Daniel Danev

BSc in Accounting and Finance, 2012
Analyst, EMEA Transportation and Infrastructure Group, Investment Banking Division, Morgan Stanley 

How did you choose your career?

LSE is a diverse place with plenty of doors to open and career opportunities to explore. Career societies play a vital role in that process (sign up for Investment!). My choice of industry was based on my numerous interactions with business representatives, recruiters, recent graduates and peers at the various recruitment fairs, lecture series and coffee drop-ins held on campus. Other career paths were also attractive but I chose what I was able to identify myself most closely with, following my Spring Insight experiences.

Why did you choose to join Morgan Stanley?

With more than 1,300 offices in 42 countries, my current employer is a global leader in providing the finest financial thinking, products and execution. The strong values of this diverse organisation create a motivating working environment that enables us to do our best and continuously develop. There is also a large LSE alumni community, so more senior members are able to provide guidance.

What did LSE teach you?

My BSc in Accounting and Finance has proven to be a strong competitive advantage in my current role as an IBD analyst. The tough LSE exams taught me to manage my time carefully and prioritise accordingly, which is vital in this business.

What’s your current role and what are you expected to achieve?

My current position involves a lot of qualitative and quantitative analysis in various forms and shapes (pitch books, memos, company valuation models, etc.). As an industry team analyst, I am expected to develop detailed insight into the building blocks of our transportation and infrastructure coverage universe and use this knowledge while actively collaborating with colleagues from different industry/product teams.

What has been your most significant achievement at work?

Actively participating in the coverage and preparing analysis for the CFO and shareholders of one of our top three biggest clients in the EMEA transportation and infrastructure industry.

Your most challenging task?

Building a merger model between two public companies within the course of a day was challenging. However, thanks to all the financial accounting lectures and classes I remained calm and progressed confidently.

What are the best and worst aspects of the job?

The best aspect is the option of being able to continuously rediscover myself. Learning never stops and every day brings new, exciting challenges. On the other hand, the industry is closely linked to broader economic activity, which means that while only a few deals close during downturns, the work load can quickly become excessive during the booms.

How have you contributed to the success of the organisation?

I have supported my team in a number of high-profile on-going deals, some of which are of national importance. I also pride myself on the fact that I am an active contributor to the organisation’s effort to attract the best and brightest talent, which is key to its continued success.

How do you see your career progressing?

After less than a year in my role, I see my career path being closely related to my current activities. The transportation and infrastructure space has fascinated me and I am keen to explore it further, perhaps from a capital markets perspective or a different geographical perspective.

What makes you good at your job?

Careful time management, efficient communication and the willingness to go the extra mile. Maintaining excellent working relationships is also important as IBD employees often rely on each other.

What are the top skills that graduates should develop at LSE?

Academic excellence is important in gaining access to new opportunities and it can be a game-changer. Tacit skills are just as important: getting involved with one of the LSE SU societies and taking on some responsibility is a great way to hone these skills.

What is your best piece of advice for LSE students wanting to embark on a career in your line of work?

Engage with as many people as possible from various fields! If you want to get into investment banking, competition is strong; however, the LSE is the best place to gain the skills needed.

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Daniel Danev