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ISSUE 001SUMMER 2026

Tool 道具 · Role comparator

Compare the paths

Choose up to three roles. Compare the work, training, schedule control, interview focus, and main tradeoffs.

Comparison of Investment banking, Private equity across six fields
FieldInvestment bankingPrivate equity
What the team doesAdvises companies on acquisitions, sales, financing, and capital raising.Buys or invests in companies, monitors them, exits the investment.
Typical junior tasksResearch, model updates, presentations, checking numbers across documents.Screen deals, build LBO models, run diligence, write IC material.
Core technical skillsAccounting · valuation · spreadsheet discipline · writingBusiness judgment · downside analysis · debt & returns modeling
Schedule controlLow control — deadlines move with the deal.Low-to-medium — diligence sprints compress weeks.
Common interview workAccounting, valuation, and deal walk-throughs.Paper LBOs, deal experience, investment judgment.
Main risk of choosing for the wrong reasonChoosing for prestige when the daily work is revision-heavy production.Recruiting is narrow, fast, and inconsistent; junior work stays process-heavy.
RESULTBased on your answers, Investment banking is the closest match on work type. That isn't a recommendation. Read the tradeoffs and complete one sample task before applying.
Investment banking
What the team does
Advises companies on acquisitions, sales, financing, and capital raising.
Typical junior tasks
Research, model updates, presentations, checking numbers across documents.
Core technical skills
Accounting · valuation · spreadsheet discipline · writing
Schedule control
Low control — deadlines move with the deal.
Common interview work
Accounting, valuation, and deal walk-throughs.
Main risk of choosing for the wrong reason
Choosing for prestige when the daily work is revision-heavy production.
Private equity
What the team does
Buys or invests in companies, monitors them, exits the investment.
Typical junior tasks
Screen deals, build LBO models, run diligence, write IC material.
Core technical skills
Business judgment · downside analysis · debt & returns modeling
Schedule control
Low-to-medium — diligence sprints compress weeks.
Common interview work
Paper LBOs, deal experience, investment judgment.
Main risk of choosing for the wrong reason
Recruiting is narrow, fast, and inconsistent; junior work stays process-heavy.

Based on your answers, Investment banking is the closest match on work type. That isn't a recommendation.

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