2015 Investment Banking Interview Prep Pack PLUS...Special Deal

We're excited to announce that we have just created a special discount for our investment banking interview Prep Pack customers.

Our new 2015 "Plus" version of the package includes 1 year access to the WSO Video Library ($399 value) and 1 year access to the WSO Company Database ($360 value) for only $100 (which is a whopping saving of $659 vs. buying those resources alone).

This deal is only available to people who purchase or have purchased the IB Prep Pack. New clients also have the option to get the investment banking interview Prep Pack Plus deal by clicking here. Old customers can upgrade by clicking here.

Get the 2015 IB Prep Pack PLUS


The WSO Advantage

Every step of your career we have you covered. Our products & services are listed below:

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Get Your Resume Reviewed by Industry Pros

Recruiting season is here now...so make sure you're ready for it with a Finance Resume and/or Cover Letter Review from one of our expert resume reviewers. Need it done in a hurry? Expedited Service is available (72 hours or less*).

If you're not serious about breaking into Wall Street, you should honestly not waste your time reading any further. If you are serious, then you probably already know how competitive it is to land a job in finance and that every part of your application needs to shine. This starts with your resume.

The WSO Finance Resume Review service is an investment that will help you make that important first step to land the most coveted jobs on Wall Street. Our track record is flawless and we promise to give you a tailored experience in order to help you craft the best possible application.


Thank You To Our Sponsors

We'd like to thank the Wall Street Oasis sponsors that help keep the community free for everyone and we encourage all of you to check them out below!

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Private Equity Interview Prep Pack Version 2.0 is Out!

Ready to tackle the toughest private equity interview questions? Recruiting season is right around the corner and just in time we've released version 2.0 of our popular PE interview Prep Pack.

This new version includes:
- 9 LBO Modeling Tests with VIDEO solutions (15+ hours of content)
- 30+ additional videos integrated throughout the guide
- 5+ webinars and counting from actual PE professionals...

+ much much more...

Learn More Here

I am super pumped about version 2.0 since I think we really raised the bar with all the extra video content and video solutions to the 9 LBO modeling tests....and we're not done yet. We're already working on version 3.0 which as always, will be a free upgrade to those that get in now!

Good Luck,
Patrick

ps - for those of you that have already purchased version 1.0, please e-mail [email protected] your receipt and she'll get you version 2.0 for free within 24 hours!


SPECIAL WSO Happy Hour: The Re-Return of AndyLouis

Date/Time: Friday, August 14th @ 8pm

Location: Galway Hooker, Main Billiards Room (ground floor, all the way in the back)
http://galwaypubnyc.com/

7 E 36th Street, between 5th and Madison

HE'S BACK! The only man on WSO who is on record as tying @Frieds in a chugging contest is returning to NYC. Mr. Louis is looking for a great time "with all the WSO monkeys who like to drink" (his exact words). Come on out to Galway Hooker to shake his hand, buy him a drink and make his stay a success!

How to find the group: Mention "WSO" or "WallStreetOasis" at the door and they'll direct you to where we are located.

How to conduct yourself at happy hour and NOT behave like an ass:


McKinsey Who?

Stumbled across this Forbes article from 1999 (link at bottom of post). When reading the first few paragraphs, you could easily think it was written yesterday (aside from the salary #'s). Makes the dotcom bubble of yore feel eerily familiar....

" 7/26/1999 McKinsey who?
A June graduate of UCLA's Anderson School of Management, 27-year-old Seth Baum scored choice job offers from Deloitte & Touche and Diamond Technology Partners. Diamond promised e-commerce consulting work and stock options on top of a $140,000 salary and bonus.

He turned both down for a $75,000 job as senior marketing manager with Petstore.com, a one-year-old, on-line pet supplies retailer in San Francisco. Petstore offered him 50,000 stock options that could make him a millionaire when it goes public.

"The old wave is banks and consultants," Baum says. "The new thing is 20-person Internet companies."


