In Episode 12 of the Mergers Podcast, The Merger's member, Hector Mendez gives an inside look into the demanding world of investment banking. With 6 years of experience leading major tech M&A deals, including a $250 million sale to Ripple Labs, Hector shares what it really takes to succeed in IB-from mastering financial models to navigating the intense "up-or-out" culture. He also offers a behind-the-scenes glimpse into recruitment, explaining how he filtered through 1,000 intern applications to hire just one or two: “500 were good, but we could only take a couple.”
Hector provides practical advice for those entering the field, warning it’s a path for those ready to sacrifice: "It’s not rocket science, but it’s long hours and a lot of work." For those already in IB but struggling, he advises sticking it out for a couple of years to gain valuable experience. He also reflects on his personal transition out of IB to a role at the CFA Institute, where he's found a better work-life balance.
This episode offers a candid, no-nonsense discussion on what it takes to thrive in investment banking. Whether you’re breaking in or simply curious about the industry, Hector’s story provides actionable insights and a realistic view of life in high finance.
Tune in for a thoughtful and eye-opening conversation on the Mergers Podcast!
Негізгі бет The hidden truth about Investment Banking [Member Guest - Hector Mendez]
Пікірлер: 2