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Wall Street Oasis » Blogs » hbsguru.com's blog

Ask Sandy about HBS
 

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hbsguru.com's picture
hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/9/12 at 5:00pm
hbs q&a.jpeg

Andy note: Sanford Kreisberg is the founder of hbsguru.com, a business school consultancy specialing in HBS, Stanford, Wharton, and Columbia and Chicago.

He has master's from Harvard in English and was the Director of Communication at MIT/Sloan Business School for a very short time before realizing he would rather tell the truth about business schools than write Twitter spam, even though Twitter had not yet been invented.

This past year he did mock interviews of over 100 HBS applicants (out of a total 1800 interviews granted by the school -- that means more than 5 percent of the entire interviewed cohort) and his knowledge of what it takes to get into HBS is based in part on that, and in part on 15 years of being a business school consultant with hundreds of clients admitted to H/S/W.

What your fellow WSO Members have said:
Sandy is one of the very few consultants who know what's going on. He has a masterful understanding of the admissions process and give a very honest accurate assessment of one's chances. His poets and quants series is AMAZING. I think sandy will add tremendous amounts of value to WSO.

I think he is one of the best in the business - especially with respect to HBS. I had a lengthy conversation with him about a week ago and was impressed. One of the things I like about him is that he is very blunt and does not hold back valuable information like most other admissions consultants do.

Here's what he will be talking about:
-H/S/W applications, admissions and how to answer their new applications/essays
-How to not screw up your interviews
-General application questions

Please feel free to post brief questions about your profile

Ask [email protected] hbsguru.com
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Tags:
  • Stanford
  • Wharton
  • Q&A
  • hbsguru
  • HBS
  • Harvard

Comments

valuationGURU's picture

How do you make up for a less

valuationGURU
      CF
 
 
(Senior Gorilla, 840
 
Points)
 on 7/9/12 at 6:19pm

How do you make up for a less than stellar GPA? Alternative transcripts?
Thanks Sandy

See my other WSO blog posts

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Tiger Blood's picture

What business schools are

Tiger Blood
     
 
(Senior Monkey, 92
 
Points)
 on 7/9/12 at 6:37pm

What business schools are receptive to prop shop traders looking to transition to investment management? I've read that Booth, Wharton, and CBS are more receptive than HBS.

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hbsguru.com's picture

valuationGURU: How do you

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/9/12 at 6:42pm
valuationGURU:

How do you make up for a less than stellar GPA? Alternative transcripts?
Thanks Sandy

HMMMM, often you don't. That is one truth that dare not speak its name. Top schools really put a A LOT of weight on GPA, at HBS it is the single best predictor of admission (along with pedigree). Sure, alternative transcripts can help, I suggest taking real courses in Quant type subjects (Micro Econ, calculus, stats, etc) IN A REAL CLASSROOM, not some online jive. Also, obviously, a good GMAT can give you both a halo, and some cred that you are not going to be a problem if admitted. If schools really like you based on work pedigree, victim or any other status, background, etc. AND you have a solid GMAT they will wink at GPA but it remains the hardest boo-boo to erase. How come? Well, it makes sense if you think about it. Adcoms help run a school, and despite all the BS of what that school is looking for, at bottom, it is looking for good students, not future leaders, blah, blah. And the best predictor of a good student is your demonstrated record in sitting still and shutting up and digesting crap and spitting it back in your former life as a student. That is also true at HBS where you have to spit it back quicker, and aloud, but that is only dif. Sorry for the tuff love, but that is the dirty truth.

Ask [email protected]
hbsguru.com

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hbsguru.com's picture

Tiger Blood: What business

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/9/12 at 6:47pm
Tiger Blood:

What business schools are receptive to prop shop traders looking to transition to investment management? I've read that Booth, Wharton, and CBS are more receptive than HBS.

You read right. HBS is not overly fond of traders as either a place to come from or a place to be headed. Trading is considered solitary, greasy, zero-sum, and not for our type of people. Stanford holds the same views. There are traders at both schools, but usually they got in some other way. MIT is OK with traders, esp. traders with BIG GMATS. They are possibly the last bar in the deserted Wild West where 'financial engineering' is not a dirty word. The schools you mention are prob. neutral on trading, so if you are trader with solid stats, you should be OK.

