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Every step of your career we have you covered.

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Step 3: Master Your Career

Webinar: Hedge Fund Investment Pitch -- 12pm ET, 2/14/16


On Sunday February 14th, 12pm ET Wall Street Mentor John (@wilowallstreet) will be hosting a webinar entitled "Hedge Fund Investment Pitch - Business Models", with a q&a session to follow. John is a former MD at a Bulge Bracket bank and currently works for a hedge fund.

More info from the presenter:
"This session is going to follow on some of the ideas we discussed during the last session, more specifically we are going to continue to review the filters we discussed last time. As a reminder during the last session we reviewed what makes a good business and discussed how to understand an industry."


If you missed the webinar, it will be available on the homepage in exactly 1 month, for 24 hours March 14, 2016 before going into the WSO Video Library.

February 14, 2016 - 12:00pm to 1:00pm
Event type: 
WSO Webinar

New Private Equity Interview Prep Pack is Here!

The Private Equity Interview Prep Pack has arrived after years in the making!

Our goal at the outset was to make an extremely comprehensive industry and interview guide that would make you very competitive in cut-throat PE interviews. We had countless beta users (from current PE professionals, management consultants and investment bankers, all at top firms) that were amazing in helping us shape the package into the ultimate resource for you.

The WSO Advantage

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

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Polish Your CV to Land More Interviews. Learn More.

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Top Secret Clearance in Finance

How much of an asset is a top secret clearance for veterans in the current job market? I've heard that it can be extremely beneficial in the corporate finance space with defense contractors and defense consulting. I feel like the benefits of the top secret clearance in the civilian labor market have to be greatly exaggerated.

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.

See inside the post for more info >>>

Have Unicorns Lost Their Magic?

From an article in The Economist magazine on November 28th, 2015 titled The Rise and Fall of the Unicorns.

Valuations for private technology firms are increasing at a slower rate compared to six months ago. Analyst Fred Giuffrida, at Horsley Bridge, says that

New WSO Blogging Internship!

We are looking for several talented student writers / young professionals to contribute posts to WSO with the goal of raising the level of quality of content in our forums and on the frontpage.

Internship title: Finance / Wall Street Blogger Intern

Timeline We ask that you commit to post either 20 shorter discussion style posts or 10 blog style posts (or a combination of the two) over a period of 10-14 weeks.

How this differs from our Contributing Blogger Program: This internship is geared more towards students and recent grads. Obviously you have less experience than professionals to draw on for your posts so we're looking for more of a discussion starter style of post. More specifically we want you to research and post up a hot topic relevant to WSO's audience, summarize and/or quote your source, briefly state your opinion, and then open it up for discussion. You will go through the same training that the bloggers go through (instruction doc, videos, short quiz, test post and then afterwards we will set up a phone call to discuss the internship more in detail.

What you will write on:: Hot topics in the financial/business/Wall Street news and other topics relevant to WSO. There is a list of suggested topics you can choose from but if there is a topic of interest you would prefer to write on we are open to hearing your ideas.

Click inside the post for more information, examples, testimonials, and to formally apply.

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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What happens if you fall asleep on the job?

I can generally function well on little sleep, but sometimes I doze off at certain times (early afternoon, early evening) even when I'm well rested. I don't totally pass out or drop my head on the desk, I just fall into a very light sleep for ten minutes or so while I'm sitting at my desk and trying to work.

If I worked as an analyst and someone noticed me dozing off like this, would it be a no-go? Is this considered something that just happens, or is it totally unacceptable?

Stay positive

Hello folks, I would like to share my story a little bit for those who felt beaten up by the recruiting season.

I was born and raised in a very underdeveloped city in China. I remembered the ranking, the GDP of my province is the second or third lowest in China. Although I went to relatively good elementary school and middle school, comparing to peers, my educational background is definitely below average.

Fortunately, before going into high school, I already knew no matter how hard I study, there is no way I could get into the top universities in China because of the education system (it is more based off your residency, for example the best two universities (Tsinghua and Peking U) only take no more than 10 students from our province a year).


Mod Note (Andy): This post is a reprint from the January 25th edition of Jared's Daily Dirtnap Newsletter. If you'd like to read more, WSO readers qualify for a $100 discount to his Daily Dirtnap daily market newsletter...just email and mention "WSO Monkey Discount". You can follow Jared on twitter at @dailydirtnap..

I had to take a bunch of leadership classes at the Coast Guard Academy. It was unimaginably awful.

It's not a bad thing to learn leadership, that is, a) if you think leadership can even be taught and b) if you think it even matters in the first place. Good leaders come in all shapes and sizes, not all of them George Patton archetypes. Good leadership is impossible to define. But the search for it is like the search for the fountain of youth.

At school there was this Captain that everyone thought was a good leader. He used to call these impromptu assemblies and pontificate wildly, without notes, for about 45 minutes on high-sounding stuff that we really didn't understand. He had the commandingest of commanding voices. In oratory skills, he put Obama himself to shame.

Later, as an Admiral, he took the fall for one of the greatest Coast Guard failures ever, the acquisition project Deepwater. Giving speeches apparently has no bearing on complex negotiations with contractors.

Leadership, I suppose, you could define as the ability to get people to do what you want them to do. Which is pretty easy. You say, "do what I say, or watch your tail." You impose consequences if things go wrong. People fear consequences, so they do what you want. But that sort of thing is frowned upon.

Headed to Kellogg AMA

WSO has been invaluable to me as I have pursued a career in consulting and applied to b-school and I want to give back during this boring but glorious time at work where my job performance no longer matters!

My profile

Top 15 US News University, 3.95 GPA, major in Econ
2 years at Deloitte S&O, 2 years at a F500 retailer doing Corporate Strategy
750 GMAT
Good but not extraordinary extracurriculars (lets call them a B+)
Excellent recommendations from two current supervisors
Not URM, not international

Banks who recruit late

I started pursuing internships a bit too late - I'm a junior and wasn't totally sure what I wanted to do.

Either way, I'm doing everything I can to try and land a summer analyst internship but a good amount of firms I've been able to get in touch with have come back saying they're done recruiting for the summer. Does anyone know of firms who specifically recruit late? Trying to streamline my efforts on banks who are actually still recruiting rather than pursuing closed doors. Thanks

WallStreet Prep Master Financial Modeling