Wall Street Oasis logo


  • Recent
    • All Recent Content
    • Top WSO Bloggers
    • WSO Chat Room
    • Hot Topics - Week
    • Hot Topics - Month
    • Hot Topics - Year
    • Hot Topics - All Time
    • Top Comments - All Time
  • FAQs
    • Best Interviews
    • Common Questions
    • Industry Specific
    • WSO 101
    • Education
    • Recruiting
    • Life in Finance
    • WSO Company Database
    • WSO Finance Dictionary
  • Forums
    • Post Forum Topic
    • Best Comments
    • WSO Chat Room
    • Job Search Advice
    • Investment Banking
    • Private Equity
    • Venture Capital
    • Trading
    • Consulting
    • Hedge Funds
    • Corporate Finance
    • Real Estate Finance
    • Equity Research
    • Asset Management
    • WSO Success Stories
    • Other Careers
    • Business School
    • Resume Forum
    • Wall St. Fashion
    • New User Intros
    • Monkey Around
    • WSO Products
    • Site Suggestions
  • Groups
    • Browse Groups
    • Create Group
    • My Groups
    • Non Target Networking
    • Energy Trading
    • State your salary
    • Read the Footnotes
    • Proprietary Traders
    • WSO Investment Forum
    • CFA
    • The Restructuring Group
    • Economics
    • RE Finance/Investments
  • About
    • About WSO
    • Press
    • Contact Us
    • RSS Sitemap
    • Advertise on WSO
    • WSO Discounts
    • WSO Store
  • Login
  • Sign Up!
  • Hot Topics
  • My Profile
  • Company Research
  • Modeling
  • Resume Review
  • Events
  • Interview Guides
  • Job Board
  • Intern Positions

6 Free Financial Modeling Lessons...and More.

Enter your e-mail below to get our Free Tutorials.

Wall Street Oasis » Forums » I-Banking Bullpen
< previous | next >

banker career/lifestyle....not all that great? worth it?
 

  • « first
  • ‹ previous
  • 1
  • 2
hellonyc's picture
hellonyc
      IB
 
(Senior Monkey, 67
 
Points)
 on 2/14/10 at 9:40am
monkeybusiness.JPG

Part of why people go into banking vs. any typical "finance analyst" role is the lifestyle. However realistically, what is the point of having an amazing apartment, if you never spend any time in it. I mean I'm not going to rent a 5000/month penthouse if I come home every night and pass out on my bed.
How often do people have time to go to clubs and get tables, when you are working 80-100 hour weeks. From the time I spend as a summer analyst, most departments are not filled with the craziest party animals, many are quite nerdy/shy and/or int'l. (And after working in banking , your only friends will be bankers!). I know that a few groups have a much more "fratty" culture where people tend to be more social after hours, but the majority of groups are rather diverse, in all regards. One fellow intern tried alcohol for the first time at our company party, even after being in college for three years.

As far as I'm concerned, analysts and associates pretty much work the same hours, associates probably have a lighter load on the weekends, but any busy group, will have associates staying till midnight or later on a nightly basis. The only real lifestyle change probably happens at the VP level when your job role shifts towards bringing business in, weekends drop off, but in that case, you start traveling like crazy during the week.

...People talk about doing banking just until going to "buy-side", with less hours and equivalent pay, but unfortunately not everyone gets an opportunity to go to buy-side. For example, out of the twelve analysts in a group I interned with, only four got "legit" exit opps in PE/HF, 2 stayed on for a third year and are incredibly depressed, and the other six picked up general finance roles at typical companies taking a huge paycut, one guy went be a worker at Training the Street. Remind you that these guys had great deal flow and went to top schools! Even when you get to PE/HF, hours may be much less, but stress levels/responsibilities are sky high. Finnaly most places kick you out after two years, until you get an mba. FYI- getting into a top mba school is not easy!! Finally getting a PE/HF job after b-school is even harder because they are making a long term commitment to you, and the competition within each b-school is cut throat.