Ask [email protected]
hbsguru.com

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Tiger Blood's picture

Thanks, Sandy. I appreciate

Tiger Blood
     
 
(Senior Monkey, 92
 
Points)
 on 7/9/12 at 6:49pm

Thanks, Sandy. I appreciate your honesty.

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M Friedman's picture

I want to get into H/S's

M Friedman
     
 
(King Kong, 1,007
 
Points)
 on 7/9/12 at 7:10pm

I want to get into H/S's Masters in Education... is this program more or less competitively selective than the b school?

See my WSO blogs here.

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leveRAGE.'s picture

Are prop shop traders and

leveRAGE.
      ST
 
 
(King Kong, 1,161
 
Points)
 on 7/9/12 at 7:11pm

Are prop shop traders and bulge bracket/middle market traders (i.e. market makers) looked at the same way in the eyes of admissions? I know the lines are and can be blurred, but will having the "big name company" i.e. JPM, Citi, BoA or whatever versus a prop shop hold more weight, or are you still just looked at as a "trader"?

Thanks!

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hbsguru.com's picture

M Friedman: I want to get

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/9/12 at 7:17pm
M Friedman:

I want to get into H/S's Masters in Education... is this program more or less competitively selective than the b school?

LESS SELECTIVE BY A HUGE AMOUNT. Of course, it helps if you have some kind of relev. background, often in, errrr, education. Harvard Ed School is home of LEFT leaning reformers, feminists, one-worlders, rainbow big gov types. Take a walk in Harvard Square and just check out the tote bags, another Ed School marker. My guess is, on less evidence, Stanford is much the same. I mean if you are passionate about using data mining and economic models to reform education, well, they will also welcome you, but dont expect a lot of shop talk in the caf about that.

Ask [email protected]
hbsguru.com

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hbsguru.com's picture

leveRAGE.: Are prop shop

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/9/12 at 7:21pm
leveRAGE.:

Are prop shop traders and bulge bracket/middle market traders (i.e. market makers) looked at the same way in the eyes of admissions? I know the lines are and can be blurred, but will having the "big name company" i.e. JPM, Citi, BoA or whatever versus a prop shop hold more weight, or are you still just looked at as a "trader"?

Thanks!

well, BRAND always helps, and if you can combine some JPM trading gig with a big GPA and GMAT and some signature extras, you can get out from under the trading curse. Put another way, being a trader at no-name shop=death fer sure at HBS, being trader at name shop=license to hussle hard, but odds are still high.

Ask [email protected]
hbsguru.com

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That_Aston's picture

Hi. I pretty much know I

That_Aston
      CF
 
(Gorilla, 574
 
Points)
 on 7/9/12 at 7:43pm

Hi.

I pretty much know I have no chance at H/S/W but I think I may have a shot at Columbia if the cards fall in place. I go to a no name state uni but I am going to graduate with around a 3.9 and I already have internships at a HF and currently corporate fin with IBM. With a 720 GMAT and good work exp, would I be competitive?

Speculate Away.

Here to learn and hopefully pass on some knowledge as well. SB if I helped.

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wannabeaballer's picture

Sandy, I fly F18s for the

wannabeaballer
      O
 
(Senior Orangutan, 455
 
Points)
 on 7/9/12 at 8:30pm

Sandy,

I fly F18s for the Navy.
700 GMAT, 49Q
3.5 in Physics from a middle of the road state school

Stanford is my first choice. Do I need to retake the GMAT?
Also, could you shed some light on the MIT LGO program, and if it increases or decreases your chance of admission if you are a strong applicant for one of the technical degrees?

Gun Control Discussion

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hbsguru.com's picture

That_Aston: Hi. I pretty

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/9/12 at 8:55pm
That_Aston:

Hi.

I pretty much know I have no chance at H/S/W but I think I may have a shot at Columbia if the cards fall in place. I go to a no name state uni but I am going to graduate with around a 3.9 and I already have internships at a HF and currently corporate fin with IBM. With a 720 GMAT and good work exp, would I be competitive?

Speculate Away.

not sure I totally get this, when are you thinking of applying? Right out of school? or after 2-3 years? real impt. for you and other profile seekers.

Ask [email protected]
hbsguru.com

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That_Aston's picture

hbsguru.com: That_Aston: Hi

That_Aston
      CF
 
(Gorilla, 574
 
Points)
 on 7/9/12 at 9:02pm
hbsguru.com:
That_Aston:

Hi.

