Additionally, a recruitment strategy that reduced the burden on the analysts to prepare PowerPoint presentations is another solution the applicant proposed. Third, in the strategy, the applicant also introduced a communication monitoring framework that found the time when client demands peaked. By developing a predictive model, the applicant created a work schedule that drastically reduced the burden on the team and improved their performance.
Sample Wharton Meaningful Contributions MBA Essay #2: Process Innovation in Investment Banking (361 Words)
The junior analyst’s journey through deals and the 120-hour workweeks were unavoidable as the due diligence on billion-dollar deals required reading hundreds of research reports and breaking down complex strategic maneuvers. However, the relentless 6-day work weeks were not necessary in between deals as the culture of machoism had a bigger contribution to the long hours than the actual value from such behavior. The leadership at our boutique IB firm sensed the truth despite missing data. Interested in pivoting to a consulting role, I volunteered to work on the internal project to improve the efficiency of our team.
