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

I just went 3 days without sleep to see what i-banking felt like...honestly I don't believe ANY of you! (My hourly breakdown)
 

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yeeeeeeehawwww's picture
yeeeeeeehawwww
      IB
 
(Monkey, 31
 
Points)
 on 1/4/10 at 8:45am
monkeysleep.jpg

No, this is not a joke. So we've all heard from multiple sources that the typical first-year analyst's day goes from 6AM through 3AM, leaving about 3 hours of sleep in-between. Many of you still even had chances to work out.

So I tried to emulate the exact mental and physical strain to see what it felt like (and if I could take it). Don't worry -- this is my winter break.

Background: I'm 21 YRO, around the age of most first-year analysts. I'm a pretty healthy guy.

I started 3 days ago:

Saturday 6AM - Wake up

Saturday 11PM - Not tired at all yet. Dig up next semester's "Intro to Stochastic Models" textbook and start cramming the first 3 chapters.

Saturday 3AM - Starting to feel drowsy, not to mention incredibly BORED and exhausted from doing textbook review questions non-stop for 4 hours. I grab some redbull, took a shower.

Saturday 7AM - First 24 hours awake. In order to emulate the physical strain as well, I grab my coat and walked (not drive) 20 minutes to McDonalds for breakfast then walked 20 minutes back.

Saturday 12PM - Ate lunch. That did it. The extra load of food must've knocked me out because I don't even remember falling asleep.

Saturday 3PM - Woke up (my stereo was still blasting). Got 3 hours of sleep. Back to "work."

Saturday 11PM - Had some drinks with friends. (to emulate drinking and partying on no-sleep)

Sunday 2AM - left the bar early. I was about to pass out, not from alcohol, but I was so godammn tired!!

- Went home. Set alarm for 5AM. Passed out asleep -

Sunday 5AM - Took cold shower. Took out stochastic models textbook again.

Sunday 10PM - Sat at desk all day and I've worked through 50% of the book by now. (completely new material). ENORMOUS headache. Drank 2 cans of Rockstar energy. By now it took me 10 minutes just to read a new paragraph. My eyes could barely open and I couldn't even multiply 346x17 by hand without getting it wrong! I could barely comprehend what I was reading, even after switching over to my USA Today paper.

Monday 2AM - My entire body is now FREEZING despite my thermostat set at 82F. I'm getting bad chest pains. My left hand felt numb. I set my alarm for 6AM and passed out.

Monday 6AM - Took me 40 minutes of hitting snooze to finally get up. I have a MASSIVE HEADACHE the size of texas, mild chest pains, and am about to throw up. I took a shower, ate breakfast, and came onto WSO to let you guys know that this is IMPOSSIBLE!

By the time I hit 36 hours of no sleep, either I passed out without me knowing it, or my comprehension and mental abilities shrunk to the size of an acorn. There is no way in hell a first-year analyst won't be making 100000000 errors on his excel spreadsheets at this comprehension level. Also, I'm sure I'm not the only one who gets bad chest pains doing this. I'm a really healthy/athletic guy too.

Also, wasn't there some research done a while back that continuous sleep-loss can lead to sudden death? I don't see any analysts collapsing.

So in conclusion, I DO NOT believe that the typical analyst works from 6AM to 3AM day after day, and STILL have time and energy to hit the gym and go clubbing. It's biologically INFEASIBLE unless you want an irregular heartbeat somewhere along the way.

Prove me wrong, please. ps: I just got notes for half the textbook already for NEXT SEMESTER. So some good came out of this :D

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Tags:
  • sleep deprivation
  • I-banking
  • I-Banking Bullpen
jackofalltrades's picture

it's easier if you're getting

jackofalltrades
      IB
 
 
(Senior Gorilla, 761
 
Points)
 on 1/4/10 at 9:45am

it's easier if you're getting paid an exorbitant sum of money

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MoneyKingdom's picture

First of all, thanks for

MoneyKingdom
      IB
 
(Gorilla, 626
 
Points)
 on 1/4/10 at 9:47am

First of all, thanks for sharing your rather mundane story. Second, most analysts do not work 6AM-3AM , those hours are exceptions, not the rule. Generally speaking, its about 9AM-2AM..on average. "biologically infeasible"? Its definetely feasible, strongly unrecommended, however. Yes IB sucks, and that's why no one does it for over 5 years.

