What is the definition of Mergers & Acquisitions?

Mergers & Acquisitions or M&A is a group in an investment bank that is specialized in providing advisory services to clients on the purchase, sale and merger of private or public companies. They typically operate across all industry sectors.

Working within M&A requires a lot of pitching to companies using pitch books and financial models to show the potential returns of a merger or acquisition. One of the most prestigious M&A departments is at Morgan Stanley.