I pretty much know I have no chance at H/S/W but I think I may have a shot at Columbia if the cards fall in place. I go to a no name state uni but I am going to graduate with around a 3.9 and I already have internships at a HF and currently corporate fin with IBM. With a 720 GMAT and good work exp, would I be competitive?

Speculate Away.

not sure I totally get this, when are you thinking of applying? Right out of school? or after 2-3 years? real impt. for you and other profile seekers.

I was planning on working 2-3yrs first

Here to learn and hopefully pass on some knowledge as well. SB if I helped.

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Proboscis's picture

Hi Sandy, In your

Proboscis
      CO
 
(King Kong, 1,041
 
Points)
 on 7/9/12 at 9:12pm

Hi Sandy,

In your experience, how have MBB consultants best differentiated themselves from one another? Is it work related (international projects, sexy high-level strategy, etc.), extra-curricular (are people needing to start companies and non-profits while working? What do strong extra-curriculars look like for MBB consultants?), or another category altogether?

Thanks,
Proboscis

Proboscis

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hbsguru.com's picture

That_Aston: hbsguru.com:

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/9/12 at 9:46pm
That_Aston:
hbsguru.com:
That_Aston:

Hi.

I pretty much know I have no chance at H/S/W but I think I may have a shot at Columbia if the cards fall in place. I go to a no name state uni but I am going to graduate with around a 3.9 and I already have internships at a HF and currently corporate fin with IBM. With a 720 GMAT and good work exp, would I be competitive?

Speculate Away.

not sure I totally get this, when are you thinking of applying? Right out of school? or after 2-3 years? real impt. for you and other profile seekers.

I was planning on working 2-3yrs first

____________
well, if you got a prestige job, at e.g. consulting or banking or Brand Name Corp (IBM, GOOG, FB, Disney, and many other names we all know and love) with a 3.9 and 720, you could be a real strong applicant to Columbia (apply before Thanksgiving and even sooner if psble, once they are no longer hungry, they stop eating, other schools have better appetite controls) and could be doable at Wharton and even HBS, depending on other factors like diversity, extras, victim status, etc. Accept the most selective job you can get, do well, develop a signature extra curric, and welcome to B school roulette but you will have some real chips on the table.

Ask [email protected]
hbsguru.com

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That_Aston's picture

hbsguru.com: That_Aston:

That_Aston
      CF
 
(Gorilla, 574
 
Points)
 on 7/9/12 at 9:54pm
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Here to learn and hopefully pass on some knowledge as well. SB if I helped.

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Cries's picture

Hi Sandy, Can you give some

Cries
      IB
 
(Senior Gorilla, 867
 
Points)
 on 7/10/12 at 12:56am
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lil_barac's picture

Hi Sandy, You mention company

lil_barac
     
 
(Senior Monkey, 68
 
Points)
 on 7/10/12 at 8:56am
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hbsguru.com's picture

Cries: Hi Sandy, Can you

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/10/12 at 10:58am

Ask [email protected]
hbsguru.com

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hbsguru.com's picture

lil_barac: Hi Sandy, You

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/10/12 at 11:03am

Ask [email protected]
hbsguru.com

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Khansian's picture

Hi Sandy, I'm still an

Khansian
      O
 
(Senior Monkey, 93
 
Points)
 on 7/10/12 at 11:38am
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Proboscis's picture

Re-posting since I think my

Proboscis
      CO
 
(King Kong, 1,041
 
Points)
 on 7/10/12 at 1:02pm

Proboscis

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EJS123456's picture

How does Harvard look at

EJS123456
     
 
(Monkey, 33
 
Points)
 on 7/10/12 at 1:38pm
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Marketman9311's picture

Great thread. Sandy, I'm

Marketman9311
     
 
(Senior Chimp, 16
 
Points)
 on 7/10/12 at 1:57pm
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Marketman9311's picture

Great thread. Sandy, I'm

Marketman9311
     
 
(Senior Chimp, 16
 
Points)
 on 7/10/12 at 1:57pm
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21 Lives's picture

