Investment Banking Associate

A Day in the Life

Sachin

Technology

Minneapolis

M.B.A., Kellogg Graduate School of Management, Northwestern University

B.S., Chemical Engineering, University of Rochester

Joined Piper Jaffray in July 2008

Director, Business Development,
Seagate

Strategic Marketing & Planning Manager,
Seagate

5:45	Wake up; go to gym; quickly check Bloomberg or Yahoo Finance for any breaking news
8:00	Arrive at work; check voice mail and calendar; run through any important e-mails
8:15	Read Wall Street Journal, Dealbook and Technology industry newswire
9:00	Examine IPO valuation work prepared by analyst the night before
10:00	Meeting with deal team to prepare for an afternoon client meeting
10:30	Start work on a convertible pitch; work on company positioning and valuation metrics
12:00	Meeting with senior banker to discuss convertible pitch updates for client readiness
12:30	Lunch
1:00	Work with assistant to update convertible pitch based on senior banker comments; order additional research
2:00	Conference call with IPO client to discuss management presentation for the upcoming road show

3:30	Internal follow-up meeting with the IPO deal team; set plan of action
4:00	Conference call with CFO of sell-side client to provide update on the auction process and review buyer documents received
4:30	Meeting with senior banker on a new upcoming client meeting
5:00	Write summary of the day’s sell-side deal activity and forward it to Piper Jaffray deal team
6:30	Get dinner and meet with analyst to start work on pitch book
7:00	Make final changes to convertible pitch and send to senior banker
8:30	Head home
There is no typical day in investment banking, which is what makes it an exciting career. A high energy level and a positive attitude will go a long way. Be ready to think quickly on your feet as you may have to travel at a moment’s notice.

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