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Wall Street Oasis » Forums » I-Banking Bullpen
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Second Year IB Analyst Answering Questions
 

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bigbadanalyst's picture
bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/21/13 at 1:30pm
q and a.png

Hey guys - I am open to taking questions on anything. I am currently a second year analyst at a top bank and headed to the buyside in the summer. Ask away.

-Bigbadanalyst

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anavoisp's picture

Could you please help me with

anavoisp
     
 
(Monkey, 51
 
Points)
 on 1/13/13 at 5:57pm

Could you please help me with this? : http://www.wallstreetoasis.com/forums/top-domestic...

Thank you!

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Financier4Hire's picture

How did you get your next

Financier4Hire
      PE
 
(King Kong, 1,240
 
Points)
 on 1/13/13 at 6:09pm

How did you get your next (you mentioned summer) job ? My guess it's that same old story again, you drop your pants and show Harvard/Yale/Wharton and everyone starts jaw-dropping and gasping for dear air.

"The future isn't what it used to be "-Yogi Berra

"Perhaps you've failed to take into account my hidden assets"-007


The coolest cat on WSO
My BLOG

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GED or Bust's picture

PE or HF? May help direction

GED or Bust
      IB
 
(Senior Baboon, 202
 
Points)
 on 1/13/13 at 7:07pm

PE or HF? May help direction of questions.

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Prangs's picture

How are analysts picked to

Prangs
      O
 
(Orangutan, 268
 
Points)
 on 1/13/13 at 10:18pm

How are analysts picked to interview undergrads? If you have never interviewed an undergrad before, what are the chances you will interview one this year? Will they let you know beforehand or is there any list of people who are "qualified" to interview? How is this in Asset Management if you know?

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bigbadanalyst's picture

@anavoisp - I dont know

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/13/13 at 11:46pm

@anavoisp - I dont know enough about those places to give an informed answer.

@financier - Getting the interviews was that easy, but the interviews themselves were not easy. Credentials can only get you so far. Funds will grill you no matter who you are. If you dont know your shit, you wont get passed the first or second round (for hedge funds, generally the first round is with HR).

@GED - HF, but I dabbled in the MM PE process too

@Prangs - generally, analysts dont interview at my firm. Its associate or above. Analysts do the resume screening and coffee chats type stuff.

Keep em coming...

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TGICapitalism's picture

What do you view as the most

TGICapitalism
      IB
 
(Baboon, 121
 
Points)
 on 1/13/13 at 11:59pm

What do you view as the most important aspects of preparation for obtaining and performing in SA and 1st year FT interviews? (i.e. technicals, developing/polishing your story, GPA, prior WE, etc.) Thanks a lot. This is really helpful.

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zeroblued's picture

HF megafund, or small? and

zeroblued
     
 
(Senior Baboon, 179
 
Points)
 on 1/13/13 at 11:59pm

HF megafund, or small? and what kind of strategy does your future firm use?

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bigbadanalyst's picture

@TGI - All things you

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/14/13 at 1:17am

@TGI - All things you mentioned play a part in getting the offer. For example, when looking through 300+ resumes when I have other things to do or plans that night, each résumé will get 10-30 seconds at most. Luckily, there are enough 3.8+ with top internship resumes that it's not hard. After that, there could be coffee chats - if your story sucks or you don't seem to know anything about finance/banking you won't get to the actual interviews. At the interviews, if you can't answer the technicals you prob won't make it to the super day. Essentially, with so many kids from top schools applying, the top banks can have their cake and eat it too.

It's $3bn+ with an emphasis on value.

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streetwannabe's picture

I'm in my final year of

streetwannabe
      AM
 
(King Kong, 1,384
 
Points)
 on 1/14/13 at 8:32am

I'm in my final year of school at a miserable little institution with no name recognition at all. I've networked as much as I can and believe I've exhausted all reliable/helpful sources. I have decent GPA and experience (3.5 and three internships, one at a boutique IB) and have applied to around 200 different jobs. Haven't had any real opportunities and haven't even had an interview yet.

Long story short, extremely discouraged and very annoyed because I feel like while I may not be getting offers left and right, I expected to at least have some interview invites. What would be my best option going into the spring of my final semester? I've been trying to look into smaller boutiques and specialty advisory firms, however just feel like I've applied for all possible positions available at the moment.

