Summer London internship visa process for US citizens

Hello everyone,

I am curious as to how the Visa process works for US undergraduates looking for a junior summer internship in IB may work, and what my chances may be for attaining an internship. I would seriously consider living in London for two years after graduation.

Webinar: BB TMT Associate - Week in the Life -- 730pm ET, 7/6/15


On Monday July 6th at 730pm ET Wall Street Mentor Prashanth will be hosting a webinar entitled "BB TMT Associate - Week in the Life", with a q&a session to follow. Prashanth is an industry veteran with experience in Investment Banking.

Prashant is one of our better presenters and If you're interested in learning more about the life of a BB associate and the TMT space (technology/media/telecom), you should definitely join us Monday evening!


If you missed the webinar, it will be available on the homepage for 24 hours (in 1 month, on August 6th at 8am ET after the initial presentation), before going into the WSO Video Library.

July 6, 2015 - 7:30pm to 8:30pm
Event type: 
WSO Webinar

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Wall Street Oasis SEO Interns Needed NOW

Wall Street Oasis is looking for several hard working individuals to join our intern team to help with online-marketing tasks, specifically Search Engine Optimization (SEO) and link-building.

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Notes from a Girl in Consulting (and Finance)

I've had a great and interesting journey so far, and to be honest, I'm not sure what I want to do finally - we'll see how it goes.

I'm impatient, not detail-oriented, fun loving, not serious - none of the characteristics generally valued in banking or consulting. Yet I just got an outstanding review from my consulting internship saying I don't have any major areas that need improvement, and should I want to return to finance, have a standing offer from a former manager.

Things that have helped me a lot:

How do you guys deal with negative press about finance?

Finance-hate is so common, that almost anything related to the ills of the finance industry passes as news these days, whether or not it makes any sense whatsoever. People are very influenced by the stories they hear. People seem to assume that my peers are Patrick Bateman, Leonardo di Caprio, or some character out of a Michael Lewis novel, but frankly those people are fairly rare in real life. I see very little resemblance between what I do in IBD and these fictitious characters.

I also see very little relationship between what I do and any possibility of harm done to others. I've thought and reflected about it a great deal, and I simply think these people are just plain wrong most of the time. So much of what is said about finance is just so off base that it irks me. People I meet (including my roommates in college) make all sorts of negative, untrue assumptions simply because of what I do for a living.

Examples in the last month:

Mid-Market PE Valuations: Where Up is Down

With U.S. stock markets near record highs, and M&A activity on-track for another big year, there has been much commentary about whether markets have once again detached from intrinsic value. By and large, the labour market has returned to normality, the housing market has recovered, and consumers are spending again. However, what's missing is any obvious catalyst for accelerating economic growth to drive corporate profits, and thus, boost markets any higher. This is all relatively common knowledge, but underneath this picture is the activity in the middle-market of private companies; an area that has some surprising facts of its own.

Traditionally, middle-market firms tend to be laggards of their public market brethren. This is often the result of their smaller size (which suggests greater risk), and liquidity discounts (because an owner cannot quickly dispose of their interest like an owner of a public company can). Recent experience by our team has turned this notion on its head.

Over the past few months, we were involved in a competitive sale process to acquire a niche-market retail company. This company had been able to carve out a segment of their industry that left them with few true competitors and subsequently had experienced consistent growth. Despite this growth, the company was still a regional player and thus had annual revenues of around $20MM, and EBITDA of approximately $2MM.

Rewind - Week in the life of a Sports Consultant (UK) + How I Broke In + Q&A

In case you missed our April 22nd webinar entitled Week in the life of a Sports Consultant (UK) + How I Broke In, have no fear. The full recording of the webinar can be found below (free for only 24 hours and then it goes into our video library). Do you want to a 1 on 1 mentoring session with Donal? Click below:


All rewinds will be available everyday at 8am ET.

And, as always, if you want to sign up to hear about upcoming webinars before they happen, sign up inside the post...

Sign up for the webinar notification email list

I've heard from some people that they had trouble finding out how to sign up for this list. Add your name/email to the form below and you'll be notified of future webinars. FYI I email 30min before each webinar with a link to join in + each email includes info for upcoming webinars and webinar rewinds.

Altucher: Don't Go to College

Mod Note (Andy): Best of Eddie, this was posted on 2/9/11. Old video got taken down, but this one is pretty relevant.

I can almost hear the collective gasps from the peanut gallery as you guys watch this, but Formula Capital's James Altucher thinks college is a sucker's bet. Well, not really. But he thinks it can be a really bad move to go straight from high school into college, and he makes some great points. Why shouldn't everyone try to start their own business, if for nothing else but the experience? I really want to hear your feedback on this one, and try to think outside the box a little.

Exit opps from a regional boutique

I am currently interning at a regional boutique (super regional) with a 5 person team in NYC focusing on the Health and Wellness/Life Sciences sector. I'm curious to see if anyone was working at one and if they were able to lateral to a MM,EB, or even a BB and how. I already know how competitive full-time IB will be. Just want to hear your thoughts. Thanks.

Recently Hired by Firm Going Bankrupt

Hi Everyone,

I'm a recent graduate (only 3 summer internships) and I recently transitioned into the PE industry. After working 2 months at my current firm; it appears the ship is sinking. A large amount employees with 1-2 yrs experience have left or are leaving.

What would you do in this situation? With only 2 months of experience and no other full-time experience (non-internship) my resume isn't very strong.

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