Operations careers in Transaction Strategy and Execution

The EY-Parthenon Transaction Strategy and Execution (TSE) Operations team provides operational advice to assist corporate and private equity clients in realising their value potential through M&A activity – integration or divestments – or through rapid transformations.

    Applications to our 2024 programmes are now closed

    Being part of Ops has been an enriching and rewarding experience. I have valued working on projects ranging from carve-outs to value creation. I have also worked on various interesting business development pieces within Consumer Products and Retail (CPR) and Energy. Aside from this, I enjoy being involved in Recruitment & Onboarding and the Diversity and Inclusion initiative of increasing women representation within TSE.

    Sharanya

    In my first 12 months in the Ops team, I have worked predominantly on post-deal carve-outs in the Technology, Media and Telecoms (TMT) sector. One of the great things about TSE, though, is that if you have a particular interest in a type of client / deal, there is a whole breadth of projects you can get involved in. Alongside project work, I am also involved in the Onboarding and Consumer Products and Retail (CPR) team.

    Ed

    Operations

    The TSE Operations team work on a mixture of pre-deal analysis and due diligence (operational, carve-out and synergy), integration / divestiture planning and execution, value creation and operational turnaround for a mixture of corporate and PE clients.  

    Working across the full transaction life cycle allows members of the Operations team to experience, and provide solutions for, a breadth of client challenges before, during and after a transaction takes place.

    What will you be doing?

    • You will be working with experienced project teams, supporting on pitching for new work through to executing engagements.
    • You will be supporting one of the many sectors we engage with on a daily basis, such as Private Equity, Technology, Media and Telecom and Health, Sciences and Wellbeing.
    • You will gain exposure to the deal/investment “engine” including the diligence process, valuation process, stakeholders involved (PEs, M&A teams, investment banks, legal team), bidder meetings and the deal negotiation process.
    • Assisting with wider practice development tasks from recruitment through to learning and development.
    • Supporting, and eventually taking ownership for elements of, a wide range of service offerings, including: 
      • Pre-deal analysis and due diligence (operational, carve-out, synergy identification and readiness assessment)
      • Integration planning and execution (integration/joint venture strategy and planning, synergy identification, validation and realisation, organisational/process/system design, and governance setup and execution)
      • Divesture planning and execution (stand-alone cost modelling, one-time cost analysis, separation planning and governance, day one/exit readiness, transitional service agreement (TSA) strategy and governance and stranded cost analysis)
      • Portfolio value creation and operational turnaround

    Professional qualifications

    CIMA CBA (Certificate in Business Accounting)

    Programme length

    Graduate: 2 years
    Summer internship: 8 weeks

    Programme eligibility

    Graduate: the programme is aimed at final-year university Bachelor’s and Master’s students, pursuing a variety of degrees and with an analytical mindset. 
    Summer internship: the programme is aimed at students in their penultimate year of study. 

    How will it be structured?

    • Graduate

      Over the two-year graduate programme, participants will take part in shaping the future of companies through a mixture of pre- and post-deal projects.

      Below are some key details you can expect from the graduate programme on the TSE Operations team:

      • As a graduate programme participant, you will be exposed to a diverse range of situations within the transaction lifecycle by working on client-facing projects in varying sectors and service offerings.
      • You will learn from industry leaders across all sectors and service offerings and you will be given job responsibilities that provide learning opportunities and add value to clients.
      • You gain an understanding of the day-to-day work of EY-Parthenon analysts, such as performing research and developing data books, as well as supporting the team with creating reports and presentations for clients. Some of the work will be based in the office, and some may require you to travel. Participants will also join team socials, team events and away days throughout the year.
      • Getting the CIMA CBA (Certificate in Business Accounting). This will give you a great foundation in understanding company financials, business strategies and management, which is an essential part of the work we do. The CIMA CBA will nicely complement the skills you’ll pick up on the job and further enhance your skill set with clients.
      • You will take part in social activities, charity days and projects with other graduates and contribute to people initiatives such as recruitment and training.
    • Summer internship

      This summer internship programme is aimed at penultimate-year university students interested in complete immersion in the world of EY-Parthenon over eight weeks of hands-on work experience. Interns will be exposed to real-life transactions and take part in shaping the future of companies.

      Below are some key details you can expect as a summer intern on the TSE operations team:

      • As an intern, you will join one of our client-centric high-performing project teams and participate in creating value for our clients from day one;
      • Over the course of your internship, you are exposed to a diverse range of situations within the transaction lifecycle in varying sectors and service offerings;
      • You will learn from the best. Our UK&I TSE team is composed of over 250 exceptional and diverse people, including leaders across all sectors and service offerings;
      • You will receive on-the-job training and develop analytical and problem-solving skills;
      • You will gain first-hand experience with our partners and the work they do – all summer interns will shadow a partner for a day.

      You will be connected with the global EY-Parthenon professional network for exposure with international teams and clients. At the end of the eight-week programme, top-performing interns will be considered for graduate opportunities following the completion of their degrees.

    FAQs

    Please see TSE page for general FAQs relating to the application and interview process, eligibility and visa requirements and key process milestones.

    Applications to our 2024 programmes are now closed