As far as prestige goes, first lets say that bankers will never have the prestige of doctors, firefighters, scientists, judges (not lawyers lol), and some politicians and other doing-good for humanity professions. Second, I don't think the general public has any idea the difference between banking and general financial analyst roles, girls certainly don't know the difference Most don't understand the difference between retail and investment banks, they think you work the same place where people deposit their weekly paychecks. not to mention the difference between back and front office, operations vs. IB, most think its all the same. ....And if you put prestige aside, then you can earn a great salary running a small business, for example- my 26 year old cousin owns two verizon franchise stores (running a cell phone store isn't rocket science) and makes 350K a year, hired store managers and now is working only 20-30 hours a week, real estate investing on the side just for fun because he doesn't know what else to do with all his extra cash, while his job is not dealmaking, he is happy and living the life, he has time to go out at night, and go out to dinner, have friends, hamptons in the summer, miami breaks in winter, int'l vacations, and when he goes to work everyday he is the boss. nobody to answer to.

My question is now that the "prestige" of banking is no longer there, the bonuses sure ain't what they used to be, and exit opps are harder and harder to get, ibanking decreases your chances at b-school due to the overabundance of ibanking applicants, and the lifestyle kills your social/relationship life.....is banking worth it? 9/10 of people are in it for the money, prestige, and so-called lifestyle, not because they like sitting in a cubicle staring at an excel spreadsheet.

  •  
  •  
Tags:
  • I-Banking Bullpen
ihatetaxes's picture

OP - Screw the world. Do what

ihatetaxes
      IB
 
(Baboon, 133
 
Points)
 on 2/15/10 at 6:11pm
You must be signed in to read advice below.
Sign In with FacebookSign In with Google
Connecting helps us build a vibrant community. We'll never share your info without your permission.

Sign Up with email

  • 0
  •  
  •  
IlliniProgrammer's picture

Quote: You failed to secure a

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 2/15/10 at 6:46pm

Work hard, play hard.

