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The Other Road
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The goal of Wall Street Oasis’ The Other Road forum is to give our users the best possible snapshot of life in other areas of finance (including entrepeneurship, start-ups, and corporate/F500 positions), from internships and recruiting to compensation and career progression. Working towards that...
SPOTLIGHT: The Other Road Rules and FAQs
01 year 1 week ago
by WallStreetOasis.com
n/a
What's the smartest (most future potential) way to spend 50k? I'm an undergrad, and have that all saved...
Smartest Way to Spend 50k
282 days 4 hours ago
by marko
13 hours 15 min ago
by Johnny Ringo
I have been working on a start up venture at the moment, Don't want to get too into the details because I haven't taken all the necessary procedures to protect it. It involves a mobile app andthe passion i have (fishing) and if all goes to plan i'll be rich and so will the...
"The Backers Who Made It Big" Have a Start Up that you need funding?...Read this.
92 days 6 hours ago
by Johnny Ringo
14 hours 24 min ago
by Johnny Ringo
All the monkeys up in this like to stack a bit of dough here and there. Some save, others don't. Let's here some "major regrets" or "best purchase" stories from all the wannabe baller shot-callers.. Any of the following?.... Russian > weird rash Club...
Dumbest Splurge
392 weeks 5 hours ago
by Tommy Too-toned
1 day 47 min ago
by Tommy Too-toned
I have a SA position at a BB. Just got my placement as MO PB. This good? Im guessing its alot better than other areas in...
MO PB?
62 days 10 hours ago
by eeb91
2 days 7 hours ago
by Anacott_CEO
Hi guys, So I'm looking at Amazon as a possible employer. Here's what I think stands out about this company: - Pretty good comp. - Entrepreneurial culture. - Buying is a pretty important part of the business. - Jeff Bezos is a baws. Anything else I should look out for?...
Amazon Buyer
32 days 13 hours ago
by Walkio
2 days 8 hours ago
by Walkio
HR at a BB emailed me my SA assignment as CPB. Nothing else just that acronym. What does this stand for? private...
CPB?
24 days 11 hours ago
by eeb91
4 days 10 hours ago
by eeb91
I know many will probably disagree with me on this one, but lately(almost 2yrs now) I have found a balance for my alcoholic intake. I have realized I usually do well at work, potential pitching and shaving off any extra pennies after gulping down 250ml of vodka with orange juice before work....
Booze Dilemma
201 week 3 days ago
by Inept Speculator
5 days 6 hours ago
by Inept Speculator
Hey amigos, I've been working really hard lately and I'm on the verge of burnout....Can people recommend some ways to refresh and refocus? I'll be taking a few weeks off... Was thinking of: <ol> <li>Renting a sports car and driving around Europe</li> ...
Best way to Refresh?
151 week 3 hours ago
by Tommy Too-toned
5 days 22 hours ago
by SonnyCrockett
If you didn't read the latest issue of Businessweek, Europe is being taken over by a lunch hour dance craze.... club style! DJs, free water, AND dark rooms. So tight! Better yet, it's on its way to North America just in time for summer! What does this mean for us Monkeys? A spike...
Lunch Beats coming to NY?? Businessweek Article
36 days 4 hours ago
by Tommy Too-toned
6 days 1 hour ago
by prospie
Hello all, First of all, I know what most of you are going to say - "You don't need a degree to start a business." In most cases, I'd agree with you, 100%. But let me tell you a little bit about my particular situation. 1) I know absolutely nothing about the modern...
Need help finding the right Entrepreneurial PhD program!
1116 weeks 4 days ago
by blueadams
6 days 21 hours ago
by slim_ibd_shady
For all you excel monkeys out there I could use some help. I'm currently trying to create a function that checks if a given interest rate is within both an annual (change from last year) and lifetime cap. Annual cap is 1% lifetime cap is 5% (beginning interest rate is 6.75%). I...
