12/5/16 - Monday @Mentions

Happy Monday WSO!

Upcoming events:

WSO - The London Chapter #2 - Christmas Special, Dec 8th, 7pm, The Trading House, posted by @Carve You Out".
WSO Happy Hour - Paris: Fri, 9 Dec, 8:00pm @ Au Trappiste, posted by @Monkey in Acquisitions".

Upcoming webinars:

- Real Estate Case Study (Commercial Office Building): Acquisition Underwriting, Execution, Sale -- 7pm ET, 12/5/16

Posts of the Week:

A Business Lesson Learned The Hard Way by @UTDFinanceGuy". 45 SB's.
In Defense of Unhappiness by @The Uncontortionist". 24 SB's.
Uncle Eddie's Ponderous Podcast Playlist by @Eddie Braverman". 18 SB's.
Advice for Non-Targets - Hitting "Apply" Button on LinkedIn Isn't Enough by @JuicyJuice". 17 SB's.
How To Almost See Hamilton For Free by @Fear The Bulge". 15 SB's.
Why Canadians get an MBA AND the CFA by @TorontoMonkey1328". 12 SB's.
TRUMP TAX PLAN by @Jared Dillian". 11 SB's.

Discussion Topics of the Week:

What Shows do you watch? by @@_KrK". 92 comments.
Anyone shoot? (Firearms) by @pere797". 76 comments.
Football season is starting to get REALLY good by @AndyLouis". 57 comments.
Christmas by @accountingbyday". 48 comments.

What was your experience like after graduation? by @dchd9". 33 comments.

Q&A of the Week:

The comprehensive Golf thread and Q&A by @BillBelichick37". 2 SB's.

Comment of the Week:

This comment by @Brosef Stalin17" in the post "Advice for Non-Targets - Hitting "Apply" Button on LinkedIn Isn't Enough".

Just a caveat; make sure you know your technicals well. I just finished a few face-to-face interviews that went badly. The first kid networked like crazy to land the interview and the second kid's dad networked for him. I am guessing technicals were not asked during their phone screening.

They would have been better off answering everything with "I don't know". I asked the first kid to derive free cash flows starting from net income and he ended up talking about capitalizing revenue. I asked the second kid how he would derive terminal value, and he referenced a net income to EBITDA multiple. This is the second time in 12 months a candidate has used a net income to EBITDA multiple to arrive at terminal value, and both of them swore that they obtained the BIWS certification. I blame Brian. Thanks a lot Brian.

Most Active Monkeys in the past 30 days:

1. @thebrofessor" 1154, 2. @Sil" 1091, and 3. @Matrick" with 1060.

See where you rank here.

New WSO Certified Users:

I wanted to take the space here to thank and congratulate the new Certified Users from the past week. Welcome to the club. Some of these are new members, but all have confirmed that they work in the indicated industry at the level selected on their profile. All Certified Users have a yellow star next to their usernames when posting in the forums, so you all know which sources you can trust the most. As WSO Certified Users, they get 3 months free to the WSO Job Board ($45 Value). Without further ado:

Investment Banking
@idaho” - Industry/Coverage - 1st Year Analyst
@Big Shot Hopeful” - Industry/Coverage - 1st Year Analyst

Hedge Fund
@Sheshe_Y” - Event Driven - 1st Year Associate

Sales & Trading
@Asiaexpat” - Commodities – Other

Real Estate
@dinoRE” - Commercial - Research Associate

Other
@mcbites” - Other – Other

Are you a working professional and you're interested in joining the WSO Certified User club? E-mail [email protected] and [email protected] your username and send a link to your LinkedIn profile.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
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...”