I-Banking Bullpen

Topic	Replies	Created	Last reply
So... I have projected FCF's out to 2015 for a company. For TV. I take ((FCF Y2015*)1+Terminal Growth rate)/WACC-Terminal Growth Rate) That is TV.. Then, I discount the above @ WACC to get PV of TV. I then add this to the PV of CF's for years 2010-2014 to get... Terminal Value/EV- Perp Growth	5	2 years 34 weeks ago by terrence	2 years 34 weeks ago by Marcus_Halberstram
I was let go from my job last week, terminated without cause if that helps. I had <a href="http://www.wallstreetoasis.com/forums/30-day-termination-notice">another thread</a> going, but basically my boss and I didn't see eye to eye with one another and he knew I... Terminated While Interviewing Elsewhere	13	15 weeks 8 hours ago by westcoastsurf	14 weeks 6 days ago by energyanalyst
Tomorrow I'm going to meet my team and sign my contract for my internship, but there's one thing I'm not sure about. It says in the contract that if I want to terminate my internship, I have to give them one month's notice. Is that standard/fair? Since I'm only... Termination Notice	12	1 year 50 weeks ago by Zweihander	1 year 50 weeks ago by deal_mkr
US law enforcement are now using drone technology domestically. 60 minutes did a piece on drones about a year ago where some guy has a 9-5 job flying attack drones in Afghanistan remotely from Nevada. The helicopters are pretty cool, although it seems like there are going to be some privacy... Terminator - In Real Life	7	1 year 8 weeks ago by BCbanker	1 year 8 weeks ago by M. Blank
Say you are deriving equity value from Enterprise Value (EV). Many i-banking tech. interview guides as well as some posts on this website say the following: EV + non-operating assets - net debt = equity value But EV is what's available to every type of investors, so in case of... Terminology confusion: enterprise value and value of operations	3	28 weeks 3 days ago by hot1590	28 weeks 3 days ago by corporateape
could someone please explain what BB,MM,PE,etc exactly means for all the newbies to this... Terminology for newbies	4	6 years 25 weeks ago by lifeofpurpose	6 years 25 weeks ago by lifeofpurpose
I just wanted to know if anyone had an opinion on the firm? (recruiting, salary, bonuses) They seem like large players in Europe however they haven't been mentioned once on the forum, any information would be appreciated. I know this should be in the PE forum, but I thought I would get a... Terra Firma - European PE	2	5 years 23 weeks ago by windowman	5 years 23 weeks ago by sol
can anyone share terra firma capital partners email format? Can't find it on google... terra firma capital partners email format	3	1 year 39 weeks ago by techiee	1 year 39 weeks ago by techiee
I am currently in a dilemma and would like advice from WSO. I am a second year college student at my university and am near completing a commercial real estate internship. I would like to find another internship for spring quarter that heavily relates to finance, such as private wealth... Terrible GPA - Spring Internship	4	1 year 15 weeks ago by Phanster	1 year 9 weeks ago by chris_g
So here is the story, I emailed a MD at a boutique investment bank. He sounded really interested and told me he would like to meet with me, when was the next time I would be in the city. Our meeting ended up getting canceled because he had to fly to CA for business as the last min. His... Terrible Informational Interview	5	1 year 9 weeks ago by MonkeySuit	1 year 9 weeks ago by JaLe2286
I currently attend school pretty far uptown manhattan. I will be working in Jersey City this summer and the commute would take about 1.5 hours through the Path train by Wall st. It would be very difficult to move Jersey City / Manhattan for 8 weeks as I have a Queen size mattress / Drawers / TV... Terrible SA Commute , Solutions?	10	3 years 6 weeks ago by PIE	3 years 6 weeks ago by PIE
A current analyst and have some terrible summer interns? A current intern and see some in your class doing terribly? Not a few of my friends have told me recently they have less than capable coffee-runners around. Not that they're bad at getting coffee. It's when they've... Terrible summer interns? You judge.	9	2 years 42 weeks ago by gGeck0	2 years 42 weeks ago by whateverittakes
