Investment Banking Analyst

In this two- year program, Baird offers recent college graduates the opportunity to work as Baird Investment Banking analysts. New analysts are placed into sector teams with broad coverage responsibilities for an array of industry sub-sectors. As an analyst, you will provide analytical support on mergers and acquisitions, public offerings and other financial advisory services. Our middle-market focus and small deal team size give analysts the opportunity to work with senior bankers and key management from client companies on a daily basis.

Separately, analysts may be placed directly into the Financial Sponsors Coverage Team, where they will focus on serving the middle-market private equity community or into the Equity Capital Markets Team where they will focus on developing expertise related to corporate financing alternatives in the equity markets.

Throughout the program, analysts receive support from all levels of the firm. The program begins with three weeks of extensive training in our Milwaukee office. Ongoing training comes from mentors assigned to each analyst and from senior bankers on deal teams.

Over time, you will gain a high level of competence and have the opportunity to play an integral part on your respective deal teams. You will assume a broad range of responsibilities including:
  • Developing company valuations and financial models
  • Developing transaction marketing materials including selling memoranda, roadshow presentations and pitch books
  • Conducting industry and company research and analysis
  • Acting as a point of contact throughout the transaction process
  • Attending client meetings
  • Developing varied industry and transaction expertise, and staying current on industry developments
  • Developing an understanding of the underlying trends that affect the equity capital markets
  • Gaining an understanding of the interests and investment criteria of a number of middle-market private equity firms
Candidates for the program will posses the following qualifications:
  • A strong work ethic, detail orientation and a passion for excellence
  • The ability to excel in both team and self-directed settings
  • A bachelor's degree with a minimum 3.5 GPA
  • A working knowledge of spreadsheet and word processing software programs
  • A willingness to make a two-year commitment to the program
In addition to the above qualifications, candidates for the European program must possess the following:
  • A minimum degree classification of 2:1
  • Eligibility to work in the U.K. or European Union

After the second year in the program, analysts will have developed invaluable skills that afford them a number of career opportunities. Analysts who consistently exceed expectations often get the opportunity to continue on for a third year. At the end of their third year, the highest performing analysts may have the opportunity to be promoted to associate and may be invited to become a Baird Scholar. After completing the typical two-year program, analysts have moved on to a wide variety of opportunities such as business school, positions with private equity firms (potentially including Baird Capital's U.S. Private Equity) or roles within clients' organizations that typically are the result of Baird relationships.

The Interview Process
First round interviews consist of interviews with one to two bankers, generally 20-30 minutes each. The interviews occur either on campus or in one of our offices.

Second round interviews ("Super Saturday") consist of six interviews with two bankers per interview. Each interview is 20-30 minutes each. The interviews occur in our Chicago and Milwaukee offices. A reception is held with candidates and bankers on the evening prior to the interviews.

Offers are made shortly after the second round of interviews.

Things to Consider Before You Interview
You should be prepared to discuss the following during your interview:

  • What do you know about the investment banking industry?
  • Why are you interested in a career in this industry?
  • What do you know about Baird? Our culture?
  • What about our firm and culture appeals to you?
  • Think about your strengths and weaknesses and be able to discuss both. How do your strengths apply to investment banking?
  • What are your three greatest accomplishments?
  • Describe a failure. What did you learn from it?
  • How would your peers describe you? What would they say you could improve about yourself?