  • 0
  •  
  •  
mango123's picture

along the lines of what

mango123
      IB
 
(Senior Baboon, 180
 
Points)
 on 2/15/10 at 6:56pm
  • 0
  •  
  •  
MoneyKingdom's picture

Pussinboots' comment made me

MoneyKingdom
      IB
 
(Gorilla, 626
 
Points)
 on 2/15/10 at 7:00pm
  • 0
  •  
  •  
MoneyKingdom's picture

Pussinboots' comment made me

MoneyKingdom
      IB
 
(Gorilla, 626
 
Points)
 on 2/15/10 at 7:00pm
  • 0
  •  
  •  
shep's picture

lg0718 wrote: You call

shep
      IB
 
(Senior Baboon, 192
 
Points)
 on 2/15/10 at 7:45pm
  • 0
  •  
  •  
Bondarb's picture

The chances of being very

Bondarb
      HF
 
 
(Neanderthal, 2,267
 
Points)
 on 2/15/10 at 8:45pm
  • 0
  •  
  •  
basketballbanker's picture

Money isn't everything, it

basketballbanker
      O
 
(Senior Monkey, 75
 
Points)
 on 2/15/10 at 9:14pm
  • 4
  •  
  •  
zbb's picture

you mention prestige. i think

zbb
      IB
 
(Senior Baboon, 249
 
Points)
 on 2/16/10 at 4:06am
  • 0
  •  
  •  
spt10v's picture

WSO should do a survey with a

spt10v
      ST
 
(Chimp, 14
 
Points)
 on 2/16/10 at 4:37am
  • 0
  •  
  •  
lurker22's picture

that poll would be answered

lurker22
      IB
 
(Monkey, 45
 
Points)
 on 2/16/10 at 5:51am
  • 0
  •  
  •  
moneyneversleeps2's picture

newterp- it's making a point

moneyneversleeps2
      IB
 
 
(Orangutan, 256
 
Points)
 on 2/16/10 at 10:06am
  • 0
  •  
  •  
tandaradei's picture

hellonyc wrote: A lot of

tandaradei
      IB
 
 
(Senior Baboon, 213
 
Points)
 on 2/16/10 at 11:46am
  • 0
  •  
  •  
M-001's picture

He answered that question

M-001
      IB
 
(Senior Baboon, 233
 
Points)
 on 2/16/10 at 1:01pm
  • 0
  •  
  •  
milkman84's picture

hellonyc wrote: ...My summer

milkman84
      IB
 
(Gorilla, 729
 
Points)
 on 2/16/10 at 2:29pm

Financial Modeling Training
Guide to Finance Interviews

  • 0
  •  
  •  
lindamas's picture

My friends in consulting are

lindamas
      IB
 
(Senior Orangutan, 408
 
Points)
 on 2/16/10 at 5:11pm
  • 0
  •  
  •  
tandaradei's picture

MC 002 wrote: He answered

tandaradei
      IB
 
 
(Senior Baboon, 213
 
Points)
 on 2/16/10 at 5:36pm
  • 0
  •  
  •  
gobstopper's picture

Money at a high level has a

gobstopper
      O
 
(Senior Chimp, 29
 
Points)
 on 2/16/10 at 8:30pm
  • 0
  •  
  •  
Tasteful Thickness's picture

I think we should end this

Tasteful Thickness
      IB
 
(Monkey, 60
 
Points)
 on 2/17/10 at 12:22am
  • 0
  •  
  •  
TNA's picture

I think what needs to be kept

TNA
      O
 
 
(Human, 13,467
 
Points)
 on 2/17/10 at 12:54am

MSF Website
MACC Website
MSF Twitter

  • 0
  •  
  •  
Dude's picture

How is being an entrepreneur

Dude
      CF
 
(Chimp, 15
 
Points)
 on 2/17/10 at 1:00pm
  • 0
  •  
  •  
ChimpProspect's picture

"The whole point of working

ChimpProspect
      O
 
(Chimp, 14
 
Points)
 on 2/17/10 at 1:59pm
  • 0
  •  
  •  
supertight's picture

Working 70+ hours a week

supertight
      IB
 
(Monkey, 42
 
Points)
 on 2/17/10 at 9:00pm
  • 0
  •  
  •  
weeds499's picture

Just try banking out and see

weeds499
      IB
 
(Orangutan, 255
 
Points)
 on 2/17/10 at 10:16pm
  • 0
  •  
  •  
fritos's picture

"Working 70+ hours a week

fritos
      IB
 
(Senior Baboon, 184
 
Points)
 on 2/17/10 at 11:04pm
  • 0
  •  
  •  
MBA_DC_kid's picture

I agree on that I owned 6

MBA_DC_kid
      IB
 
(Chimp, 5
 
Points)
 on 2/18/10 at 12:53am
  • 0
  •  
  •  
didi2008's picture

instapreneur wrote: comrise

didi2008
      IB
 
(Senior Monkey, 91
 
Points)
 on 2/18/10 at 5:40am

----------------------------------------------------------------------------------------
Love all, trust a few, do wrong to none.——William Shakespeare

  • 0
  •  
  •  
basketballbanker's picture

Also, I would argue the

basketballbanker
      O
 
(Senior Monkey, 75
 
Points)
 on 2/18/10 at 8:05am
  • 0
  •  
  •  
coffeebateman's picture

One of the richest people I

coffeebateman
      IB
 
(Senior Gorilla, 839
 
Points)
 on 2/18/10 at 8:43am

--------------------------------------------------------
"I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcom

  • 0
  •  
  •  
george_costanza's picture

supertight wrote: Working 70+

george_costanza
      CF
 
(Baboon, 105
 
Points)
 on 2/19/10 at 5:17pm
  • 0
  •  
  •  
Bondarb's picture

didi2008 wrote: instapreneur

Bondarb
      HF
 
 
(Neanderthal, 2,267
 
Points)
 on 2/19/10 at 7:21pm
  • 0
  •  
  •  
Marcus_Halberstram's picture

A few things... #1- I don't

Marcus_Halberstram
      PE
 
 
(Neanderthal, 3,435
 
Points)
 on 2/19/10 at 7:27pm

Financial Modeling Training
Guide to Finance Interviews
Banking Resume

  • 0
  •  
  •  
tothedeath's picture

Quote: Stop looking for

tothedeath
      IB
 
(Senior Monkey, 66
 
Points)
 on 2/19/10 at 7:30pm
  • 0
  •  
  •  
stk123's picture

Dude wrote: How is being an

stk123
      ER
 
 
(Senior Orangutan, 448
 
Points)
 on 2/19/10 at 8:16pm
  • 0
  •  
  •  
boutiquebank4life's picture

Do what you like, as long as

boutiquebank4life
      IB
 
(Senior Gorilla, 927
 
Points)
 on 2/20/10 at 10:19pm
  • 0
  •  
  •  
  • « first
  • ‹ previous
  • 1
  • 2