Sandy, What do you think of

21 Lives
     
 
(Orangutan, 266
 
Points)
 on 7/10/12 at 2:01pm

My WSO Blog

"Unbelievably Believable" -- RG3

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hbsguru.com's picture

HBS joint law and b school

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/10/12 at 3:33pm

Ask [email protected]
hbsguru.com

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hbsguru.com's picture

Marketman9311: Great

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/10/12 at 3:41pm

Ask [email protected]
hbsguru.com

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15xEBITDA's picture

How do places like HBS feel

15xEBITDA
      IB
 
(Senior Baboon, 240
 
Points)
 on 7/10/12 at 4:07pm
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hbsguru.com's picture

EJS123456: How does Harvard

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/11/12 at 7:58am

Ask [email protected]
hbsguru.com

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EJS123456's picture

hbsguru.com: EJS123456: How

EJS123456
     
 
(Monkey, 33
 
Points)
 on 7/11/12 at 8:58am
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FernandoTorres9's picture

How much do extracurriculars

FernandoTorres9
     
 
(Senior Monkey, 78
 
Points)
 on 7/11/12 at 10:22am
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hbsguru.com's picture

FernandoTorres9: How much do

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/12/12 at 9:30am

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hbsguru.com's picture

BLACKSTONE, KKR, TPG, CARLYLE

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/12/12 at 9:34am

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hbsguru.com

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hbsguru.com's picture

15xEBITDA: How do places like

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/12/12 at 9:42am

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hbsguru.com's picture

Proboscis: Re-posting since I

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/12/12 at 11:01am

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hbsguru.com

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Bob Loblaw's picture

Any shot for a freshly

Bob Loblaw
      IB
 
 
(Orangutan, 320
 
Points)
 on 7/12/12 at 12:08pm
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hbsguru.com's picture

Bob Loblaw: Any shot for a

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/12/12 at 12:30pm

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hbsguru.com

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hbsguru.com's picture

wannabeaballer: Sandy, I fly

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/12/12 at 4:26pm

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M7MBA_hopeful's picture

@Sandy: How competitive is

M7MBA_hopeful
     
 
(Chimp, 2
 
Points)
 on 7/12/12 at 4:53pm
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hbsguru.com's picture

M7MBA_hopeful: @Sandy: How

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/12/12 at 5:17pm

Ask [email protected]
hbsguru.com

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M7MBA_hopeful's picture

hbsguru.com: M7MBA_hopeful:

M7MBA_hopeful
     
 
(Chimp, 2
 
Points)
 on 7/12/12 at 5:28pm
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hbsguru.com's picture

M7MBA_hopeful: Thanks for the

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/12/12 at 6:12pm

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hbsguru.com

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hbsguru.com's picture

M Friedman: I want to get

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/13/12 at 1:13pm

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highhater's picture

Hi Sandy, What do you think

highhater
      CO
 
(Baboon, 142
 
Points)
 on 7/13/12 at 1:58pm
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allanfive1's picture

Sandy, do you think it's

allanfive1
     
 
(Senior Chimp, 17
 
Points)
 on 7/14/12 at 12:50am
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hbsguru.com's picture

allanfive1: Sandy, do you

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/16/12 at 10:33am

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hbsguru.com

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GS's picture

Hey Sandy , In High Frequency

GS
      ST
 
(Senior Gorilla, 902
 
Points)
 on 7/21/12 at 4:03am
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hbsguru.com's picture

GS: Hey Sandy , In High

hbsguru.com
     
 
(Monkey, 35
 
Points)
 on 7/21/12 at 6:25am

Ask [email protected]
hbsguru.com

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GS's picture

hbsguru.com: GS: Hey Sandy

GS
      ST
 
(Senior Gorilla, 902
 
Points)
 on 7/21/12 at 2:52pm
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General Rules: Users may not use the Web Site in order to transmit, distribute, store or destroy material (a) in violation of any applicable law or regulation, (b) in a manner that will infringe the copyright, trademark, trade secret or other intellectual property rights of others or violate the privacy, publicity or other personal rights of others, or (c) that is defamatory, obscene, threatening, abusive or hateful.

