valuations like comps or dcf, but would require a lot more specifity and would be quite time consuming to explain each step

    but ~70%+ of your time as an intern will be carrying out pretty administrative tasks like data sourcing, checking numbers, making things look pretty
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    (Original post by gr8wizard10)
    that's one pretty simple task, once you go into financial modelling things get a little more complex, i could make another thread on how to do some valuations like comps or dcf, but would require a lot more specifity and would be quite time consuming to explain each step

    but ~70%+ of your time as an intern will be carrying out pretty administrative tasks like data sourcing, checking numbers, making things look pretty
    Would be great if you done a weekly live stream demonstrating financial modelling, excel tricks and such
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    (Original post by glebp)
    Would be great if you done a weekly live stream demonstrating financial modelling, excel tricks and such
    Yes. This needs to happen. "Okay guys, hold on... just need to kick AwesomeGenius out of chat right here..."
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    (Original post by TheGuyReturns)
    Yes. This needs to happen. "Okay guys, hold on... just need to kick AwesomeGenius out of chat right here..."
    Would be great if you invited us all into your home to live for a week and sleep in your bedroom so we can see exactly what an m&a analyst does

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    (Original post by Gladiatorsword)
    Would be great if you invited us all into your home to live for a week and sleep in your bedroom so we can see exactly what an m&a analyst does

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    LOOOOOL

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    (Original post by Princepieman)
    LOOOOOL

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    Lmao. Its just that bankers and traders etc take time out of their busy schedule to make a post on TSR to help us all and some people come up with unnecessary suggestions like a live stream lol theres no need

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    great post, thanks for your effort
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    thank you for your input!
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    (Original post by anonwinner)
    So basically you can work in M&A if you can use Google and have an understanding of GCSE Business Studies
    You also have to smile often, flatter without a shred of dignity or hesitation and wear extremely nice shoes. In fact, if you did those bits right, you could probably do without the optimistic forecasting - its going in the bin anyway
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    Awesome post very informative, found it very helpful. :top:
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    Does London IB use the EDGAR database for gathering information? Or is there some equivalent in this area?
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    (Original post by Commercial Paper)
    There are no relaxed positions in M&A. Arguably, it gets worse in terms of stress the more senior you get. You have less hours but bigger problems.

    Hours significantly cool off after around five to six years (VP Level and above).

    Whether it is worth it is completely subjective. Depends on your longer-term goals and what you want out of your career.

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    ^This 100%.
 
 
 
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