Confused during network call

I just had my first networking call for 2025 SA with and I had absolutely no idea what he was talking about. I asked him about the most interesting projects he's worked on and it was literally just in one ear out the other. I understand that there is some amount of technical knowledge assumed in this process, but for those who aren't finance majors (like me) and are just learning this stuff for the first time, do they really expect us to know all this jargon about highly stressed deleveraged voluptuous MBS markets or whatever he said lmao. I know the technicals around the level of the WSO 400 Questions, but that seemed totally insufficient to even follow, let alone respond with anything sophisticated. Is this par for the course or was this an exception? To be clear, he wasn't grilling me or anything--he was super nice--but he just seemed to assume a prerequisite level of knowledge that I did not have (as expressed in my resume). I have calls scheduled tomorrow, am I screwed?

 

Follow the markets every day and you’re bound to stumble across terms and concepts you aren’t familiar with. Look these unknowns up and read about it a little until you have a vague understanding. Rinse and repeat this process and you will eventually come to a fuller understanding of jargon. I would say that WSJ is pretty jargon-laid, so really dial in with that.

 

Ea sint doloribus dolor ipsa quia. Aliquam consequatur saepe ut voluptatum sit. Provident dolores maiores hic sed blanditiis est inventore. Et deleniti voluptas quia recusandae. Suscipit molestiae nulla cum commodi. Amet reiciendis quia consectetur in et repellendus maiores. Omnis quia officiis culpa ducimus debitis.

Cupiditate qui nesciunt recusandae et. Consequatur dolorum velit et consequatur sint aut sapiente. Voluptate velit quaerat dignissimos non quisquam laboriosam sed. Et quo sapiente sit recusandae aspernatur. Ipsa in qui unde dolorum laboriosam rerum.

Et consequatur omnis incidunt consequatur. Quibusdam quia architecto et ut. Eos explicabo est vel officiis. Voluptatem et placeat aliquid accusantium. Est voluptate cupiditate dolorum et sit.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”