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Webinar: An Overview of Aerospace, Defense and Government Services Investment Banking -- 8pm ET, 11/30/15


On Monday November 30th, 8pm ET Wall Street Mentor Ivan will be hosting a webinar entitled "An Overview of Aerospace, Defense and Government Services Investment Banking", with a q&a session to follow. Ivan is an industry veteran with experience in Investment Banking.


If you missed the webinar, it will be available on the homepage in exactly 1 month, for 24 hours December 30, 2015 before going into the WSO Video Library.

November 30, 2015 - 8:00pm to 9:00pm
Event type: 
WSO Webinar

Starting an Advisory Boutique

Hey Guys,

I am an undergrad student in my last year and I have interned at a private equity funds of fund that focused on the lower middle market. I have this idea that I would like to share and get feedback. I hope this doesn't sound like the kids that want to start a hedge fund or private equity fund straight out of undergrad.

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WSO Investment Banking Resume Template for College Students Released to the Public!

Big Announcement: WSO Resume Template is Out in the Wild!:

Mod Note (Andy): If you're looking for our resume for experienced IB professionals or a private equity resume template, click here..

For those of you looking to make sure your CV format is clean and make sure that your investment banking resume is polished, we have a great sample resume you can now use free of charge (attached to this post below). We know how competitive internship applications and summer analyst positions are nowadays, so we're hoping this gives you an even bigger edge in recruiting.

After seeing members consistently reference other resume templates in the public resume review forum (that are good but inferior in our opinion), we have decided to release the WSO resume template for free to the public. This is the same CV template we use in all of our the WSO resume reviews with experienced finance professionals.

My Experience as a Market Risk Analyst

Post any questions you may have and I'll do my best to answer!

There doesn't seem to be much information on this website regarding this niche role so I'd like to just expand on this and hopefully future readers can gain insight on this function.

I interned this past summer in Market Risk at a top BB (GS/MS) and I think the role is great if you want to make a decent living with great hours. As an analyst, I covered two equity trading businesses and you primarily analyze the risks that the traders take in using VaR and stress tests. You'll look at PnL changes day over day as well as your exposure to equity delta risk, interest rate risk, credit risk, etc. There was definitely some interaction with front office Strats as well as other groups within Finance including credit risk, controllers, and corporate treasury. The work is interesting in the fact that you are able to learn a lot about the markets and see the risk side of things that the traders don't see. Traders usually look at the traditional trading greeks while we looked at VaR and stress tests.

You don't know anything— 5 things to do about it

Throughout my career I was constantly reminded of how little I knew.

When I interviewed for the job at Goldman Sachs, as a finance major writing a thesis on option pricing and having interned at JP Morgan, I thought I knew the job. But when I started I realized I didn't know anything.

On the first day alone, stumbling through income and cash flow statements calculating EBITDA, LTMs, and fully-diluted EV multiples I realized the learning curve was steep and I had to get climbing. When I started working on deals in industries as disparate as mining, banking, technology, and telecom, again I was reminded I didn't know anything.

The same was true when I moved to Silicon Valley and technology banking. In my interviews I confidently talked about B2B and B2C, but when I got to Menlo Park, reading about Cisco routers it was obvious I didn't know anything.

Already have a lot of money...should i really go into banking?

At risk of sounding totally entitled and arrogant, I'm just gonna ask it the way it is...

I'm 20 and have have inherited enough money that I probably have a higher net worth than most MD's I would potentially be working for. I'm ambitious, and motivated by career success and achievements, but not so much about a 100K salary out of school that could turn into millions over the long run if I sacrifice the rest of my life. I don't really need anymore money to support myself and my lifestyle.

I've been interviewing at some banks and honestly it sounds like a pretty shitty life, that people would only agree to for the promise of what might come after. But I'm not really sure it's worth it. Junior monkey's out there, if you didn't need or care about the money, would you still be in banking?

Value and Taxes: Breaking down the Pfizer- Allergan Deal

A week ago, I began my series of posts on the drug business, starting with my perspective on how the business is changing and then moving on to post on Valeant's business model and the runaway story of Theranos. I am finishing this series with a post on Pfizer's plan to merge with Allergan and the economics of the merger. This deal, which will make one of the largest pharmaceutical companies in the world even larger has drawn attention not just because of its magnitude, but also for its motives. While there is some desultory chatter about synergy (as is the case with every merger), this deal seems focused on two specific motivations: the first is that this is a bid by Pfizer to buy Allergan's higher growth and the second is that this is a deal designed to save taxes. Not surprisingly, the latter is attracting attention not just from investors and financial journalists, but also from politicians.

Rewind - Consulting Case Seminar + Q&A – 8am ET, 11/25/2015

In case you missed our October 25th webinar entitled Consulting Case Seminar, 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 Steven? Click below:


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...

November 25, 2015 - 8:00am to November 26, 2015 - 8:00am
Event type: 
WSO Webinar

Webinar: Consulting Case Seminar -- 12pm ET, 11/29/15


On Sunday November 29th, 12pm ET Wall Street Mentor Dr Steven Mo will be hosting a webinar entitled "Consulting Case Seminar", with a q&a session to follow. Dr. Mo is an industry veteran with experience in Consulting.

This presentation will be about 45minutes and attendee participation is encouraged!

Steven's bio: Healthcare IT Director at a Fortune 20 company, Entrepreneur, Rhodes Scholar, and ex-BCG consultant with a Ph.D. in Biomedical Engineering (Oxford) and a B.S. in Biology (MIT); former interviewer at BCG, especially target candidates with PhD, JD, and/or MD background.


If you missed the webinar, it will be available on the homepage in exactly 1 month, for 24 hours Decemer 29, 2015 before going into the WSO Video Library.

November 29, 2015 - 12:00pm to 1:00pm
Event type: 
WSO Webinar

Non-Targeted Southern School with No Connections, 2016 Capital Markets Analyst

So I am from a very non-targeted Southern school. I grew up in a small South Carolina town and I am the first in my family to get a degree from an accredited school. I didn't come from much money (my family was in real estate and the recession really hurt us), so I had to pay for college. For me, this meant going to a state school and graduating as quickly as possible--Bachelors and Masters in Economics in three years.

M7 MBA Stereotypes Busted!

I think this would be very helpful for MBA candidates.

I'll shoot first . Was in Chicago visiting Kellogg and Booth, met a handful of current students (& alum) and learned something I found surprising: when looking into PE resources at both schools, Kellogg's was much more impressive than Booth's (no offense to all the Boothies out there). ** If anyone has specific questions about this, send me a note.**

This was a surprise to me because of Booth's reputation as a "finance/quant" school and Kellogg's reputation as a "marketing & consulting" school.

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