Any advice would be great, thanks.

"History doesn't repeat itself, but it does rhyme."

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bigbadanalyst's picture

@street - I know the spot you

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/14/13 at 11:13am

@street - I know the spot you are in is a frustrating one. Your best bet would be to cast a wider net. I know it may be ibanking or bust, but you really don't want to be in the position of not having anything come May. You have to understand that there are SO many qualified applicants that getting the interview is an accomplishment in itself. Also, you mentioned having worked at a boutique - why not go back there or at the very least leverage your contacts at the firm - it's a small world and they probably have buddies at other firms. Best of luck!

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In reply to streetwannabe
yeahright's picture

streetwannabe: I'm in my

yeahright
      O
 
 
(King Kong, 1,208
 
Points)
 on 1/15/13 at 10:03am
streetwannabe:

I'm in my final year of school at a miserable little institution with no name recognition at all. I've networked as much as I can and believe I've exhausted all reliable/helpful sources. I have decent GPA and experience (3.5 and three internships, one at a boutique IB) and have applied to around 200 different jobs. Haven't had any real opportunities and haven't even had an interview yet.

Long story short, extremely discouraged and very annoyed because I feel like while I may not be getting offers left and right, I expected to at least have some interview invites. What would be my best option going into the spring of my final semester? I've been trying to look into smaller boutiques and specialty advisory firms, however just feel like I've applied for all possible positions available at the moment.

Any advice would be great, thanks.

I know its not my thread, but don't stick to only known sources like alumni. Reach out to random people who share a common thing with you (prep school background, sports, location grown up, rival school). I had great success reaching out to RANDOM people on Linkedin who were only second level connections.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."

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In reply to yeahright
bigbadanalyst's picture

Yes, I agree. Casting a wide

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/15/13 at 7:34pm

Yes, I agree. Casting a wide net in every way possible is key. It doesn't matter how you get the job - just get the fucking job. This should be all you do and think about till you get one. Not an ideal senior year, I know, but then again, you probably wouldn't be a fit for banking if you are not driven.

Also, don't think I am just spouting some inspirational bullshit. I thoroughly earned my seat at my firm. I cannot tell you how many times I've been rejected (was even rejected by the firm I am at now). It's fucking hard. Many analysts have daddies in the business or who are clients, so if you don't, expect to work your ass off and sacrifice a lot to break in.

yeahright:
streetwannabe:

I'm in my final year of school at a miserable little institution with no name recognition at all. I've networked as much as I can and believe I've exhausted all reliable/helpful sources. I have decent GPA and experience (3.5 and three internships, one at a boutique IB) and have applied to around 200 different jobs. Haven't had any real opportunities and haven't even had an interview yet.

Long story short, extremely discouraged and very annoyed because I feel like while I may not be getting offers left and right, I expected to at least have some interview invites. What would be my best option going into the spring of my final semester? I've been trying to look into smaller boutiques and specialty advisory firms, however just feel like I've applied for all possible positions available at the moment.

Any advice would be great, thanks.

I know its not my thread, but don't stick to only known sources like alumni. Reach out to random people who share a common thing with you (prep school background, sports, location grown up, rival school). I had great success reaching out to RANDOM people on Linkedin who were only second level connections.

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wrestlemaniac's picture

How did you decide between HF

wrestlemaniac
     
 
(Senior Chimp, 23
 
Points)
 on 1/15/13 at 7:49pm

How did you decide between HF and PE? Which group are you in at your bank and how did you pick it? How different are the exit opps between various groups within your bank?

Thank you.

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In reply to D1 finance
bigbadanalyst's picture

Like many people on this

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/15/13 at 9:50pm

Like many people on this site, I had dreams of 2 years GS/MS, 2 years KKR/BX....honestly, banking is boring and mind numbing. I spoke to many people at PE firms and although they said it was in some ways better than banking (better hours when not on deals, much better pay and perks, somewhat less bullshit) it is inherently the same shit as banking. I didn't want to spend two more years of my life wishing it away. I found the HF path to be more exciting. I love following the markets and investing and can honestly say will enjoy my next job, sure it will inherently be more stressful (losing money vs fucking up the font or something stupid in a pitch book), but for me, it will be much more satisfying.

