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Dexter Fellowship Program

Eligibility

  • CFA Level 1; &
  • Up to 6 months experience in:
    • Private Equity / Venture Capital
    • Front-End Investment Banking
    • Back or Middle Office roles in a bulge bracket investment banking firms supporting their front-end IB team
    • Investment Banking KPO
    • Financial Due Diligence in Big 4
    • Commercial Due Diligence in top tier Consulting Firm (MBB, Alvarez & Marsal, AT Kearney, Praxis Global, etc.)
    • Credit Rating agency
    • Equity Research

Program Duration

24 months of the Fellowship: • 6 months under Fellowship + • 6 months under Junior Analyst 1 + • 6 months under Junior Analyst 2 + • 6 months under Junior Analyst 3

Compensation

  • First 0-6 months (Fellowship) ₹3,60,000 per annum
  • Next 7-12 months (Junior Analyst 1) ₹5,00,000 per annum
  • Final 13-18 months (Junior Analyst 2) ₹7,00,000 per annum
  • Final 19-24 months (Junior Analyst 3) ₹9,00,000 per annum

Intake : 2 candidates every quarter

What You Can Expect

  • Front-end role – direct interaction with start-up founders from Day 1
  • Understanding of the full deal cycle – right from first call with the founder to the time money is in the bank
  • Understand Dexter’s thesis unique lens of start-up evaluation

What You Will Work On

  • Interaction with start-up founders from day 1 in evaluation of potential deals
  • Assisting the deal lead in entire deal execution including being part of Dexter-Investor calls Company-Investor calls
  • Collateral preparation including financial model, IM, Teasers, competition benchmarking, valuation comps, etc.
  • Coordination of various due diligence processes (tax, financial, legal, etc.), investor/client calls meetings, etc
  • Deal documentation closure processes
  • Industry/sector research for deal sourcing assist in finalizing M&A/VC/PE mandates
  • Preparation and updation of marketing materials for clients, media, conferences, etc.
  • Updating internal MIS/databases

How to Apply

  • Interested candidates may apply with their resume by filling the form (by clicking in Apply Now at the bottom).
  • Post filling the form, we will share the assessment test link with the selected candidates. The test would have a moderate difficulty level and would be time-bound so the candidate(s) may brush up on their knowledge and may give some mock tests before appearing for the actual test. A percentile method with a minimum cut-off score would be used to shortlist candidates.
  • On clearing the test, the selected candidates thereafter would need to go through a rigorous interview process with a minimum of 2 rounds which can last up to 4 rounds before final selection can be made.
  • If the candidate does not get shortlisted, he/she may re-apply again after in 3 months upon improving his/her skillset.
  • The selected candidate would be on a contract basis while undergoing training and would convert into a full-time employee post-successful completion of the program.
  • The duration of each program i.e Fellowship, Junior Analyst 1, Junior Analyst 2 and Junior Analyst 3 will be 6 months each
  • Post successful completion of the Fellowship and based on the supervisor’s evaluation (2 evaluations every two months and a final evaluation at the end of the Fellowship), the Fellowship may be converted into Junior Analyst 1 which post successful completion and upon evaluation may be further converted into Junior Analyst 2. Upon successful completion and evaluation of performance in Junior Analyst 2, a Junior Analyst 3 may be offered; and on completion of Junior Analyst 3 and upon evaluation – a full-time offer of employment for the role of Investment Banking Analyst may be extended to the candidate.
  • In the event, the candidate has not completed the academic program or the candidate’s performance has not been at the desired level, and a full-time offer is not extended, the program duration may be extended by 3 to 6 months in which the candidate would be required to overcome the deficiencies as pointed out in evaluation and convert this into a full-time position, failing which a full-time offer shall not be extended.
  • The program can be terminated at any point in time in the event of indiscipline; lack of sincerity towards work or other extraordinary circumstances.
  • Candidates are also encouraged to enroll for CFA Level -1/2/3 examination fee for the same will be initially borne by you and would be reimbursed upon (a) you successfully scoring a “pass” grade in the said CFA exam and (b) completion of 12 months from becoming a full-time employee or CFA results whichever is later.
  • Company does not provide any relocation expenses.
  • The candidate while pursuing the Fellowship would not have access to Company’s insurance/health care benefits. However, once the candidate converts into full-time employment then standard healthcare/insurance benefits which are applicable to all other team members would be available.
  • Note: Please note that any candidate joining one of our programs is required to have his/her own laptop for work. The company will not be providing laptops.
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