Ask a 2nd Year Analyst
IB
(Senior Orangutan, 462
Points)
on 1/14/13 at 7:15am






Where are you located and how
Where are you located and how are your hours?
NY. Hours are standard --
NY. Hours are standard -- generally around 70-80 as a 2nd year unless something gets really busy, in which case you can sometimes get into 90-100, but those tend to be more rare.
Thanks for doing this- very
Thanks for doing this- very helpful.
What group do you work in (if that isn't identifying yourself too much)?
Do you have plans for after you finish your analyst stint?
What type of school did you attend?
What did you find to be most helpful for you in the recruiting process?
Appreciate it.
Hours vary highly on what
Hours vary highly on what you're working on, your teams, and your groups, though -- important to keep in mind.
blackjack, went to a target.
blackjack, went to a target. moving to buyside. best piece of advice for recruiting (assuming SA) is know your technicals, your story, and why you actually want to do banking. having this down will help you present a coherent narrative to your interviewers, which is a key step in the process. further, banking is all about effective communication, and this is something that people take heavily into consideration during the recruiting process -- across all firms.
Do you want to stay in IBD
Do you want to stay in IBD long term?
"Those who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety."- Benjamin Franklin
lasampdoria: Do you want to
Do you want to stay in IBD long term?
Said he is moving to the buyside, so I am guessing not...
I personally am moving to
I personally am moving to buyside but I know many people that are staying in banking long-term and are perfectly happy doing so.
OP, I made a mistake in my
OP,
I made a mistake in my online application for GS. Made a honest mistake with my HS GPA. Have not seen my HS transcript for years, so I put down something wrong.
Will this cause me trouble during the BG check process. This is for GS SA.
If it helps, I can be upfront about it. According to some earlier posts in this forum, GS does ask for HS transcripts.
What would be your advice to
What would be your advice to a SA before starting work, what should u be doing to ensure a FT offer?
what did non-targets in your
what did non-targets in your group do to stand out and get an offer?
JamesHetfield, Sorry to hear
JamesHetfield,
Sorry to hear about that but I don't have much to say -- I'd contact HR and let them know it was an honest mistake if I were you. Honesty is always the best policy. Life happens -- easier to be upfront now and may give you a chance to showcase your honesty / personality to HR. Banking is about turning negatives into positives.
Ct banker,
Biggest determinant of SA-->FT offer is attitude. Obviously competency is key and doing something egregious in this area will not help your case, but you must have an extremely positive attitude about all work / banking related topics. The analyst program is a 2-year commitment, which doesn't sound like a lot, but it is a lot. If you find it difficult staying positive and having a good attitude about banking in a 10-week period, the stats don't look great for your attitude over a 104-week period (minimum), and attitude is generally one of the most important determinants of success in banking. if you sit at your computer enough you will learn finance, accounting, excel, and powerpoint. bankers are looking for team players and people that can put on a smile even when you've had not enough sleep for months. Also, ask questions when you don't know things. there will be many things you don't know, and even if you do know it, there's probably a faster way than the one you chose. ask questions to analysts, be interested, actively participate in the process and your deal team. be an effective and meaningful communicator. Do these things and you'll stand out. Last thing -- don't worry if you feel you're "not getting enough modeling experience" based on your current staffings. this will not have any impact on your offer. do the work that you get well. the reality is that for analysts, there are periods where most of the work you do is not modeling. there are other periods where you do tons of modeling. so, in essence, can't stress this enough, do the work you get extremely well. if you do that, then chances are you'll get an analyst who appreciates the work you've done and will be more likely to involve you on modeling-related assignments / teach you about it in his/her spare time because he/she was in your shoes once.
couchy, once you're there --
couchy, once you're there -- no one cares what school you went to for SAs. Everyone is in the same boat and will be considered on the same level, adjusting for the finance experience you've had in the past. Do well at what I wrote about in the above post and you'll be fine.
How much is/was your rent in
How much is/was your rent in Manhattan?
Not going to answer that but
Not going to answer that but I know people that are paying between $1000 - >$2000 per month. All depends on what you're looking for and how well you prepare in advance.
What brands mainly made up
Thank you for the response,
OP, Could you please help me
Some people will -- but I'm
what did your bonus
all 168 hours of the week are
oppcostofcapital: JamesHetfie
How much of an impact can 1st
"Well that's even more than less than unhelpful." - Jack Sparrow
anavoisp -- go where you
How common is it for bankers
Husky -- at least to me, HS
Husky -- MBA helps but is
What the fuck is with these
"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan
Thank you! What GPA do I need
anavoisp -- honestly,
what are some good habits you
BTbanker: What the fuck is
Husky32: BTbanker: What the
"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan
RonaldBacon
Did any of your fellow
How are analysts picked to
KKS -- actually yes -- it's
OP, I'm a Freshman, and my
Everyday I'm hustlin'
**WSO Misc Crew**
http://www.wallstreetoasis.com/group/wso-misc-crew
How did your analyst class do
OP, Given that many banks
-----
"The surest way not to fail is to determine to succeed."
My Question: Does HR really
Here to learn and hopefully pass on some knowledge as well. SB if I helped.
How long do analysts /
stryfe -- 1) definitely
thefix -- the answer is that
What sort of excel knowledge
Everyday I'm hustlin'
**WSO Misc Crew**
http://www.wallstreetoasis.com/group/wso-misc-crew
Do you like what you do?
Stryfe -- knowing shortcuts
How long should a student try
/
hopesanddreams -- depends on