The Pulse

Amongst application updates and interview prep material (yes, there are a few outstanding SA 2026 banking apps) ?? We covered the topic of diversification in last week’s release…a nice reminder given the uncertainty we face today. Give it a read, lmk what you think ?? Subscribe to The Pulse here: https://lnkd.in/em9XTNKC https://lnkd.in/eKdqqfkG

Whether you’re prepping for interviews or gearing up for your summer internship, staying informed on all things #finance is crucial. Not sure where to start? Our fellows and alums have you covered. Check out Anthony Do’s top picks for newsletters and podcasts that keep him informed of industry trends and insights (resources linked in comments). “By no means would I be where I am today without external resources. The holy grail is The Exec Sum newsletter which covers everything from markets, earnings, recent headlines, recent deals (M&A, debt, restructuring etc.). It helped me stay informed for interviews, networking, and general industry awareness. Another highly recommended resource is The Pulse Newsletter which has most up to date applications, deadlines, tips, and insider info for all things banking/consulting/buyside recruiting. They also teach a topic every week like the effects of tax cuts, global economy, private credit, and more. A podcast I listen to Business Breakdowns with Matt Reustle and Zack Fuss. Their podcast offers insight into the ins and outs of businesses such as Lululemon, Roll Royce, etc. They are able to bring execs from these businesses to ask them more in-depth questions that the general public wouldn't get to know. The podcast is great for breaking down a business to understand their history, how they make revenue, costs, and future plans. For those interested in Private Equity this podcast is highly recommended."

Happy Monday! SA 2026 banking recruiting is wrapping up, consulting recruiting is underway, and 2027 oncycle private equity recruiting is right around the corner! ? If you'll be a FT banking analyst / consulting associate this summer, then you need to be prepared. You don't want to get underpaid working 80+ hours / week forever, right? Advisory work kind of sucks, investing is much more fun. We are building here. ?? Fill out this form to get premier access to what we are building: https://lnkd.in/eXFshgyV Image credit: High Yield Harry #investmentbanking #privateequity #consulting #hedgefund #privatecredit #recruiting #interview #internship #associate

Thrilled to announce that I’ll be joining Jefferies as a 2026 Investment Banking Summer Analyst in the New York City office! Huge thanks to everyone who has supported me throughout this journey—I truly appreciate all the guidance and encouragement. Looking forward to this incredible opportunity and taking on this next chapter—can’t wait to get started!

?? Technical Thursday ?? --Case prep for dummies: Every consulting job you apply to will have a case interview ? Doesn't matter whether you're applying to McKinsey & Company, Bain & Company, Boston Consulting Group (BCG), or Oliver Wyman This helps them gauge how you think, how you communicate, and your approach to problem solving–-the consultant's whole toolbox Sitting down with a live interviewer is intimidating So the most important thing here is reps ? At the end of the day, the only way to get comfortable doing anything is to practice. The same goes for case prep Here are a few tips for you: Practice doing cases out loud ? You won’t be doing cases in your head when you interview so why do it when you practice? This will also help you be more concise Study the case process for the firm you are applying to ? Some of them have specific cases that they typically give. This way you can 'see the pitch before it's thrown' ? Practice with a friend ? Everyone thinks differently and may approach a problem from a different angle. Practicing with a friend will help you solve problems more efficiently Stay up to date on the news ? Business and political trends all play a role in firm strategy, so being able to identify trends and apply them to cases or even just appear well-read is helpful FYI, you can download MBB cases here: ?? https://lnkd.in/gAXpbJs ?? https://lnkd.in/et6-v_Hj ?? https://lnkd.in/eG7MurVS #managementconsulting #mbb #interview #recruiting #case

8,000 students across Wharton, Harvard, UVA, UMich, SMU, and Indiana have 1 thing in common They read The Pulse to gain an edge in undergraduate banking / consulting recruiting: https://lnkd.in/em9XTNKC Summer 2026 banking recruiting may be winding down, but consulting is just picking up with 4 firms already reviewing applications! #investmentbanking #managementconsulting #privateequity #privatecredit #hedgefund #buyside #recruiting #interview #internship

This looks just like the Poop Deli guy…flash forward 20 years Dan Toomey ??

Congrats Ainsley Schmitz!!

One day, the entire world will work under the Apollo Global Management, Inc. Blackstone or KKR umbrella

??Technical Thursday ??—-PIK Interest PIK = Paid in Kind Fancy way of saying ‘interest isn’t paid in cash’ ??? PIK structures provide the Company with greater flexibility to use intermittent cash flow to pay off other debt, invest in new projects, or pay dividends to shareholders. An example: Initial lend of $100 (10% PIK interest) ? -Year 1: Beginning Debt Balance: $100 PIK Interest: $10 End Debt Balance: $110 Cash Paid: $0 -Year 2: Beginning Debt Balance: $110 PIK Interest: $11 End Debt Balance: $121 Cash Paid: $0 You get the gist. PIK interest accrues to the debt balance and is NOT a cash outflow unlike traditional interest. ? #investmentbanking #privateequity #hedgefund #privatecredit #pik #interview #recruiting #internship