Comments on: Why You Won’t Close a Single Deal in Your First Year of Banking – and What to Do About It

By: M&I - Brian

M&I - Brian — Wed, 23 Dec 2020 18:10:35 +0000

In reply to Gray.

There’s no way to boost your “close rate.” It’s just the nature of large deals – they often fall through. People are people.

By: Gray

Gray — Thu, 17 Dec 2020 02:03:10 +0000

So what are ways that banks can get more deals closed? Can you write an article on that? Maybe all of the innovative ways that banks can increase the time to close and things that can prevent deals from falling through

By: M&I - Brian

M&I - Brian — Wed, 15 Nov 2017 16:31:01 +0000

In reply to bho. You should be more proactive if the others have been staffed on more pitches/deals. Maybe point to the # of the deals you have worked on vs. the number that others have worked on and just ask if you could get a more even work distribution.

By: bho

bho — Tue, 14 Nov 2017 17:28:11 +0000

Hi,

I really need advice on my current situation. So I am a current first year and about to close an IPO but haven’t been staffed on any other deals/pitches/bakeoffs. In the beginnning it worked out since I was studying and working on my resume but now I’m concerned with my work product or if people in my firm don’t like me since the other two first years in my team have done at least 4-5 pitches each. Should I continue studying and ask for a deal here and there or be more proactive?

Any advice would help. Thanks!

By: John

John — Fri, 16 Nov 2012 08:31:51 +0000

So true, am working on a potential M&A deals. We’ve been working on it for more than 6 months. The seller keep asking for some data and others alternative target company, and the seller keep saying they will sell the company if they think the price is right. U wanna the seller’s “right price”? Way beyond what we and the buyer think.
So basically, will be very challenging to close the deal, even for the next 6 month.

By: M&I - Nicole

M&I - Nicole — Sun, 13 May 2012 03:52:09 +0000

In reply to Paul. Depends on what you're looking for and your traits/abilities!

By: Paul

Paul — Sun, 13 May 2012 00:29:44 +0000

In reply to Vp. Would corporate banking be a good alternative given the event that an investment banking position cannot be secured? More that management consulting or financial advisory in a Big 4?

By: Sofi

Sofi — Mon, 26 Sep 2011 15:41:11 +0000

LOL…it’s true about the company soap opera bit. I am going to take my current experience and sell it to Telemundo (it just works better in Spanish).

By: Ming

Ming — Mon, 26 Sep 2011 03:03:21 +0000

In reply to M&I - Brian. Thanks Brian,will check it out. Looking forward to your PE story.

By: Ming

Ming — Mon, 26 Sep 2011 03:02:05 +0000

In reply to Michael. Thanks, Michael