7 Things I Learned While Running a Business

Thought some of you may enjoy reading this. For the last 1-2 years, I've been running an editing service as a side gig. I probably won't operate it for too much longer because my regular job takes too much time, but I thought there were some good takeaways from running it that I will definitely consider for any future business I start. After all, that is my end goal. I'd be happy to answer any questions!

For the past 1.5 years, I've run an editing service with a friend from Germany. Having studied abroad twice, I've had several international friends (non-native English) ask me to look over their papers for grammar mistakes, and they would usually compensate me with dinner or alcohol. Alcohol was the preferred payment, as Systembolaget (Sweden's government-run liquor chain) was beyond expensive. When I returned home after the second stint abroad, I reconnected with a friend I had met abroad, and we decided that there might be a market for offering affordable editing services, as editing services are typically not within a student's budget. At the time, most base prices started at $0.02/word, so you can do the math for a thesis/dissertation that is over 20,000 words. No student wants to spend their paycheck from their part-time job on this kind of service. We figured if we kept expenses low, we could charge low and become the "student-friendly editing service." Here are the top seven things I learned about running a business:

#1. A lot of competition is never good.


Why I Enjoy Networking with Candidates

I thought I'd write a networking post from a different perspective. We often see advice on WSO from people who are undergrads or recent hires with advice on how to network into the industry (good fresh perspectives from people who have recently navigated "the system"). I wanted to give a bit of insight from a different perspective as someone on the other side who participates in looking for talent: This is why I enjoy networking and how I think about it.

"I want to find the next 'me'."


I've noticed everyone I've ever met who participates in recruiting is a bit biased in this regard. We like hiring people who resemble us. For me, I respond very well to people who are highly technical and comfortable with numbers. I have a tendency to geek out. I fully acknowledge there is much more to IBD than this, but this is my soft spot. For others it's being a varsity athlete. Another favourite is school backgrounds (If I can be so bold as to say: you Americans love it when you see someone from the same school, especially non-targets).


My Advice: People are much more responsive if you have some kind of hook. If your initial contact is too "copy and paste" it risks fading into the background. The best cold callers I've seen are the ones who take a few extra minutes to customize the email by doing a quick LinkedIn creep to find a common thread.


Rejection

Mod Note (Andy): Make sure to check out the comment inside the post by @M- Weintraub

So, it's been a while since I've provided content to this wonderful website (sorry Patrick). But, I figure now would be a good time.

I just received a nice "Your no longer being considered for this job" update on a job I interviewed for a couple weeks ago. So while I'm still disappointed I figured I'd ask the group, what are some of your best rejection stories, whether it be a job or a girl or really anything.


Rewind - How to become a Certified Financial Planner+ Q&A – 8am ET, 8/2/2015

In case you missed our July 2nd webinar entitled How to become a Certified Financial Planner, have no fear. The full recording of the webinar will be available for free on the WSO homepage on this date: (free for only 24 hours and then it goes into our Video Library). Do you want to a 1 on 1 mentoring session with John? Click below:

SIGN UP WITH JOHN

To see the original event page with a description of the webinar and read more information about the presenter click here.



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...

When: 
August 2, 2015 - 8:00am to August 3, 2015 - 8:00am
Event type: 
WSO Webinar

WSO Happy Hour: The Return of AndyLouis (Thursday, Aug. 15)

"I'm telling you, the man can drink." - WSO User Frieds

We'll have a special guest in town for this coming WSO Happy Hour--Mr. AndyLouis! He'll be in New York from Buenos Aires in August and is looking for a good time to party with the monkeys of WallStreetOasis. He's also making up for missing this year's WSOCon. :-)

Come and help make his stay a success!

Join us at our old standby pub, the Galway Hooker, located on 36th Street between 5th and Madison, to meet your fellow simians and down some food and drink. 21+ only, please; mention WallStreetOasis.com at the door, and you'll be directed to the pub room (ground floor, all the way in the back).

When: 
August 15, 2015 - 7:00am
Event type: 
Other Happy Hour