Comments on: The Buy-Side vs. Sell-Side: Useful Categories in the Finance Industry, or Marketing Hype? https://mergersandinquisitions.com/buy-side-vs-sell-side/ Discover How to Get Into Investment Banking Wed, 31 May 2023 19:07:42 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: M&I - Brian https://mergersandinquisitions.com/buy-side-vs-sell-side/#comment-801265 Wed, 31 May 2023 19:07:42 +0000 https://www.mergersandinquisitions.com/?p=4062#comment-801265 In reply to Rosa.

Your best option in India is usually to leave and apply in Europe or the U.S. because the Indian market is very small and tough to break into without attending one of the top ~2 IIMs and getting in right out of that. If you’ve already graduated, I’m not sure your chances are great, though you do have some very good experience.

If you don’t want to move abroad, another option might be to think about boutique investment banks in India. This interview is from a few years ago now, but there’s a pretty good account of a startup-focused bank here:

https://mergersandinquisitions.com/startup-investment-banks-india/

]]>
By: Rosa https://mergersandinquisitions.com/buy-side-vs-sell-side/#comment-800238 Mon, 29 May 2023 21:09:21 +0000 https://www.mergersandinquisitions.com/?p=4062#comment-800238 Hey Brian,
Great read.
Hello from India. Recently graduated from a pretty decent undergraduate university (one of the best in the country) with an honours degree in accounting/finance. Also have CFA L1. Previously interned in consulting at Big 4, fundamental research group at a hedge fund, and halfway through an internship at an independent valuation firm. Trying to break into IB, what would your advice be? Options I can think of are to try and convert the valuation internship, or apply to an IB role, or study further, maybe UK. (Wondering if I’d be considered a strong enough candidate for either?) Thanks!

]]>
By: M&I - Brian https://mergersandinquisitions.com/buy-side-vs-sell-side/#comment-792630 Wed, 08 Mar 2023 18:00:07 +0000 https://www.mergersandinquisitions.com/?p=4062#comment-792630 In reply to Brij.

In general, IB is not a good background for most startups / entrepreneurial ventures because you don’t gain any sales skills at the junior levels, and starting a company is mostly about sales. There are some exceptions where domain expertise can help, e.g., with a fintech startup or something geared toward financial services companies as customers, but working as an Analyst or Associate in IB has almost nothing to do with, say, starting an e-commerce company.

Most people who start successful companies after working in IB could have done it without the IB experience and usually just picked banking because it was a “safe” option at the time.

]]>
By: Brij https://mergersandinquisitions.com/buy-side-vs-sell-side/#comment-792582 Wed, 08 Mar 2023 12:33:56 +0000 https://www.mergersandinquisitions.com/?p=4062#comment-792582 As You usually mention about the Exit opportunities after working for Investment Banking Firm’s for several years. I have noticed that many Investment bankers in my home country India start there own startups, and there are several successful startups such as, Nykaa, Bharatpay and the people behind this companies are Ex-Investment banker’s. So, is it that working as an investment banker can make a person that capable of starting his or her own successful business. What’s your take on this ?

]]>