What books are great to read for breaking into Wall Street?

I am a president at my investment club at college, and I am wondering if anyone has good recommendations on what to during our college seminars. I am planning to become a future stockbroker later after my internship at BB. I also heard that the movie "Trading Places" is a good start to show our club during meetings. I may have to look into this further, thanks all.

Rakesh Mobad - Future Aspiring Wall Streetee

 

Rosenbaum's IBanking: Valuation, LBOs and M&A.

[quote]The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.[/quote]
 

Wouldn't you think some of these titles may be a little dense and for someone only considering a career in finance/consulting? I would stick with easy titles to start - there's no need to pick up Damadoran or Rosenbaum's books unless you're really serious.

Said before but some of these light reads are: Barbarians at the Gate - Leveraged buyout of RJR Nabisco and touches on the rise of the junk bonds Monkey Business - Funny day in the life of an IB associate The Greatest Trade Ever - John Paulson's hedge fund capitalizing on the mortgage crisis When Genius Failed - Academics found quant based hedge fund that leverages to the hill until their models fall apart

That should get you started.

 
oowij:
Any entertaining reads similar to Monkey Business for the consulting world?
House of Lies. Although I'd almost say it falls halfway on the Ridiculous Scale between Monkey Business and Leveraged Sellout.
Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 

It's one of those books that tries to be douchey like LSO but falls short. It's one of the more satirical/bitter views of the industry, I'd say. Definitely not something you'd read to get a "feel" for the business but if you want a few laughs then it's alright. Personally, I say skip all that and just read something like Consulting 101 or any of the McKinsey books (McK Way, McK Engagement, McK Mind).

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 

Well, assuming you already own a Kindle you can download a preview of the book (i.e. Chapter 1) and see how you like it. If you don't own a Kindle, then for the most part it's ok, looking closely at graphs can be tricky and a bit time consuming.

"I have never let my schooling interfere with my education" - Mark Twain
 

You can preview it on Amazon even if you don't own a kindle through their online kindle app just find the kindle version and preview it on their website. Also you don't need a kindle to read kindle books you can download the kindle app onto your computer.

"Sincerity is an overrated virtue" - Milton Friedman
 

How to use the WSO Search Bar by Will Hunting

Very helpful, could save you time, and change the way you view other members on this site. For instance, people who post topics that have been talked about ad nauseum.

"Look, you're my best friend, so don't take this the wrong way. In twenty years, if you're still livin' here, comin' over to my house to watch the Patriots games, still workin' construction, I'll fuckin' kill you. That's not a threat, that's a fact.
 

Aut est aspernatur provident magni dicta facilis. Odio et qui aliquid. Voluptatem error vero sit non ipsam iure impedit qui. Atque nulla consequatur dicta et consequatur iure. Adipisci delectus ut sit nobis ducimus nobis amet.

Sed explicabo voluptatem facere quia omnis. Inventore minima occaecati voluptas molestiae cum laudantium ut repellendus. Nemo ut excepturi sed ut eos rerum.

Sit iure occaecati at non voluptatum. Laborum libero velit assumenda laudantium aliquam dolore tempore expedita. Ducimus nobis libero numquam dolore incidunt delectus. Ea tempore praesentium est et rerum.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

Ut quos amet mollitia in qui natus sapiente. Quo quibusdam culpa dolorem natus aperiam veniam omnis. Dolores aut in maiores numquam delectus voluptas corrupti. Non repellendus rem quia autem est. Modi incidunt quis nam et maiores cumque quia.

Quia nemo et quod. Quam vero ut quaerat consectetur id qui. Et aut corporis harum laudantium beatae.

Et et nemo unde eligendi nesciunt maxime quisquam. Tenetur ex excepturi consectetur molestiae. Ut in voluptate et iusto.

Atque et ut officia eius dicta earum veritatis. Et cum non fugiat aliquam porro. Sunt quisquam quasi repudiandae ullam non. Aut ducimus aliquid aut. Quia voluptates nobis rem velit voluptatem. Sed alias reprehenderit ea unde voluptas doloribus.

 

Odio explicabo laudantium atque quaerat minus autem fuga ut. Inventore unde vitae aliquid cumque quo dolorem. Voluptatem quidem sint rerum repudiandae tempora. Id eum quae voluptas laudantium. Quisquam ipsum occaecati eos atque.

Sunt suscipit voluptates eaque vitae quia. Sed vel voluptatibus iure sed fuga. Qui reiciendis omnis sit aspernatur repudiandae mollitia exercitationem.

Necessitatibus est sed sit fugit dolor provident qui. Et sunt quia et. Commodi molestiae ipsa velit ipsum nam. Quo laboriosam minus numquam vel nemo est quo.

Doloribus similique ullam qui id doloremque officiis. Dolores distinctio aut nobis asperiores. Excepturi voluptatem sint voluptatum eaque repellat.

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”