As for my group, it is a top group at GS/MS, I won't say which as I would like to remain anonymous. I chose it because I liked the analysts I met and the placement was really "sick". From what I have seen, just about every group has placed well. If I had to do it all over again, I would've gone for an elite boutique.

D1 finance:

How did you decide between HF and PE? Which group are you in at your bank and how did you pick it? How different are the exit opps between various groups within your bank?

Thank you.

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Raptor.45's picture

What tips do you have for an

Raptor.45
     
 
(Orangutan, 337
 
Points)
 on 1/15/13 at 11:10pm

What tips do you have for an incoming first year analyst in NYC in terms of spending/saving money? How much money did you save the first year and how much do you think is a good target to save? Is "spend your salary save your bonus" a good rule? What's worth splurging on and what's best to go cheap on as an analyst (i.e. worth it to splurge on clothes, appt, nights out, etc)?

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In reply to Raptor.45
bigbadanalyst's picture

Well, I don't know you, so I

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/15/13 at 11:58pm
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quag_mire's picture

I'm currently a first year in

quag_mire
      ST
 
(Senior Baboon, 185
 
Points)
 on 1/16/13 at 7:15am
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In reply to quag_mire
bigbadanalyst's picture

Well the first thing to do is

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/16/13 at 3:36pm
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doriolisdog's picture

Thanks for the great replies

doriolisdog
     
 
(Monkey, 55
 
Points)
 on 1/16/13 at 5:25pm
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TakeItToTheBank26's picture

I had a phone call today with

TakeItToTheBank26
      IB
 
(Baboon, 140
 
Points)
 on 1/16/13 at 5:46pm

"Money is a scoreboard where you can rank how you're doing against other people."
-Mark Cuban

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In reply to doriolisdog
bigbadanalyst's picture

I honestly have only come

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/16/13 at 6:01pm
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In reply to ltdsting26
bigbadanalyst's picture

Everything is an interview.

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/16/13 at 6:08pm
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Prangs's picture

How does a non-target student

Prangs
      O
 
(Orangutan, 268
 
Points)
 on 1/16/13 at 9:52pm
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In reply to Prangs
bigbadanalyst's picture

It's an uphill battle for

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/17/13 at 8:05am
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In reply to bigbadanalyst
burnincrab's picture

bigbadanalyst: If I had to do

burnincrab
     
 
(Monkey, 57
 
Points)
 on 1/17/13 at 4:53am
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In reply to burnincrab
bigbadanalyst's picture

Several reasons why I would

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/17/13 at 10:43am
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In reply to bigbadanalyst
bigbadanalyst's picture

[quote=bigbadanalyst]

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/17/13 at 8:35am
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henryxub's picture

How would you make your

henryxub
     
 
(Baboon, 117
 
Points)
 on 1/17/13 at 8:46am
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In reply to henryxub
bigbadanalyst's picture

Yes, with anything in life

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/19/13 at 9:00pm
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wrestlemaniac's picture

Which elite boutiques,

wrestlemaniac
     
 
(Senior Chimp, 23
 
Points)
 on 1/21/13 at 2:34am
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orangebull's picture

Is there a good way to ask

orangebull
     
 
(Senior Baboon, 227
 
Points)
 on 1/21/13 at 2:47pm
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westsider's picture

Couple of recruiting

westsider
     
 
(Monkey, 62
 
Points)
 on 1/21/13 at 4:55pm
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In reply to D1 finance
bigbadanalyst's picture

These thoughts are based on

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/21/13 at 5:38pm
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In reply to orangebull
bigbadanalyst's picture

If it was me, I would just be

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/21/13 at 5:42pm
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In reply to westsider
bigbadanalyst's picture

I was able to do both

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/21/13 at 5:49pm
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tangent style's picture

How has work changed from

tangent style
     
 
(Baboon, 145
 
Points)
 on 1/21/13 at 6:39pm

"Do not go gentle into that good night"

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In reply to bigbadanalyst
dogboo's picture

What are your thoughts on

dogboo
     
 
(Senior Orangutan, 380
 
Points)
 on 1/21/13 at 6:56pm
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In reply to tangent style
bigbadanalyst's picture

It has generally been better.

