M&A Banking Expert Interview - Top Tips
- 02:31
M&A Banking Expert Interview - Top Tips
Downloads
No associated resources to download.
Transcript
Top tips for a successful career in M&A, patience, perseverance, time management, and expectation management. Patience and perseverance. It's really important to understand that what you're doing in M&A or in an investment bank is really delivering for your clients and, by implication, for their shareholders. Even if that means you've worked on a potential transaction for months and months and months and right at the end, it falls through, it's okay. It happens. Focus on the long game. Focus on delivering the best you can for your clients, because that's what rewards you in your career over the long years that you will be in banking. When it comes to perseverance, keep going. It may take you a long time to get staffed on a really, really exciting project, or really exciting deal, but keep going. Develop client relationships, develop internal relationships, senior bankers, junior bankers across different teams. All of this will help you as you progress through your career. When it comes to time management, this is really important. It is always better to tell people that something is going to take you a little bit longer than it will. Always, always under promise and over deliver. Always factor in more time than you think you need. This is really helpful when it comes to senior bankers, when it comes to other colleagues you're working with, and when it comes to your clients. This is something you need to do right from the time you're an intern or a first year analyst, all the way through to when you're a senior banker. Absolutely, absolutely vital. And finally, check your numbers. Prepare when you go meet a client. Run through your script when you go present to management teams. Make sure you know what's going on in your industry. It may not be directly relevant to your client, but having that wider perspective is always helpful. And most importantly, have fun. It's a job. Yes, it comes with significant responsibility, much pressure, but remember, you were hired into this role, yes? So the bank had confidence in your abilities to do the job. You want to do the job. So don't waste your time with self-doubt. Hit the desk, work hard, do the absolute best you can, and enjoy it, good luck.