Today we're sitting down with Pete Fraser, a former mechanical engineer who successfully pivoted to investment banking after his MBA at Cornell. Pete shares his journey from working in a steel mill in Gary, Indiana to landing a coveted position at Guggenheim in New York City.

We discuss:

• The culture shock of MBA recruiting
• A cautionary tale about getting cut
• The "Zero Defects" philosophy
• The importance of having a champion on the inside
• ...and much more

Check out Pete's book Wall Street Dropout at https://streetdropout.com/

You can reach out to him at: peter@streetdropout.com

Contact: investmentbankinginsights@gmail.com

Beta measures systematic risk...great to know, but what do we do with it? In today's episode we'll walk through how to un-lever and re-lever beta based on the capital structure of a target business that you're valuing (e.g. for a DCF analysis).

Contact: investmentbankinginsights@gmail.com

How I did on the Securities Industry Essentials (SIE) exam and advice for you!

Contact: investmentbankinginsights@gmail.com

What does beta mean in finance and what is it used for? A simple explanation.

Contact: investmentbankinginsights@gmail.com

Today we're performing a quick comparable companies analysis for NVIDIA in Capital IQ. We'll walk through how to create the set of comparable companies and get to the point of being able to compare trading multiples for similar firms.

Contact: investmentbankinginsights@gmail.com

Today I'll give a quick update on where I'm at in my journey, and share some insights I've learned talking with a several of you!

Contact: investmentbankinginsights@gmail.com

AI's a big buzzword these days, but it's worthwhile to think about how artificial intelligence is going to impact our work as investment bankers. While I don't think we'll be out of a job, I strongly believe the nature of our work as advisors is changing, and we'll be expected to do much more, as sophisticated tools allow us to expand our productivity.

Contact: investmentbankinginsights@gmail.com

It's my pleasure to welcome Jason Lum back on the show to talk about recruiting trends and strategies to help you stand out (particularly if you go to a non-target school). We discuss what's going on in the market right now and specific actions you can take to make progress toward success!

Looking for one-on-one help with the recruiting process? Jason and his team still have a few slots open for this cycle, so reach out now if you need some extra help.

Note: At no extra cost to you, I may receive compensation from services you purchase through this podcast.

Contact: investmentbankinginsights@gmail.com