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/21/13 at 7:55pm
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tangent style's picture

[Maybe has been asked before,

tangent style
     
 
(Baboon, 145
 
Points)
 on 1/21/13 at 7:58pm

"Do not go gentle into that good night"

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In reply to dogboo
bigbadanalyst's picture

I interviewed with Lazard as

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/21/13 at 8:03pm
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In reply to bigbadanalyst
Ealgian's picture

How did you go about

Ealgian
      IB
 
(Monkey, 37
 
Points)
 on 1/21/13 at 8:39pm
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In reply to Ealgian
bigbadanalyst's picture

It wasnt easy. I mostly

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/21/13 at 10:08pm
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AnalystMonkey2769's picture

just wanted to say, as an

AnalystMonkey2769
      IB
 
(Gorilla, 613
 
Points)
 on 1/22/13 at 1:21am

I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought- GG

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firestormllp's picture

Will M&A advisory internship

firestormllp
      IB
 
(Monkey, 43
 
Points)
 on 1/22/13 at 4:19am

Achiever in college from freshman year: Rainmaker.
Hustler in college from junior year: More than you initially hoped for.
Dreamer in college from senior year: Top closer for 4 man boutique in Idaho in toilet lid M&A
Everyone else: Dunkin Donuts.

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In reply to tangent style
bigbadanalyst's picture

It's really hard to say I

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/22/13 at 7:57am
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crawl_b4-bawl's picture

What do you think is the

crawl_b4-bawl
     
 
(Senior Monkey, 87
 
Points)
 on 1/22/13 at 9:31am
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In reply to firestormllp
bigbadanalyst's picture

Kids today are funny. You're

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/22/13 at 11:09am
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In reply to crawl_b4-bawl
bigbadanalyst's picture

There should be a date on the

bigbadanalyst
      IB
 
(Baboon, 156
 
Points)
 on 1/22/13 at 11:15am
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In reply to bigbadanalyst
crawl_b4-bawl's picture

bigbadanalyst: There should

crawl_b4-bawl
     
 
(Senior Monkey, 87
 
Points)
 on 1/22/13 at 11:34am
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In reply to bigbadanalyst
crawl_b4-bawl's picture

bigbadanalyst: There should

crawl_b4-bawl
     
 
(Senior Monkey, 87
 
Points)
 on 1/22/13 at 11:35am
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  • 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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  • Thoughts on this? Heister brings up a good question: <em>"Who else is going to the job? Which senior Goldman partner is planning on retiring and needs to shield millions in stock options from taxes?"</em> via Bloomberg: <strong>Obama Says Bernanke Has Been at Fed...
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    Australian I-Banking.
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    Summer Cocktail Events - 5 Tips to Keep the Conversation Flowing
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  • Hi everyone, I got admitted in the MSF programs at Olin and McCombs recently. Both B.schools are well recognized in their respective regions but I am very confused because of the following factors. Any suggestions will be highly appreciated. I would like to work in IB/ Asset Management. I...
    McCombs MSF or Olins MSF(corp track)
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    "1 unread message"
  • I've uploaded the IBD template provided by Mergers and Inquistions to expedite the process of resume review. I believe it would be helpful for any prospective monkeys to review this template before posting. Hope this helps. ...
    Resume Posting
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    Resume Critique please
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  • Does anyone have PE recruiting resources they'd be willing to share/ trade? I'm looking for modeling tests (with solutions) and have a few tests from top tier funds to trade in exchange. Any other recruiting resources would be appreciated as well. Please PM me. Thanks...
    PE recruiting resources
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    city boy by Geraint Anderson
  • Hey all, I will be matriculating at NYU for MBA this fall and am considering IBD since the recruiting process seems fairly reliable. I have a few questions about IBD at this level (some of these are dupes from my post "IBD pay ... really that great?" that I would like more color...
    Questions about post-MBA level IBD
  • Hi, if a story is printed in the FT or WSJ, it can apparently have quite a significant impact on the market. partly because everyone working in finance is reading at least one of the two. but what about other daily newspapers? assume a similar story is printed in the times or the guardian. what the...
    Which impact on markets do newspapers have (excluding Financial Times, Wall Street Journal, etc.)?
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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)
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?
Many of the questions that have come in surround recruiting for front office Wall Street careers from a non-target so we’ll start with some ideas for recruiting, move on to interviewing, preparing for the job and finally long-term career management advice. Before we begin, it has been...
Stand Out as a Non-Target: Recruiting (Part 1 of 4)
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