During my Master’s I did an internship at one of our main competitors. From this, I knew Houlihan Lokey had a good reputation and deal flow, and I worked opposite them in various transactions. I was impressed with the quality of the people I met; they seemed both intelligent and considerate, so I decided to apply.
Working in a boutique firm means more responsibility and exposure to the entire deal process. I have friends in larger banks, and they don’t seem to get the same level of exposure. However, Houlihan Lokey is also big enough to have a global platform; it combines the best of both worlds.
I work in the consumer, food and retail group, where we mostly advise companies on M&A. As an analyst, you are the engine of the deal team, keeping things moving along and making sure seniors get all the material and analysis they need. You conduct financial analysis, create marketing material, deal with logistics and due diligence, act as intermediary between client requests and the other advisors, and vice versa. Most of the work you produce, even at the most basic level, will go to the client and could even be circulated at a wider industry level.
For an investment bank, the culture is very laidback. Though we are high achievers, the environment is not overly competitive; we have a very collaborative culture.