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  • Josh Rovner

Why Jefferies Group for Investment Banking? / Overview of Jefferies Group


Overview


Jefferies Group is one of the largest independent, global middle market investment banks in the U.S. The firm also offers financial services including research and wealth management.


In July 2022, Jefferies announced a spinoff of Merchant Banking portfolio company Vitesse Energy in order to focus on its core investment banking and capital markets businesses.


Jefferies Group Overview


Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Jefferies Group, you should make sure you know:

  • 1 deal that the investment banking group has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention


We articulate how you can answer this question thoughtfully in our Investment Banking Course. We also cover all technical and qualitative information you need to get a top investment banking offer.



Big 3 Qualitative Questions




Selected Transaction


Jefferies Group provided financial advisory services to home healthcare company LHC Group during its sale to UnitedHealth.


  • Transaction Description: UnitedHealth Group (NYSE:UNH) entered into an agreement to purchase LHC Group (NASDAQ:LHCG), which will be merged with UnitedHealth's Optum subsidiary.

  • Transaction Value: US$5.4B, all cash

  • Transaction Date: Announced March 2022

  • Press Release


Fact Sheet


Jefferies Group Logo


  • Company Name: Jefferies Group

  • Description: Jefferies Group LLC is an American multinational independent investment bank and financial services company providing clients with capital markets and financial advisory services, institutional brokerage, securities research, and asset and wealth management products and services

  • Bank Category: Middle Market

  • Ticker: NYSE:JEF

  • Founded: 1962

  • Employees: 2,900

  • Chief Executive Officer: Rich Handler

  • Headquarters: New York City, USA


Resources


Jefferies Group Glassdoor



Jefferies Group Salary


Based on the H1B Database, the average base salary for an Investment Banking Analyst at Jefferies Group is $96k - $110k.

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