Sports for Networking

Thanks for those who posted helpful responses. Deleting the original post because of a lot of unnecessary flack.

A Q&A Interview: Recruiting, Bonus Bucket Placement, And Starting A Business

What’s up guys and gals! Ben from Charisma On Command here, and today I’ve got a fun Q&A interview to share with you. Why? Because I had a reader email me recently with a bunch of thoughtful questions about starting a career in finance.

And rather than answer them just for him, I thought it’d be fun to record the conversation and share it.

He agreed, so here we are :-)

Topics covered include:

  • Tips to making a great impression early
  • How to get top bucket bonus placement
  • Good and bad reasons to go into investment banking / private equity, and why I ultimately left finance altogether

The WSO Advantage

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Part 2: Reinsurance - Insuring the Insurer

What is Reinsurance?

Reinsurance is a transaction “whereby the reinsurer, for a consideration, agrees to indemnify the reinsured company against all or part of the loss the company may sustain under the policy or policies it has issued”. In plain English, reinsurers simply insure the insurance companies for potential losses from policies insurance companies may have issued. Insurance for insurance. You can only reinsure something if and only if it can be insured.

Webinar Rewind - Investment Banking Recruiting in Germany + Q&A

In case you missed our January 28th webinar entitled Investment Banking Recruiting in Germany, have no fear. The full recording of the webinar can be found below (free until Thursday 10am et when it goes into our video library). Do you want to a 1 on 1 mentoring session with Brian? Click below:


All rewinds will be on Monday / Wednesday / Friday.

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

Having Second Thoughts About Sticking Around in Auditing

Hi everyone,

I've been reflecting a bit on my busy season and discussing with people at the firm what I want to do, and I think I'm coming to the conclusion that auditing might not be what I want to do long-term and am kind of second-guessing my decision to go with Big 4 vs a Rotation Program out of school.

AYA #1: Networking Advice

Hey all - started a weekly circulation of the best advice for 20somethings called AYA ( ). Got lots of signups through WSO and wanted to share the latest edition.

Believe it will be relevant for a lot of you - focused heavily on expanding your network. See below and would appreciate comments/feedback.

What we did last week was synthesize a research paper and created an action plan to integrate the relevant insights in your life.

Be a Wall Street Oasis Contributing Blogger

Project description: Finance / Wall Street / Business Blogger
We are looking for several talented writers (professionals in the finance industry preferred) to blog for WallStreetOasis. There is a list of suggested topics you can choose from but if there is an area of interest/specialization you would prefer to write on we are very open to hear your ideas (ie trading/markets, street culture, advice/mentoring etc).

There are two options for contributing:

1) Become a regular weekly contributor. We only ask that you commit to 8 quality posts over 8-12 weeks (400 word minimum) More details will be provided during the training process. See instructions below for how to start our training (videos, doc, short quiz, phone call with Andy). Emails during the training may go into your spam and/or promotions folder, please make sure to check these.

OR 2) if you cannot commit to a regular schedule we are open to guest posts (either one post, AMA/interview, or a short series) on a particular topic, if you would prefer this way email me at [email protected].

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

If you could do it all over...

Knowing what you know now what career path would you have taken?


If you were me, what would you do for a career?

I spent the past 10 years flying a military jet, I'm going to a top 10 business school this fall. The ONLY experience I have outside of the military or high school jobs is a summer audit internship in 2005, so I am a pretty clean slate.

I have a family so I'm not considering investment banking or consulting. Everything else is fair game. I also have a preference for the state of NC.

Resume Fonts: Best and Worst

Which font to use on your résumé is not a new topic. In fact, for those of you interested in reading the best résumé and cover letter posts can find them in this great round up that Andy put together. However, as it is a question that can be poured over by anxious job seekers,

Rules for Summer Analysts with Brokerage Accounts

Just curious what are the rules for summer analysts with brokerage accounts? As long as you disclose that you have an online account with say Options House or Etrade, then you can continue to maintain that account even while you work as a summer, correct?

Wall Street Diet

Hey Y'all-

As we all know, your body and health is threatened when sitting on the desk for countless hours a day for the first 2-3 years of your lives. Can you guys outline your diets and what works and didn't work to stay energized/healthy/coherent.

My diet that I followed this past summer is listed below. On top of this, I ran about 2 miles per day at 5 am to start my day.

What happened in the stock/bond markets last week (4/27-5/1)?

Stock Market Analysis

The market had a wild week. The Dow fell 0.3% while the Russell 2000 tumbled 3.1% We had a continuation of recent volatility, the Dow had swings of over 140 points each day and for the week over 400 points. Unease in our cities seems to be spilling over into our financial markets. For the week we saw nearly twice as many stocks fall as rise but we still had over 200 stocks hit new yearly highs. We remain caught in a whirlpool, spinning violently but going nowhere, the Dow is up only 1.8% this year.