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← How a deal actually gets done
1 / 12 · practice
What is the central misconception beginners hold about how a deal works?
A
A deal is one big signing event, when it is really months of staged, stop-start work.
B
Senior bankers do the production work while analysts mostly observe.
C
Most pitches convert into deals, so the workload is predictable.
D
Closing is the most demanding phase for the analyst.
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