Comments on: Investment Banker Salary and Bonus Report: 2023 Update https://mergersandinquisitions.com/investment-banker-salary/ Discover How to Get Into Investment Banking Wed, 02 Aug 2023 23:51:15 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: M&I - Brian https://mergersandinquisitions.com/investment-banker-salary/#comment-807232 Mon, 26 Jun 2023 20:16:44 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-807232 In reply to DM.

Pay is not much different at the junior to mid levels. And it’s also still cheaper than NY, so you can probably save more in Chicago.

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By: DM https://mergersandinquisitions.com/investment-banker-salary/#comment-806609 Mon, 26 Jun 2023 01:01:23 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-806609 How does IB comp in Chicago compare to New York? I’m looking to pivot out of Big Four tax in a Midwest location via an MBA. I’d prefer to live in Chicago over New York for a number of practical reasons, so am just curious if the pay is comparable or is there’s a sizeable discount.

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By: M&I - Brian https://mergersandinquisitions.com/investment-banker-salary/#comment-791788 Sun, 26 Feb 2023 14:33:17 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-791788 In reply to B.

If you have detailed questions about the course, please ask through the site or the Contact form so we can send you the direct links. This site is not for technical questions or how to approach case studies, study plans, etc., but is intended for general career topics and questions.

As mentioned above, we don’t have “everything” related to SaaS in the current course because it’s a “short” 10-hour module of a very long, 120+ hour course. There is analysis around bookings, deferred revenue, CAC, related metrics, and VC funding rounds, but there is no cohort analysis currently. I am aware that people want to see it. So when it is split off into a separate course, yes, we will re-do the entire case study and add it.

No, I don’t have an exact time frame because creating this volume of content takes months/years. But there will be more on these topics at some point this year.

As mentioned in my other comment, the Atlassian case study in the old/deprecated case studies section has more of a pure growth equity investment recommendation.

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By: M&I - Brian https://mergersandinquisitions.com/investment-banker-salary/#comment-791786 Sun, 26 Feb 2023 14:29:07 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-791786 In reply to B.

Module 14 of the course is what we currently have on these topics. You can also look at the old/deprecated case studies section for the Atlassian case study, which is decent but maybe not the most representative of a growth equity model. The written solutions and analysis at the end are more useful than the model itself.

Regarding the table of contents, yes, this is the issue when a module or chapter has 30-40 lessons. There is no good way to easily look through everything. This is why we are splitting up the entire course into shorter modules of 10-15 lessons each.

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By: B https://mergersandinquisitions.com/investment-banker-salary/#comment-791739 Sat, 25 Feb 2023 20:09:58 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-791739 Similar to the above, can you please confirm if everything on SaaS KPIs (Bookings, cARR, Pipeline analysis, cohort analysis) is in the FMM course and your YouTube videos? Some of the content seems to be organized by product (M&A, LBO etc.) so wanted to make sure I don’t miss anything – have the full course access (busy with the day job and want to cover the relevant modules / sub-sets). Module 14 seems ro cover some topics, any others? Thanks!

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By: B https://mergersandinquisitions.com/investment-banker-salary/#comment-791738 Sat, 25 Feb 2023 20:05:42 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-791738 In reply to M&I – Brian.

I have bought the course. Is Module 14 really the VC portion? While the content is great, the TOC is not the most intuitive. Are there any other places we should watch for core VC/GE materials. Have bought master access and want to make sure I’m not missing anything. Thanks!

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By: M&I - Brian https://mergersandinquisitions.com/investment-banker-salary/#comment-790756 Mon, 20 Feb 2023 13:10:58 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-790756 In reply to Tom.

Already covered in the Financial Modeling Mastery course. See the comments here: https://mergersandinquisitions.com/2022-end-of-year-reader-qa/

It is already more comprehensive than the WSP version (see the comments at the end). But we are going to split up the entire course and start selling parts of it, including this one, separately.

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By: Tom https://mergersandinquisitions.com/investment-banker-salary/#comment-790361 Mon, 20 Feb 2023 05:29:41 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-790361 Hi,

Are you planning a VC/GE course that discusses pre-money / post-money valuation, detailed term sheets, cap tables for Series A, B, C (impacts of things like liquidation preferences, converts, option pools etc.)? Both WSP and WSP have some version of this, with the latter covering things like retention and cohort analysis as well. Would be great for people to know if this is something coming down the pike and what the timing may be.

Thanks!

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By: M&I - Brian https://mergersandinquisitions.com/investment-banker-salary/#comment-783055 Wed, 01 Feb 2023 23:46:17 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-783055 In reply to DL.

Yes, I would definitely start with something online if you only have to work 35-40 hours per week and can do so remotely. Ideas like real estate or vending machines can work, but they’re usually better for people who don’t have much money but who have time and can travel (vending machines) or people who already have enough money to comfortably buy properties (real estate). It’s also quite a pain to deal with all the tenant issues that come up 24/7, and if you hire a manager, that reduces your margins.

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By: DL https://mergersandinquisitions.com/investment-banker-salary/#comment-783053 Wed, 01 Feb 2023 22:04:08 +0000 https://www.mergersandinquisitions.com/?p=3137#comment-783053 Brian, based on your experience of running an online business for a long time, if you have a less demanding finance job (35-40 hours per week with remote working 3-4 days a week), is e-commerce or other online side business the most feasible solution? How about non-online side hustles (real estate rent, vending machine)? Do you think it’s more challenging given the travel time required, etc?

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