test ->... test -> test	0	6 years 49 weeks ago by WallStreetOasis.com	n/a
I was perusing linkedin and noticed the "Test Scores" section that they added to your profile. When should you add your scores on there and when should you leave them off? For example - I have really high scores, would it look bad to have them on there (ie don't want it to appear as... Test score section of Linkedin profile?	9	1 year 2 weeks ago by Cries	1 year 2 weeks ago by ginNtonic
testing... testing	2	28 weeks 6 days ago by mbrown10012	28 weeks 6 days ago by VoidTrading
... testing	1	40 weeks 13 hours ago by mbrown10012	40 weeks 8 hours ago by mbrown10012
Hi guys, I'm testing CAPM and Fama&French factors models but I got so much diverisfied portfolio that I don't know which proxy I should get. My portfolio (48 assets): 20 - equity indices for industry and countries 10 - fixed income 5 - futures on commodities 3 - actively managed... Testing CAPM	3	30 weeks 2 days ago by jessylox	30 weeks 1 day ago by jessylox
So, those students who did their SA gig most likely are either ending or just ended. At my firm, we don't hear back regarding offers for at least 2 weeks if not longer (we were told we'd know before school began). I can confirm that at other firms are not all like this but it is not... Testing the waters with offers?	1	44 weeks 2 days ago by ColumbiaKid123	44 weeks 2 days ago by bearing
Hey guys, Is it 'wrong' if my enterprise value based on the mean TEV / Sales multiple of the peer group is much much higher than my enterprise value based on the mean TEV / EBITDA multiple of the peer group? What would be the main reasons for a huge difference (say about $200 mm... TEV / EBITDA vs. TEV / Sales multiples	12	2 years 34 weeks ago by NF0913	2 years 34 weeks ago by NF0913
Hi, When looking up m&a comps to get TEV/EBITA on capIQ, i can't find the TEV (enterprise value) for many targets. Can I use the purchase price as a proxy? What about any premiums... TEV vs. Purchase Price in M&A Comps	2	1 year 27 weeks ago by cjl2g	1 year 27 weeks ago by jack_donaghy
I recently have started the process of working with head hunters and preparing for interviews this summer for 2011 PE starts, and was looking for some advice on location. At this point, I'm looking to join a PE firm (or possibly HF) in Texas, preferably in the DFW or Austin area. Quick... Texas	4	3 years 24 weeks ago by ParkeAveMonkey	1 year 21 weeks ago by Matt the Tiger
If anyone who has knowledge of some of the middle market boutiques (Westlake, Gulfstar, etc.) in Texas could post something so I can PM them or if you could send me a PM I would appreciate it. I have a couple questions regarding some firms. Thanks for the... Texas Boutiques	1	3 years 11 weeks ago by Eric Stratton	3 years 11 weeks ago by trader_x
Hi I know that this topic has been covered here before, but not too recently, and I was hoping that I could get some fresh insight. I am a senior at a semi-target, where I am a finance major, and have work experience in the financial services industry. Unfortunately, the FT job market... Texas Master of Accounting for Investment Banking	21	3 years 20 weeks ago by Pedo_Bear	3 years 20 weeks ago by Affirmative_Act...
I am majoring in finance, and I would like to practice financial modelling on Excel more on my own time. Are there any suggested textbooks that show in detail the major types of financial modeling in Excel an analyst would typically do at an I-bank/M&A firm? I searched the forum and saw... Texbook suggestion, and valuation question	3	2 years 50 weeks ago by shrel5	2 years 50 weeks ago by shrel5
Text from my buddy this morning Rundown of events leading me to my current situation...yesterday 5 pm - no way I'm drinking tonight gonna stay in ...7 pm errands at wallgreens, make stop at liquor stor, purchase crown royal on sale, decide to have a relaxing drink or two....830 have my... Text from last night	14	2 years 30 weeks ago by kelleykid	2 years 30 weeks ago by FinancePun