Interest rate cap/floors with excel-help me plz
81 week 2 days ago
by gstackle32
1 week 2 days ago
by Nabooru
So it has been four weeks since I left energy trading and opened my own shop. While not trading I am still in the energy space. I thought the best thing was going to be making $$ and buying things. My name on the reserved parking while people calling me "sir" while I walked into the...
What is the best thing about going out on your own and starting something...
232 weeks 2 days ago
by monty09
1 week 2 days ago
by monty09
Does anybody here know the ins and outs of this industry? I know there are 2-3 people on the HBS public profiles that had their backgrounds in working for organizations like the Dodgers or other teams. What is the pay like? Would MBB be useful for breaking in? IBD? Thanks. *I am not talking...
Professional Sports Team Management
11 week 3 days ago
by burnt tangerine
1 week 3 days ago
by BeastMode
Does anyone believe one can still obtain a job in finance and work themselves up the ladder without college? What possible routes could one enter a career in High Finance without a degree? One famous example I read was Ryan Kavanaugh (Relativity Media) Dean Witter Reynolds hired him and he never...
Wall Street for College dropouts
51 week 4 days ago
by Dropout101
1 week 4 days ago
by Connor
Does this route have any chance at all? Got accepted their corporate/commercial bank lending group. Think you can jump from this to IB lev finance straight or through...
Commercial Bank at WF -> MBA -> IB Lev Finance
41 week 5 days ago
by NoJobMonkey
1 week 4 days ago
by ginNtonic
Hi guys, I hope you guys can give me some experienced opinions on my offers. I have 2 offers to consider as a graduate: Macquarie Group Internal Audit within its Risk Management Group or Big 4 Accounting Audit (External) within Financial Services I think in both cases I will be...
Internal audit vs External audit
46 weeks 5 days ago
by kbgzp
1 week 5 days ago
by Nabooru
Hi everyone, I've received two offers, one for PwC as an audit graduate, and the other with GE's FMP program. I'm based in Australia. Basically, I have no idea which one to go for. I've tried to list out the pros/cons of each possibility: PwC - shit money (pretty sure...
BIG 4 AUDIT vs GE FMP
83 weeks 4 days ago
by digitalmanic
1 week 5 days ago
by Nabooru
Quick question here. Aubrey McClendon started a investment firm at age 23. Then a couple years later founded CHK with $50,000. Is this actual the amount CHK was founded on? Or was there other money involved? I imagined couple hundred thousand wouldn't be enough for a natural gas...
Capital required to speculate on nat gas.
22 weeks 8 hours ago
by Aldrich IV
1 week 6 days ago
by Sean518
Hi, I'm currently a sophomore at a Target school and am looking to break into the IB field at a BB upon graduation. I have 3 possible internships this summer: 1. UBS Wealth Management Intern - not sure if paid or not 2. Bank of America Merrill Lynch Global Wealth Management Intern - Unpaid...
Should I Intern at UBS Wealth Management or BofA Merrill Lynch Global Wealth Management
815 weeks 22 hours ago
by melloyellow
2 weeks 12 hours ago
by lekman
I have a question(s) regarding my current predicament. Coming out of high school I didn't have much aim in life and therefore was rather careless in choosing a major. I moved around a couple times, but ended up in my current position pursuing a BA in Finance in Agri-Business from a flagship...
Advice on future employability
84 weeks 6 days ago
by Rickrossed
2 weeks 1 day ago
by Rickrossed
5/8/12 update: I'm going to open this up as an alternative q&a thread on travel tips / being an expat / remote-work / lifestyle design / etc. Feel free to ask away, i'll do my best to answer q's as quickly as I can. My experience: Have lived in China (8 months), and now...
The other road: Time/Location Freedom
2411 weeks 2 days ago
by AndyLouis
2 weeks 1 day ago
by Disincentivy
<em>This is a guest post/syndication from <a href="http://twitter.com/#!/tropicalmba">Dan Andrews</a> of <a href="http://www.tropicalmba.com/">tropicalmba.com</a> - an entrepreneur who I have a lot of respect for and have a learned a ton from over...