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dayaaam's picture

no.. a typical analyst does

dayaaam
     
 
(Senior Baboon, 222
 
Points)
 on 1/4/10 at 9:47am

no.. a typical analyst does not work those hours everday, if he or she did for two years, they would die

there are certainly weeks/months like that, but the lighter days help you catch up on sleep and whatnot. I don't know if your test is a joke but its its pretty funny, considering it only emulates being tired and crushing red bulls. If you want it to be more realistic...I guess.. stare at a computer screen for long periods of time, constantly type on your keyboard, induce a sense of pressure or stress, have a few buddies to burn the midnight oil with.

there are some analysts on the street in certain groups who get absolutely crushed and work absurd amounts. but for the most part, a typical analyst does not work 6AM - 3AM everyday. Even if they work till 3am often, they will get in at 9:30 to 10:00, leaving them with 5-6 hours of sleep, which is manageable.

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yeeeeeeehawwww's picture

"Even if they work till 3am

yeeeeeeehawwww
      IB
 
(Monkey, 31
 
Points)
 on 1/4/10 at 9:54am

"Even if they work till 3am often, they will get in at 9:30 to 10:00, leaving them with 5-6 hours of sleep, which is manageable."

Analysts can come in at 9AM?? Wow that's a first. I guess there's a lot to clear up here because up till now, everything I've read, including the "Day in a life of a Banker" Vault Guides, has analysts waking up at 6AM and getting to work at 7.

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Marcus_Halberstram's picture

#1- You need to go make some

Marcus_Halberstram
      PE
 
 
(Neanderthal, 3,435
 
Points)
 on 1/4/10 at 9:56am

#1- You need to go make some friends
#2- 36 hours without sleep is not as brutal as you describe, you're obviously a huge poontang

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yeeeeeeehawwww's picture

If i-banking hours are more

yeeeeeeehawwww
      IB
 
(Monkey, 31
 
Points)
 on 1/4/10 at 10:10am

If i-banking hours are more lax than I've heard, than why does everyone make a big deal about it? 9AM to 3AM isn't much different from the lawyer who works 9AM to 7PM, then continues working at his home office till 3AM or the surgeon who gets called in at 10PM to perform a 4 hour surgery...

I have family members who are IT Consultants and, even though they get home at 7PM, they rarely talk to their family because they have to continue working late into the night...my uncle works for a top software company making $170k/yr as a developer and has a quick dinner with his family at 8PM, before working at home till 3AM.

Anyone who makes more than 90k usually has lots of work to do, even if they come home earlier, so then what's the big fuss about i-banking hours? Shit happens in IT as well...uncle used to tell me his company would have database crashes at 4AM and they'd have to ring his blackberry.

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yuntsucks's picture

get a life!

yuntsucks
      IB
 
(Senior Baboon, 189
 
Points)
 on 1/4/10 at 10:25am

get a life!

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TNA's picture

Wait, so you only went 36

TNA
      O
 
 
(Human, 13,506
 
Points)
 on 1/4/10 at 10:26am

Wait, so you only went 36 hours with no sleep (not really since you took naps and all kinds of stuff)? I regularly do 24 hours without sleep and I am old (27). I think it is something you acquire over time. Suck it up, don't gorge or food and sleep on your lunch break if you need to. I honestly think if you had to do a week of insane hours you would be sleeping during lunch and not going out at all. Interesting little experiment you did though.

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GoodBread's picture

I think you got your 7AM idea

GoodBread
      AM
 
 
(Neanderthal, 3,602
 
Points)
 on 1/4/10 at 10:46am

I think you got your 7AM idea from reading S&T stuff. You can't mix and match job descriptions to create the worst typical day ever.

Comparing IT and Ibanking is ridiculous. Not because of relative 'prestige' or anything like that, but because working from home on an IT project is very different from spreading comps at 2am in an office. Furthermore, nobody at an established IT company is forced to work 90 hour weeks. Sure, there can be a crazy week on occasion, but those hours are the norm at some IBs and PE shops.

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stk123's picture

IBD doesn't come in until 9

stk123
      ER
 
 
(Senior Orangutan, 448
 
Points)
 on 1/4/10 at 11:14am

IBD doesn't come in until 9 am +/- 1 hour, it is S&T and ER that comes in at 6am, 7am.