Forum Topics

I graduated with a BCom in finance and wrote the CFA lvl I this June but I have had 0 luck with finding a job. I know it's still early I suppose but I'm feeling quite discouraged, especially after the phone call I had today....
Should I even bother with the finance profession or should I retrain?
Thinking out loud a bit here... I am working on a practice analysis of a company with ~0 EBITDA, neg FCF, neg EPS. It's a decent business otherwise and better asset utilitization will lead to positive numbers (and that is mgmt's priority now). However, for now, to set a short term...
Project BVPS, subtracting neg EPS?
Hello WSO, I have been accepted to a deferred MBA program, and I begin in 2 years. Besides saving a portion of my income, what actions should I take to afford B school? If I continue to save at my current rate, I will have about 80,000 in loans. How else can I decrease this beginning...
How to Financially Prepare for Business School in 2 Years
I would like to know which desks at BlackRock have the highest prestige. I am assuming that Fixed Income desk is probably THE desk to work at, prestigewise. Any thoughts on the other desks? How do the various desks at BlackRock fair prestige- and performancewise to their equivalent at other...
The question of Prestige
Currently taking the Advanced Modelling course in BIWS and this is some heavy lifting. I am convinced that this is the most relevant in terms of modelling skills for IBD (other than a direct IBD SA role). I know that most people just put it as a one-liner under their "Skills" section...
BIWS Advanced Modelling Course under relevant exp in Resume.
Anyone looking for an interesting class to attend, a HF manager I know is teaching a class titled "How to think about the market like a Hedge Fund Manager". He is a former equity analyst and HF manager of Surfview Capital. Very bright guy that now runs the website "estimize". ...
HF Class being taught in NYC (Soho)
I'm a recent graduate trying to break into asset management and do equity research. In order to stand out, I have been trying to cold email a few analysts/PMs investment write-ups that I've made and asking for feedback, in attempt to stand out. Unfortunately, I've had little to...
cold emailing with investment ideas
I've seen quite a few, what do you think are the...
Best Wall Street movies?
None of you were afraid of the possibility of a female from your same firm (HR, same group, whatever) being on there as well and then things get awkward at the...
How many of you use or have used dating websites before?
Hi everyone, I've decided to push off my graduation and complete my degree this upcoming fall. Basically did this because I want to take part in the next recruiting cycle. That being said, I know I can't tell HR / anyone with hiring authority that I "delayed my graduation so I...
Pushing off graduation until December
Test...
Testing
Finance and consulting are very client-focused industries. So are short males, let's say between 5'3 and 5'7, at a substantial disadvantage in a IB/PE/Consulting career? Does it matter less in getting to the top at a...
Being a Short Male
<b>For many of us in United States, the TI-83 Plus is the quintessential (pre-college) calculator</b>. It was required for many classes (e.g. AP Calculus) and the $100+ price tag 10+ years ago did not do wonders for the wallet. Still, the multi-line interface, matrix operation...
Pricing Power of the TI-83 Plus
I graduated from high school and got accepted to Western's Ivey (AEO) but since I actually haven't started or completed first year I didn't include it in my resume. I know the resume is two pages and I have no idea which work experience I should remove. Any help is...
High School Grad Just Entering Uni Resume Review

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<em>Mod note: make sure to see the great comment below by CompBanker</em> I come from a small town where nobody had ever heard of consulting or IB. I was fortunate enough to attend a top target college (a good Ivy) and land a gig in IB at a BB/EB. I'm starting full time this... Finance Culture - Personalities
<strong>Background</strong> I randomly discovered WSO nearly seven years ago just weeks after I secured a FT MM IB position. The website was extremely nascent at the time with only a few thousand registered users. The majority of the users were college students with only a handful... How WSO has enhanced my IB/PE career
<em>Mod note: for the tl;dr version, skip down to "Circa 1960"</em> First, some background. I’m going to explain how we got to where we are today in order to frame our place in history and our model of life, so bear with me... Your Model of Life Is Wrong
After over one year in the making, the <strong><a href="http://www.wallstreetoasis.com/2013-wso-compensation-report-full">2013 WSO Compensation Report</a></strong> is here! Access to the FULL 108 page 2013 WSO Compensation Report is <strong>100%... 2013 WSO Compensation Report has Arrived
Where do i even start..I learned so much from this forum. The brutally honest opinions, sincere willingness to help, the technical information and random tips on everything has been absolutely crucial for me landing this offer. Coming from a non-target I didnt get that 3rd year SA position at... Thank you WSO! Got my FT Offer! ADVICE NEEDED
When I first started as a PE analyst, I constantly struggled with judging the amount of time I should spend on reviewing sourced deals. How much time is enough to really get a handle on the company’s revenue streams? How granular do I need my analysis to be on industry threats? With this... Misguided Efforts: A Cautionary Tale
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)
<a href="http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 ">In part one</a> we covered the basics of understanding a company, which involves reading the S-1 filing, reading the quarterly reports and understanding... Basic Guide Ramping Up On A Company With Public Information (Part 3 of 3)
Any Asset Management people here who could give me some insights on it, such as the nature of the work, the pay, the hours, the potential for career advancement, ect? I was looking into IB before but I've decided that I would rather pursue a career that's more intellectually... Asset Management a better choice than Investment Banking?
<img src="//img.pandawhale.com/48721-Sexually-Oblivious-Female-Meme-Ze2w.png" alt="Sexually Oblivious Female Meme - Favorite Position? I would like to be a CEO."> If you could be the richest person in the world with your dream job only as a public virgin forever would you do it?

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Why would you NOT go to the 2013 WSO Conference?

N/A - Already bought my ticket, see you there!

16%

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16%

Unsure of my schedule / availability

14%

Can't afford travel expenses

32%

Waiting until last minute to make a decision

Feel that it's not relevant for me

11%

Planning to go but procrastinating on buying a ticket

Other (please comment)

Total votes: 44

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