The BlackHat Interview: 1/4

Mod note (Andy): The much anticipated BlackHat interview is here. Questions came from myself and members of writing and intern teams. BIG thanks to BH for his really in-depth/quality/quick responses. I promise all of you will have some great takeaways from this series.

If you don't know of BlackHat, he has been in the HF industry for 5 years (broke in straight from ugrad), has been one of the most active members on the site this year, and boasts a formidable 173:25 sb:ms ratio.

Here's how the four part series will go:

  1. Background / breaking into HF
  2. HF info + Money & Motivation
  3. Career advice for all you WSO Monkeys + how he advanced in his career
  4. General life tips

First Q: How did you break into HF?

The Slow "Mediocritization" of the Bulge Brackets

Andy note: This comment was originally posted in
Your "Target Schools" lists are outdated and off-base and wanted to open this topic up for debate again. Below are Blackhat's thoughts, which he later added "Obviously it's exaggerated as most of my comments on banking are, given my bias, but still think there is some sort of effect there." Also see Bankerella's post What banker careers REALLY look like: The DATA for some actual #'s related to this theory.

Penn is the most represented on the street bar none.

That said, I don't think I'd wanna work at a bank that was overweight ND and Georgetown. By the way, just throwing this out there - but if you haven't noticed lately there's been a decline in the level of "talent" in IBD these days. And I'll tell you, in the most douchebaggy and pompous way possible, why I think it is... (it's gonna sound bad, but just go with me on this one)

The BlackHat Interview: 4/4

Mod (Andy) note: The much anticipated BlackHat interview is here (see part 1, part 2, part 3). Questions came from myself and members of writing and intern teams. BIG thanks to BH for his really in-depth/quality/quick responses. I promise all of you will have some great takeaways from this series.

If you don't know of BlackHat, he has been in the HF industry for 5 years (broke in straight from ugrad), has been one of the most active members on the site this year, and boasts a formidable 278:30 sb:ms ratio.

Here's how the four part series will go:

  1. Background / breaking into HF
  2. Working in HF, Money & Motivation
  3. Career advice for all you WSO Monkeys + how he advanced in his career
  4. This post: BH's future, and some miscellaneous tips and thoughts


First question of Part 4: What's your next step?

The BlackHat Interview: 3/4

Mod (Andy) note: The much anticipated BlackHat interview is here (see part 1, part 2). Questions came from myself and members of writing and intern teams. BIG thanks to BH for his really in-depth/quality/quick responses. I promise all of you will have some great takeaways from this series.

If you don't know of BlackHat, he has been in the HF industry for 5 years (broke in straight from ugrad), has been one of the most active members on the site this year, and boasts a formidable 241:27 sb:ms ratio.

Here's how the four part series will go:

  1. Background / breaking into HF
  2. Working in HF, Money & Motivation
  3. This post: Career advice for all you WSO Monkeys + how he advanced in his career
  4. Last post: General life tips


First question of Part 3: What is the most important piece of advice you could tell a college student?

The BlackHat Interview: 2/4

Mod (Andy) note: The much anticipated BlackHat interview is here (see part 1 here). Questions came from myself and members of writing and intern teams. BIG thanks to BH for his really in-depth/quality/quick responses. I promise all of you will have some great takeaways from this series.

If you don't know of BlackHat, he has been in the HF industry for 5 years (broke in straight from ugrad), has been one of the most active members on the site this year, and boasts a formidable 173:25 sb:ms ratio.

Here's how the four part series will go:

  1. Background / breaking into HF
  2. Working in HF, Money & Motivation
  3. Career advice for all you WSO Monkeys + how he advanced in his career
  4. General life tips

First question of Part 2: Who is best fit to work in HF?