Web Site Security Rules. Users are prohibited from violating or attempting to violate the security of the Web Site, including, without limitation, (a) accessing data not intended for such user or logging into a server or account which the user is not authorized to access, (b) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization, (c) attempting to interfere with service to any user, host or network, including, without limitation, via means of submitting a virus to the Web Site, overloading, "flooding", "spamming", "mailbombing" or "crashing", (d) sending unsolicited e-mail, including promotions and/or advertising of products or services, or (e) forging any TCP/IP packet header or any part of the header information in any e-mail. Violations of system or network security may result in civil or criminal liability. The Company will investigate occurrences which may involve such violations and may involve, and cooperate with, law enforcement authorities in prosecuting users who are involved in such violations.

Specific Prohibited Uses.

The Company specifically prohibits any use of the Web Site, and all users agree not to use the Web Site, for any of the following:

  • Posting any incomplete, false or inaccurate biographical information or information which is not your own accurate resume
  • Using any device, software or routine to interfere or attempt to interfere with the proper working of this Web Site or any activity being conducted on this site.
  • Taking any action which imposes an unreasonable or disproportionately large load on this Web Site?s infrastructure.
  • If you have a password allowing access to a non-public area of this Web Site, disclosing to or sharing your password with any third parties or using your password for any unauthorized purpose.
  • Notwithstanding anything to the contrary contained herein, using or attempting to use any engine, software, tool, agent or other device or mechanism (including without limitation browsers, spiders, robots, avatars or intelligent agents) to navigate or search this Web Site other than the search engine and search agents available from the Company on this Web Site and other than generally available third party web browsers (e.g., Netscape Navigator, Microsoft Explorer).
  • Attempting to decipher, decompile, disassemble or reverse engineer any of the software comprising or in any way making up a part of the Web Site.
  • Aggregating, copying or duplicating in any manner any of the materials or information available from the Web Site.
  • Framing of or linking to any of the materials or information available from the Web Site.

User Information.

When you register for the Web Site, you will be asked to provide the Company with certain information including, without limitation, a valid email address (your "Information"). In addition to the terms and conditions that may be set forth in any privacy policy on this Web Site, you understand and agree that the Company may disclose to third parties, on an anonymous basis, certain aggregate information contained in your registration application. The Company reserves the right to offer third party services and products to you based on the preferences that you identify in your registration and at any time thereafter; such offers may be made by the Company or by third parties. Please see the Company's Privacy Policy below for further details regarding your Information.

Registration and Password.

You are responsible for maintaining the confidentiality of your information and password. You shall be responsible for all uses of your registration, whether or not authorized by you. You agree to immediately notify the Company of any unauthorized use of your registration or password.

The Company's Liability.

As a condition to your use of this site, you release the Company (and our agents and employees) from claims, demands and damages (actual and consequential, direct and indirect) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes. If you are a California resident, you waive California Civil Code d1542, which says: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."

We are under no legal obligation to, and generally do not, control the information provided by other users which is made available through the Web Site. By its very nature, other people?s information may be offensive, harmful or inaccurate, and in some cases will be mislabeled or deceptively labeled. We expect that you will use caution and common sense when using this Web Site.

The Material may contain inaccuracies or typographical errors. The Company makes no representations about the accuracy, reliability, completeness, or timeliness of the Web Site or the Material. The use of the Web Site and the Material is at your own risk. Changes are periodically made to the Web Site and may be made at any time.

You acknowledge and agree that you are solely responsible for the content and accuracy of any resume or material contained therein placed by you on the Web Site and you agree to let any users that are identified as recruiters (designated in the sole discretion of the Company) to have access to your resume.

The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

THE WEB SITE AND MATERIAL ARE PROVIDED ON AN "AS IS" BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY, TO THE FULLEST EXTENT PERMITTED BY LAW, DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF THE MATERIAL, SERVICES, SOFTWARE, TEXT, GRAPHICS, AND LINKS.

Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

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  • I started off at UC Berkeley as a Math major but I did terribly and I didn't enjoy any of my classes. Now at the end of my sophomore year, I have a GPA of 2.8. I realized I was doing my major for the wrong reasons, and I am changing my major to Economics. I have done well in the economics...
    Had a bad GPA but now changing major
  • Hi guys, I've been checking out WSO for a while now and currently deciding at which universities I would like to pursue a masters in finance for 2014. Currently, I'm an undergrad at a non-target in the Netherlands (not that there are any target schools in NL). Now, most US...
    Masters in Finance, realistic chances of getting in
  • This is a NYT piece on the hunt for buy-side jobs now going on, as reported in http://dealbook.nytimes.com/2013/05/23/a-rush-to-recruit-young-analysts-only-months-on-the-job/?smid=pl-share. [quote]“Every year recruiters get hold of full lists of analysts in the top groups at the top banks,”...
    The stomping killing grounds for a buy-side job
  • Anyone able to tell me something about secondary loan trading, exit ops, etc? I may have an opportunity for an internship in this and I'm wondering whether it is worth pursuing. Long term goal is working at a Hedge fund...
    Secondary loan trading? Secondaries
  • Similar to the Anatomy of a 10-K thread I was hoping someone could walk us through how they dissect CA and indentures and explain what parts are most important and/or relevant when looking to...
    Anatomy of a Credit Agreement and a Bond Indenture?
  • Macquarie, after cutting bonuses for many of the analysts has now cut Seamless allowance. Crossed the line, guys. “Macquarie is making further cuts to analysts. Weekend Seamless is now $25/day, cut from $40. All analysts are trying to leave. Morale is extremely...
    Bonus cuts are one thing, but now Seamless cuts?
  • Was curious if anyone has any idea what National Sales group does at BB PWM. Obviously it involves sales, but how do BB National sales groups stand out from different more regional teams within the BB PWM groups. Anyone have any experience with these types of...
    Group placement
  • I am curious about which one is better. I'm a first generation for college and I can't decide whether I should go to a target like Ross and end up with a 3.2 GPA or go to an easier college like OSU and get a 3.8/4.0 GPA. My goal isn't necessarily to get an IBD position straight out...
    Non-target with 3.8/4.0 GPA vs target with 3.2 GPA
  • Hi, this is my first post. I am looking for a new suit and after doing some research on styleforum.net, it seems that SuitSupply is my best bet. I really like the Washington fit they offered for its high rise and slim cut pant. However, since there aren't that many options, I am wondering...
    Are these suits appropriate for SA?
  • It is called "Brocair Partners" and it is in Midtown NYC... They cover the Healthcare sector and have deal size ranging from 30 - 250 Million. So they seem pretty good in regards to size, and have decent deal flow as well. Also have a lot of international exposure and overseas deals, so...
    Has anyone heard of this Boutique?
  • I'm working at a smaller MM investment bank in a relatively smaller city (not NY, Chicago, LA, SF, and the like). About 6 weeks ago, I received an email saying that I had an offer to intern at the bank as a summer ibanking analyst, and the MD just wanted me to respond back stating that I would...
    Background check
  • I thought I would help out the WSO RE community a little bit. If your in RE then you know who Hines is. Anyways they have a position open for their Irvine, CA office. I don't work for Hines, but I dealt with them before. You guys can go ahead and apply online, don't send me a resume. Just...
    Hines Analyst Position Is Open, Apply Here
  • Recently the site hasn't been properly displaying quotes within quotes when there are about 3 levels or more. Here is an...
    Quoting Bug
  • My original plan was to write a series about starting my eccomerce business; going through the process of finding a market, a product and funding. I still plan to do this, but I would like to talk about something that is far more pressing to me: IP...
    Entrepreneurship and patent lawsuits
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I was writing an email to a fellow monkey who is about to start as a banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the Moelis/Houlihan/Evercore type firms (I call them the firms where most people will...
15 things I wish I knew as a first year banking analyst
I get a ton of emails and answer a ton of posts asking similar questions so I thought I would answer the most common ones I get here and allow others to post their questions so everyone can see them and the subsequent answers. Hope this helps. <strong>Summer Analyst...
MSF Question and Answer
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
I work as a currency volatility trader and manage one of the bigger G10 blocs in London. I've been lucky enough to get responsibility early in my career. I started off managing a single currency book a few months into the job, and have steadily been granted more responsibility to where I am...
Ask Me Anything: I'm a Currency Volatility Trader
I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
My Biggest Career Mistake to Date: Prestige
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
A Perfect Storm
I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target...
I'm a Hedge Fund Analyst - Ask Me Anything
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
This is just fantastic. After sitting through Carl Levin and John McCain spewing a bunch of nonsense about how Apple doesn't pay enough taxes (despite being the #3 taxpaying company in America behind ExxonMobil and Chevron), Rand Paul lit them up about what a travesty it was to blame Apple...
Rand Paul GOES OFF at Apple Hearing
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