6 Free Financial Modeling Lessons...Straight to Your Inbox.

Confirm your name and e-mail below to get our best tips

Monkey Stats
Account information
We respect your Name and E-mail privacy. By joining you accept our terms of service.
Skip this step
Terms and Conditions of Use
These are the "Terms and Conditions" under which you may use WallStreetOasis.com. Please read this page carefully including the Privacy Policy below. If you do not accept the Terms and Conditions and Privacy Policy stated here, do not use this web site or any services offered by this web site. By using this web site, you are indicating your acceptance to be bound by the terms of these Terms and Conditions and Privacy Policy. IB Oasis Corp. (the "Company") may revise these Terms and Conditions and Privacy Policy at any time by updating this posting. You should visit this page periodically to review the Terms and Conditions and Privacy Policy, because they are binding on you. The terms "You" and "User" as used herein refer to all individuals and/or entities accessing this web site for any reason.

Neither WallStreetOasis.com, IB Oasis Corp. nor employees of IB Oasis Corp. are investment advisors. The purpose of this website is NOT to give any advice on your personal investment strategy. If you base your investment decisions on content of this website, you may lose part or all of your money.

You should not violate any other law or regulation, including, without limitation, the rules and regulations of the U.S. Securities and Exchange Commission and the national or other securities exchanges, especially including the rule against making false or misleading statements to manipulate the price of a security or the rule requiring you to disclose any compensation you may receive for describing a security.

You should not access WallStreetOasis.com by any means other than through the interfaces we provide for use in accessing our services or use any automated means, including, without limitation, agents, robots, scripts, or spiders, to access, monitor, copy, or harvest data from any part of our sites, except those automated means that we have approved in advance and in writing.

The Company, in its sole discretion, reserves the right to remove any postings, or deny access by any individuals, for any reason or no reason.

If you see something that you feel is a violation of the these Terms and Conditions, please notify us by emailing wallstreetoasis at wallstreetoasis.com.

We reserve the right to change the Terms and Conditions at any time. Changes will be posted on the applicable web page.

Use of Material.

The Company authorizes you to view and download a single copy of the material on www.WallStreetOasis.com (the "Web Site") solely for your personal, noncommercial use. By using the Web Site you are giving the Company the sole right to use any and all content you generate or publish on the site for commercial, non-commercial or promotional purposes. This includes any and all forum posts, comments, blog posts or any other material you generate on the Web Site.

The contents of this Web Site, such as text, graphics, images, logos, button icons, software and other items (collectively, "Material"), are protected under both United States and foreign copyright, trademark and other laws. All Material is the property of the Company or its content suppliers or clients. The compilation (meaning the collection, arrangement and assembly) of all content on this Web Site is the exclusive property of the Company and protected by U.S. and international copyright laws. Unauthorized use of the Material may violate copyright, trademark, and other laws. You must retain all copyright, trademark, service-mark and other proprietary notices contained in the original Material on any copy you make of the Material. You may not sell or modify the Material or reproduce, display, publicly perform, distribute, or otherwise use the Material in any way for any public or commercial purpose. The use of the Material on any other web site or in a networked computer environment for any purpose is prohibited.

You shall not copy or adapt the HTML code that the Company creates to generate its pages. It is also protected by the Company?s copyright.

Acceptable Site Use.

General Rules: Users may not use the Web Site in order to transmit, distribute, store or destroy material (a) in violation of any applicable law or regulation, (b) in a manner that will infringe the copyright, trademark, trade secret or other intellectual property rights of others or violate the privacy, publicity or other personal rights of others, or (c) that is defamatory, obscene, threatening, abusive or hateful.

Web Site Security Rules. Users are prohibited from violating or attempting to violate the security of the Web Site, including, without limitation, (a) accessing data not intended for such user or logging into a server or account which the user is not authorized to access, (b) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization, (c) attempting to interfere with service to any user, host or network, including, without limitation, via means of submitting a virus to the Web Site, overloading, "flooding", "spamming", "mailbombing" or "crashing", (d) sending unsolicited e-mail, including promotions and/or advertising of products or services, or (e) forging any TCP/IP packet header or any part of the header information in any e-mail. Violations of system or network security may result in civil or criminal liability. The Company will investigate occurrences which may involve such violations and may involve, and cooperate with, law enforcement authorities in prosecuting users who are involved in such violations.