10 Things You Need to Give up To Be an Entrepreneur
82 weeks 1 day ago
by AndyLouis
2 weeks 1 day ago
by Bondarb
I know I know everyone is going to hate me for asking but I'm paranoid. I recently accepted a verbal offer from wells fargo (within wholesale banking, not securities). Can anyone that works for wells fargo speak as to when they underwent drug screening? Was it after you signed the...
Drug testing - Wells Fargo
154 weeks 6 days ago
by hopefulbanker99
2 weeks 1 day ago
by Stringer Bell
Wondering about this. Suppose, for instance, that you have an offer out of college to be a credit research analyst at a bulge bracket bank. What are the general pros/cons of this? Can't quite figure out whether this is "mid-office" or however that works. How about opportunities 2...
Credit Research Analyst at BB Bank - good?
32 weeks 2 days ago
by commodorebull
2 weeks 1 day ago
by commodorebull
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  • hey monkeys, What are the mainly used ratios (valuation and financial) for Gaming Lodging and Leisure companies? THanks for your...
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  • Hey monkeys, From talking with people in the finance industry (especially IB, my interest) about recruiting, a specific motivation seems really important (ex: why banking? why GS S+T) to landing either an SA or FT spot. The problem is the same people who tell me most people are sick of the...
    Why Your Industry?
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    Need experience for job; Need job for experience
  • How do different firms and desks within firms trade/invest? What is their performance? How do they measure their performance/risk/consistency? What is it like to work for them. I'd like both comments about different industries from talking to people and actual experience (you should...
    How do banks, hedge funds, and prop shops trade/invest?
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Plus make sure to see my post <a href="http://www.wallstreetoasis.com/blog/how-i-got-a-770-on-the-gmat-with-minimal-effort-while-working-banking-hours%E2%80%A6">How I got a 770 on the GMAT with minimal effort while working banking...
phantombanker's GMAT Study Guide
A week or two ago there was an article written about how your weight might inversely effect you during the hiring process. During the conversation I dropped some personal information about me losing 130 (now 135 pounds). I was PM’d by somebody asking me to tell my story. Well I have some free...
How finance saved and gave me a life
Hey guys, it’s been some time since I posted regularly on this site. That’s what happens when you start working in finance; you don’t have any time. So why am I posting? It’s because I am seeing an injustice being done to a lot of military guys (and gals) who are discovering they want to...
To all Military who want to work in IB/PE/Consulting
<em>Mod (Andy) note: </em><a href="http://www.wallstreetoasis.com/blog/phantombankers-gmat-study-guide">Here is the link to his study guide</a> Background: I recently took the GMAT and scored a 770 on my first and only try. Long story short, I studied and took...
How I got a 770 on the GMAT with minimal effort while working banking hours…
There was much wailing and gnashing of teeth at the close on Friday over the perceived lack of performance in the Facebook IPO. The stock priced at $38, opened at $42.50 (after a few hiccups at the NASDORK), and closed at exactly $38 after an effort by the syndicate members akin to the Spartans at...
IPO Pricing 101
Hey Guys, Been using this site for a while now and figured it would be beneficial for me to give back a bit. For starters, I thought I would detail my experiences using linkedin and cold emails to land a summer offer. Coming from a semi-target undergrad b-school, I had my hands full....
How I used LinkedIn to get Interviews and Land Offers
<a href="http://www.wallstreetoasis.com/blog/what-does-the-labor-participation-rate-say-about-our-society">Back on the topic of what the composition of the labor force says about our society</a>, the New York Times recently put out this <a...
Grandpa And Grandma Are Taking Our Jobs
The Clear Admit Shop currently has <em>free b-school "snapshot" guides</em> <a href="http://clearadmit.shop.studylink.com/index.cfm?onsale=1">available for download here.</a> The guides aren't terribly comprehensive, but can serve as a...
Free B-School Guides!
There she is again: Diane Sawyer, the primary ABC evening news anchor, with another installment in their interminable series of reports on imports and employment in America. I could just strangle her. One week their (alleged) reporters go to people’s houses and look at everything the occupants...
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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...
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