Webinar: A brief overview of the similarities and differences between the top -- 7pm ET, 8/5/15


On Wednesday Aug 5th, 7pm ET Wall Street Mentor Alex will be hosting a webinar entitled "A brief overview of the similarities and differences between the top", with a q&a session to follow. Alex is an industry veteran and founder of mbaapply.com.


If you missed the webinar, it will be available on the homepage for 24 hours (in 1 month, on September 5th at 8am ET after the initial presentation), before going into the WSO Video Library.

August 5, 2015 - 7:00am to 8:00am
Event type: 
WSO Webinar

Cost Estimators: The Bankers of the Construction Industry

Recently guys I have started a career in the construction industry as a project manager and cost estimator for a local company (boutique) and have seen the underlying similarities to the bankers of the financial world.

It's also a career most finance and business guys haven't heard of because the companies almost purely recruit from those interested in the construction world (civil engineers and construction science majors more so). Although it is exceptionally easy to get into with a finance/business degree because many of them don't have the education at all.

Just what exactly is a cost estimator?

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2016 Full-time IB Recruiting Timeline Megathread

It's that time of year again, folks. Time to polish those resumes, fire up the LinkedIn and WSO search functions, and bug the hell out of the career advisers at your schools. It's recruiting time!

We are all looking for information on timelines and deadlines for every bank possible. If you or your school has information on important upcoming dates, please, please, please share them with us!

I'll collect all the information I can here in this first post, and I'll update it from info in the body of the thread. If you have information and you don't want to post for whatever reason, PM me and I'll add it.

I realize some of this will be speculation, so if you see something here you know not to be true, let me know.

Applications / Interviews / Superdays

Rewind - How to survive the trading floor as a junior in a dying market + Q&A

In case you missed our July 1st webinar entitled How to survive the trading floor as a junior in a dying market, 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 JP? Click below:


To see the original event page with a description of the webinar and read more information about the presenter click http://www.wallstreetoasis.com/event/webinar-how-to-survive-the-trading-floor-as-a-junior-in-a-dying-market-430pm-et-7115.

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...

August 1, 2015 - 8:00am to August 2, 2015 - 8:00am
Event type: 
WSO Webinar

Analyst or Associate – Credit Risk – New York City

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Boutique international bank seeks an analyst or associate with 2-4 years of post-undergraduate experience to join its credit risk group.

Start Date: 
Job Type: 
Recruiter Posted

Webinar: Corpfin Analyst to Top 10 MBA Program, How to Prepare -- 7pm ET, 8/4/15


On Tuesday Aug 4th 7pm ET Wall Street Mentor Arshan will be hosting a webinar entitled "Corpfin Analyst to Top 10 MBA Program, How to Prepare", with a q&a session to follow. Arshan is an industry veteran with experience in corporate finance.


If you missed the webinar, it will be available on the homepage in exactly 1 month, for 24 hours September 4, 2015 before going into the WSO Video Library.

August 4, 2015 - 7:00am to 8:00am
Event type: 
WSO Webinar

Is Meritocracy Dead in America?

Mod note: Best of Eddie, this was originally posted on 8/22/12.

Here's an interesting spin on the class warfare that seems to have grown much worse over the past decade. MSNBC's Chris Hayes opines in his new book that America is no longer a meritocracy, but an aristocracy with a couple hundred million serfs. In a lot of ways, it's hard to argue against that. He makes the point that the ruling elite weren't satisfied just climbing the ladder, they had to pull it up behind them. What do you guys think? Is America still a meritocracy, or are we forever doomed to this inequity?

When will the 80% LTV days come?

We used to have a pretty good lending relationship that was funding 80% LTV for retail and hotel properties provided of course that the debt service coverage was very strong. However, once the recession hit, this changed pretty fast. Nowadays I am only slowly starting to hear about 80% LTV, but only for property types like multifamily. For the most part 75% is still the max is most asset classes. Anyone seeing any conventional bank lenders (not private lenders) pushing LTV now? If so, what asset classes? What markets?

Introducing: The Hedge Fund Name Generator

Prospective HF managers: Having difficulties coming up with a creative name for your hedge fund? Just visit hedgefundnamegenerator.com . And in case you want to start a hedge fund tomorrow, here are the most liked hedge fund names on that website:
1. SilverStone Partners
2. LiquidStone Group
3. SilverRiver Associates
4. RedHill Sons & Co
5. BlackBay Sons & Co

The difficulty can be seen both in the fact that the random Hedge Fund Name Generator has been around for six years already, and by the increasingly poor choices being made: Dabroes Management. Genius Hedge Fund. 5:15 Capital Management. Point72 Asset Management. And, as this jaunty little video from the Journal notes, Brown Trout Management.

No offense to the guys who work there, but why on earth would someone invest millions of dollars in funds that named Genius Hedge Fund or Brown Trout Management? My hedge fund's name is Green Crescent Advantage. What name did you get?

WSO Mobile Offers: Text "WSO" to 38470 and get...

If you text the 3 letters "WSO" to the # 38470, you will be entered to receive 1 special discount every month to WSO's products and services...these include WSO Resume Review, Wall Street Mentors, Financial Modeling Training, WSO Job Board, WSO Video Library and more...again, it's as simple as texting the 3 letters "WSO" to 38470 :-)

Thank you for supporting the WSO community,

Financial & Valuation Modeling Boot-Camp

Financial modeling is a skill that any investment banking analyst will have to master. Although the majority of investment banks and other financial firms now have formal training programs, many students and prospective finance professionals are choosing enroll in self-study financial modeling training programs to look more competitive to potential employers and position themselves as a valuable asset to the firm from Day 1.

Wall Street Oasis presents 35% off Wall Street Prep's popular 3-day Investment Banking Boot Camps. ***NOTE: When you register with a .edu address the discount will be applied upon checkout ...if you are a student without a .edu address please contact Wall Street Prep directly. Discounts do not apply to seminars run by CFA Societies.***

If you can't attend a boot camp, train yourself with Wall Street Prep's popular Self-Study programs and get 15% off as a visitor from WSO! You won't find that deal anywhere else. If you are not a student, you can still get 15% off the live IB Bootcamps by clicking below.

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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.