Specific Prohibited Uses.

The Company specifically prohibits any use of the Web Site, and all users agree not to use the Web Site, for any of the following:

  • Posting any incomplete, false or inaccurate biographical information or information which is not your own accurate resume
  • 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

  • New
  • Active
  • Rank
  • Comments
  • Are brand name glasses too fashionable for banking? How bout the thicker framed glasses? I was thinking of getting something along the lines...
    Prescription Glasses
  • Hello, I am just looking for some opinions on Economics degrees, that is my major and I would like to know how Financial and Accounting firms and departments (in companies) view this degree. Please share what you think or your experience. Non target school and mediocre GPA...
    Economics major
  • Hello fellow monkeys. A few weeks ago I was admitted, and have now formally accepted my transfer admission from a community college into UCLA's Business Economics program for this fall. I've started thumbing through the catalog of courses for my major (and a potential minor in accounting)...
    UCLA Biz Econ Reviews?
  • With the great acceleration of WSO Certified Users has come an awesome collection of interviews, general Q&As and AMAs that we have compiled into 1 place. If you hover over the FAQ menu above and click "Best Interviews", you will find an awesome array of Q&As from some of WSOs...
    Best Q&As and Interviews on WSO
  • Can anyone chime in on working this...
    Piper Jaffray Public Finance?
  • I went to a career event at my school and a senior manager at a consulting firm was speaking there. We talked for a bit after and he gave me his business card. I'm looking for a summer internship - how do I make use of this card? Also, do large firms/companies ever hire interns unofficially...
    Got a business card at a school event - how to ask for an internship?
  • Hey guys, So I am very new to this....I know about the CFA and the CPA , but I recently read something about some ''series'' exams, such as series 7 and what not, and it sounds like taking and passing those would be easier and cheaper for someone with no background in...
    Series....series... 1, 2 3, 6, 9, damn you are fine
  • I'm a 1st year undergraduate med student in the UK at a top 3 med school. I had a tough time deciding between medicine and business but i chose medicine. This summer i'm doing neurology research (will be using excel) but i'm also interested in doing some sort of summer internship at...
    med student interested in summer job
  • I did a search function as well as read the article on M&I and damn, corporate banking at a BB seems incredible! Pros: - Compensation: Same base as IBD, slightly discount in bonus (kind of like ECM/DCM level bonus). - Hours: 9am ~ 7~8pm (for juniors) - Exit Opps: Since it focuses a...
    Why aren't people aiming Corporate Banking?
  • Hey guys, Just curious if anyone has an idea what the going rate for an intern in portfolio management at a ~10bn AUM firm would pay. The FoF I am working in is roughly 2-3bn in AUM. Looked around but I couldn't find anything recent or relevant to this specific strategy. Was curious to...
    FoF Pay?
  • I'm in kind of a weird position with credits at my school. Because of AP credits, summer classes, etc, I can theoretically graduate in 3 years with this coming year being a senior year. However, I wasn't able to get a SA position anywhere this summer so though my resume is...
    FT without SA position?
  • Hi guys, I am going to write a paper this summer about the Real Estate Private Equity Deal Structures and Trends and I was wondering whether you could come up with some interesting ideas on the research question/hypotheses to be tested. I am currently interning PERE and already have some network...
    REAL ESTATE PRIVATE EQUITY MASTER THESIS
  • IlliniProgrammer and MilitarytoFinance's comment about SCUBA diving on another thread made me wonder if there are any other certified divers on the site. What are your favorite dive locations? What dive certifications do you have? What is your dream vacation...
    Any SCUBA Divers on WSO?
  • Hello monkeys, Created this account to get a feel for things in the world of Wall St. and get a head start (within reason, of course). Been lurking on this site for a while now, and looking forward to enjoying the golden bits of WSO trolling/troll-busting :) But for now, just enjoying one of...
    Greenhorn intro
more

