Based on the WSO Dataset, while there isn't a specific mention of using AI tools like ChatGPT for summarizing third-party reports or analyzing documents such as JV agreements in the finance sector, there is a general trend towards integrating technology to streamline processes. For instance, there are mentions of tools for managing documents and tracking deal progress, which suggests a receptiveness in the industry to using advanced tech solutions. However, for AI applications in summarizing and analyzing specific financial documents, it would typically depend on the sophistication of the AI tool and its training data. In general, AI tools can be very effective in handling large volumes of data and providing summaries, but their accuracy and reliability would need to be vetted for specific tasks like legal document analysis.

Sources: What kind of tools / apps do you wish existed in the industry?, Open Source Argus, Corporate Finance Q&A with accountingbyday, BJM85, STorIB, and djfiii, Training Juniors, Intro to M&A deal docs

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

From my experience with the free version of ChatGPT, it often finds large data or text to be too long to dissect. If you paste in little by little, it does create a nice summary. But also following to see if anybody has any other thoughts on ChatGPT 4 version or any others for analyzing larger documents / data inputs.

 

Aut sapiente ut quidem consequatur et ut. Voluptatem repellat nisi porro. Excepturi accusantium rerum repudiandae sint quia ea. Non est ab architecto quis culpa molestiae. Sed iste ea perferendis. Ipsam sapiente aspernatur eveniet quibusdam.

Fugit eum architecto autem alias quos. Consequatur dolores unde est saepe. Ratione sit asperiores quis.

Et amet voluptatem aut occaecati. Sit ipsum aut aut quia.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

โ€œ... thereโ€™s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...โ€

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

โ€œ... I believe it was the single biggest reason why I ended up with an offer...โ€