36 hours without sleep is no problem at all. I couple of weeks ago, I woke up to work at 6am got home packed my suitcase and watched TV all night, because I had a 10 hour plane flight the next day and wanted to sleep on the flight. Got on the plane at 9 am, waited for over two hours before it took ate some breakfast, then watched a movie before I finally popped a double dose of OTC sleeping pills, which work pretty good, before going to sleep. That is about 30 hours, while a girl next to me used the same strategy, but she passed out the moment she got into her seat.

I once went 50 hours without sleep while camping under tents: I woke up one day, started drinking in the evening and continued into the night. Got drunk, sobered up in the morning, got drunk again in the afternoon, sobered up in the evening, and then got drunk again at night before finally going to sleep sometime before noon two days later.

It is easy to handle a few days without sleep or even a week with minimal sleep. But I could not work from 6am to 3am for an extended period of time (more than 7-10 days). I would simply quit the job if it required me to work 21 hours a day or 147 hours a week (out of 168 hours total).

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PocketHandkerchief's picture

Do you not study for finals?

PocketHandkerchief
      ST
 
(Baboon, 120
 
Points)
 on 1/4/10 at 11:20am

Do you not study for finals?

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TNA's picture

That was what I was thinking

TNA
      O
 
 
(Human, 13,506
 
Points)
 on 1/4/10 at 11:32am

That was what I was thinking when I saw this post. I think I pulled at least a dozen all night sessions this last semester.

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iBuy's picture

Let me tell you a story

iBuy
      VC
 
(Monkey, 39
 
Points)
 on 1/4/10 at 11:49am

Let me tell you a story ....

21st birthday (on the Saturday).
- Woke up Friday 7am. Was during an internship, so arrived at work at 8.30am.
- Worked until 6pm.
- Got home (from client site) at 9pm.
- Went to a house party, got there at 11pm.
- Up all night, drinking and fooling around with this one girl
- Went back to her place at 4am
- Stayed up all night.
- Went home at 10am
- Straight into birthday celebrations with the family and close friends.
- Finished at 6pm
- Went out for pre-evening drinks.
- Got to the club at 11pm
- Left at 4am
- Went back to another girls' place
- Stayed up all night
- Got home at 11am
- Went to see my girlfriend (I was a cheating ass ... sue me, I was 21)
- Had lunch with her and spent the afternoon early/evening
- Got home at 7pm
- Back on the train (back to client site) had to do some work for the Monday morning.
- Got back to the hotel at 11pm
- Finally slept at 1am on the Monday

I was awake for 66 straight hours. I'm not gonna lie, towards the end, I was hearing stuff and felt like I was starting to lose my mind. I wouldn't ever do it again (I came close in Rio over Carnaval - 50 straight hours of partying), but I'm glad I did it.
36 hours is nothing to brag about.

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yeeeeeeehawwww's picture

Let me clarify: In my post,

yeeeeeeehawwww
      IB
 
(Monkey, 31
 
Points)
 on 1/4/10 at 11:50am

Let me clarify: In my post, I did ultimately mean that it would be impossible to pull off for more than 2-3 days a week, 4 weeks a month. Once or twice is fine...but more than that, which was what I and many of my friends had believed what i-bankers went through, would be really tough to do which was what boggled me.

As for finals...I've studied till 5AM writing papers and cramming for a final or midterm that was at 9AM more than a few times a semester. I've gone 24 hours no sleep several times a month in college. But the difference was that right after that exam, I'd run back to my dorm and sleep for the next 10 hours and wake up at like 8PM.

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yeeeeeeehawwww's picture

IConsult: IT's much easier

yeeeeeeehawwww
      IB
 
(Monkey, 31
 
Points)
 on 1/4/10 at 11:53am

IConsult: IT's much easier to do when the activity you're doing is actually INTERESTING. Back in freshman/sophomore year, my frat would party frequently on thurs/fri/sat nights till 5AM and around 7AM I'd be still completely ECSTATIC and not tired at all. The combination of fun, dancing, jumping around, liquor and energy drinks makes it much easier to stay up. Comparing that to 2 hours of calculus 3 and I'm dozing off in no-time.