Upcoming Events

  • Advanced M&A Accounting & Tax Topics Webcast (Live)
    May 21 2013 - 6:00pm - 9:00pm
  • Boston WSO Happy Hour - Wed May 22nd, 6PM
    May 22 2013 - 6:00pm - 8:00pm
  • Financial and Valuation Modeling Boot Camp (Dallas)
    May 23 2013 - 8:00am - May 25 2013 - 5:00pm
  • Shanghai Happy Hour May 24th Friday 7:30PM - 10:30PM
    May 24 2013 - 7:30am - 10:30am
  • Hong Kong Networking Event - Happy Hour, May 24th, 7:30PM
    May 24 2013 - 7:30pm - 9:30pm
more

Highest Ranked Content

  • Week
  • Month
  • Year
  • All Time
  • Comments
I used to work with a guy that had everything on the surface, but absolutely nothing inside. The guy was 6 feet tall, good-looking, charismatic, multi-lingual, graduated from a top business school, and had made MD at a bulge bracket investment bank. Yet he couldn’t remember the last time he...
How to Develop a Personality
<em>Mod note (Andy): we vetted this user to confirm his identity/status and yes in fact he is who he says he is, and is eager to answer your questions :)</em> Bio: I decided to join WSO to help both students and young professionals advance in their Finance careers, whether that be...
I'm an MD and I run the Sales division: Ask Me Anything
I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
You've just gotten that promotion and now you're in charge of a small team. Congratulations! And welcome to middle management. All the hard work and the knowledge you've developed about everything your firm does these past few years has been noticed. But, now you have a small...
7 Things I've Learned About Being A Manager
Assuming that you have access to no financial products such as FactSet, Bloomberg, CapitalIQ, Thomson or otherwise, thought it would be helpful to give a step by step guide on how to ramp up on a new company from your home computer. Using FaceBook as an example. Lets go ahead and start with the...
Basic Guide Ramping Up On A Company With Public Information (Part 1 of 3)
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)
<em>“You know, In The Flesh,”</em> a WSO monkey told me at a recent Happy Hour, <em>“that gentleman’s book is the real deal. I ordered that shit on Amazon as soon as I read your review. It’s so right, man. I want to be like that: keep my word, honor my commitments, be...
Being A Gentleman, Revisited
<em>Mod Note: This is a syndication from Jared's Daily Dirtnap daily market newsletter. WSO readers qualify for a $100 discount...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap</em> There I go...
In Praise Of High Interest Rates
You guys are gonna have to get me caught up because I have literally been living in a cave for the past week. Well, several caves, but I'll get to that in a minute. I just got back from what was possibly the <em>least</em> relaxing (but most interesting) vacation of my life. In...
I Spent the Past Week in a Cave
That included Brady having a breakdown because he still couldnt get into Harvard. And then me getting my certified user status revoked and being really upset about it. Signs my life is pathetic? I think so.
Had a dream about WSO
more

Recent Jobs

  • M-Payments Start-up: Chief of Staff & Business Development Manager
  • Venture Capital Associate - Austin, TX
  • Associate - Philadelphia
  • Vice President, Investment Banking Credit Division
  • Fund Accountant - Chicago
more



Sell Tickets Online through Eventbrite

Poll

Why would you NOT go to the 2013 WSO Conference? :
View the current poll results.

Silver Banana Rankings

  • Silver Banana Leaders
  • Soiled Monkeys
UserSilver Bananas
Edmundo Braverman1112
TNA1094
CompBanker873
happypantsmcgee742
IlliniProgrammer715
UFOinsider628
TheKing620
BlackHat564
Nouveau Richie420
cphbravo96404
more

Top WSO Members

  • Total Bananas
  • Active Monkeys
UserBanana Points
Edmundo Braverman14319
TNA13467
WallStreetOasis.com12039
UFOinsider10300
happypantsmcgee9621
IlliniProgrammer9178
CompBanker8504
Siberian Husky5862
AndyLouis5784
monty095398
more

New Groups

  • Denver Professionals
  • Minneapolis Bankers
  • Non-Target Networking in NYC
  • Prep School Bankers
  • Commercial Real Estate
  • University of London
  • University of Cambridge
  • Atlanta Monkeys
  • German Monkeys
  • University of North Carolina - Chapel Hill
more

© 2006-2012 WallStreetOasis.com | All Rights ReservedAdvertise | About Us | Contact Us | FAQs | Site Map | Privacy Policy

As Seen In

Sister Site

Syndicate content