In this episode, we break down what IRR is and why it’s a critical metric in an LBO model.

We explore how it measures the profitability of an investment, why it’s a key benchmark for private equity firms, and what factors influence it.

Tune in to get a deeper understanding of its importance in an LBO and follow along as we walk through the steps to calculate it.

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Our student Bruce came to us as a recent graduate, juggling a full time job during the week and two security shifts on the weekend.

He had gone to a non-target school with only 500 students, and had missed any chances of getting internships or relevant experience as an undergrad.

Determined to break into investment banking, he joined our program and squeezed any available free time available to prepare.

Hear how Bruce persevered and landed a real estate private equity offer within just three weeks of joining the program despite working three jobs.

Want help securing an offer from a top tier firm on Wall Street?

Apply here: wallstmastermind.com/applyutm_source=podcastep324

In this episode, we break down how to tackle those less common but equally important behavioral interview questions that often catch candidates off guard.

We cover how to craft thoughtful answers to questions like what motivates you, how you approach unexciting tasks, and where you see yourself in five years.

Tune in to learn how to navigate these questions with confidence, showcase your self-awareness, and leave a strong impression on your interviewer.

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In this episode, we dive deeper into the distinctions between bank debt and high-yield debt.

We go through how these financing options differ in terms of maturity, repayment structures, security, and types of covenants.

For a further understanding into incurrence vs. maintenance covenants, this episode will breaks it all down.

Tune in to gain a clearer understanding of how these debt types shape deal structures.

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Our student Jesus came to us from a non-target school that sends less than 5 people into investment banking each year.

Prior to WSMM, he submitted 50 applications and couldn't get any interviews. After working with us, he secured his first internship within just 1.5 weeks.

Hear how he ultimately finished his recruiting process by becoming the first person from his school to receive an offer from private equity megafund Carlyle.

Want help securing an offer from a top tier firm on Wall Street?

Apply here: wallstmastermind.com/applyutm_source=podcastep321

In this episode, we cover the importance of asking thoughtful questions at the end of an interview, a key way to demonstrate your interest in the firm and connect with your interviewer.

We walk through three general types of questions you should keep in mind: questions about the interviewer’s background and experiences, questions seeking their advice, and inquiries about the specific roles and responsibilities.

Tune in to learn why having questions ready is a must and how to use this opportunity to leave a strong impression.

Want help securing an offer from a top tier firm on Wall Street?

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In this episode, we break down the different types of debt used to finance an LBO deal.

We touch on the key differences between bank debt and high-yield debt, including interest rates, repayment terms and covenants.

Tune in to understand how these debt options and considerations help structure successful LBOs.

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Our student Advik came to us as an international student in his junior year after having already deferred his graduation so that he could recruit again.

Coming from a non-target school, he struggled to find much guidance at school and was slowly losing hope in his long-time dream of breaking into investment banking.

Hear how our program helped him optimize his recruiting process, reach out to over 600 bankers, and end up with one of the top groups at his bank.

Want help securing an offer from a top tier firm on Wall Street?

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In this episode, we break down the critical concept of sources and uses in a Leveraged Buyout (LBO).

We discuss key considerations like determining how much debt the deal can sustain, assessing valuation methodologies, and ensuring that sources and uses balance.

Tune in to understand how this fundamental framework underpins every successful LBO transaction.

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Our student Emma was an MBA student in Canada with experience in investment management. She soon realized she wanted to pursue investment banking, but that Canadian investment banks hired very few people at the MBA level.

She tried joining clubs, case competitions, and even took free courses on financial modeling, but still struggled to differentiate herself as a candidate.

She decided to join WSMM where we helped her polish her behaviorals and master her technicals.

Hear how she became a top candidate and was able to outcompete her class for one of the only positions left at one of the top Canadian banks.

Want help securing an offer from a top tier firm on Wall Street?

Apply here: wallstmastermind.com/applyutm_source=podcastep315