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Ortsman1's picture

Ha. I love how you throw in

Ortsman1
      ST
 
(Senior Monkey, 87
 
Points)
 on 1/4/10 at 12:27pm
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yeeeeeeehawwww's picture

Ortsman1: how exactly does

yeeeeeeehawwww
      IB
 
(Monkey, 31
 
Points)
 on 1/4/10 at 12:37pm
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Bury_Bonds's picture

If you are the analyst

Bury_Bonds
      HF
 
 
(Senior Monkey, 75
 
Points)
 on 1/4/10 at 12:43pm
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dweezy's picture

For the OP, You can't

dweezy
      IB
 
(Senior Baboon, 209
 
Points)
 on 1/4/10 at 12:46pm
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Ortsman1's picture

Becasue only a sad individual

Ortsman1
      ST
 
(Senior Monkey, 87
 
Points)
 on 1/4/10 at 12:47pm
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yeeeeeeehawwww's picture

Ortsman1: I'm in the process

yeeeeeeehawwww
      IB
 
(Monkey, 31
 
Points)
 on 1/4/10 at 12:59pm
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Ortsman1's picture

Good luck with your choice

Ortsman1
      ST
 
(Senior Monkey, 87
 
Points)
 on 1/4/10 at 1:00pm
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boutiquebank4life's picture

I'm sorry but this is the

boutiquebank4life
      IB
 
(Senior Gorilla, 930
 
Points)
 on 1/4/10 at 2:54pm
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El_Terrible's picture

^Agree with this guy.

El_Terrible
      CF
 
(Senior Orangutan, 429
 
Points)
 on 1/4/10 at 5:10pm

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PiperJaffrayChiang's picture

you are my hero also PLEASE

PiperJaffrayChiang
      IB
 
(Senior Gorilla, 765
 
Points)
 on 1/4/10 at 5:32pm

=========================================
We are excited to formally extend to you an offer to join Bank of Ameria

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Mayor Quimby's picture

yeeeeeeehawwww wrote: So in

Mayor Quimby
      HF
 
(Senior Monkey, 85
 
Points)
 on 1/4/10 at 5:26pm
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eiffeltowered's picture

IConsult...how much cocaine

eiffeltowered
      IB
 
 
(Senior Orangutan, 410
 
Points)
 on 1/4/10 at 5:53pm

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zykke's picture

You're all being really hard

zykke
      ST
 
(Monkey, 55
 
Points)
 on 1/4/10 at 6:42pm
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TheBuySideGirl's picture

IBD comes to work around 9:30

TheBuySideGirl
      HF
 
(Baboon, 172
 
Points)
 on 1/4/10 at 7:42pm
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Mayor Quimby's picture

CoreDuo wrote: This would

Mayor Quimby
      HF
 
(Senior Monkey, 85
 
Points)
 on 1/4/10 at 7:45pm
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CompBanker's picture

Over the course of my two

CompBanker
      PE
 
 
(Almost Human, 8,506
 
Points)
 on 1/4/10 at 8:12pm

CompBanker

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CrimsonBlaze88's picture

Compbanker, Thank you for a

CrimsonBlaze88
      O
 
(Senior Baboon, 178
 
Points)
 on 1/4/10 at 8:28pm
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iBuy's picture

yeeeeeeehawwww

iBuy
      VC
 
(Monkey, 39
 
Points)
 on 1/4/10 at 8:31pm
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monkeyface's picture

IConsult wrote: Let me tell

monkeyface
      ST
 
(Baboon, 173
 
Points)
 on 1/4/10 at 8:53pm
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amande96's picture

monkeyface wrote: IConsult

amande96
      O
 
(Baboon, 171
 
Points)
 on 1/4/10 at 10:45pm
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moneyneversleeps2's picture

Keep in mind that a good 50%

moneyneversleeps2
      IB
 
 
(Orangutan, 256
 
Points)
 on 1/5/10 at 12:49am
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MrDouche's picture

Humorous post. Ignore most of

MrDouche
      EN
 
(Baboon, 117
 
Points)
 on 1/6/10 at 12:25am

I rich, smarts, and totally in debt.

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Mayor Quimby's picture

MrDouche wrote: FYI: In IB

Mayor Quimby
      HF
 
(Senior Monkey, 85
 
Points)
 on 1/6/10 at 12:35am
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Audiouz's picture

You should read "Work smart

Audiouz
      IB
 
(Chimp, 4
 
Points)
 on 1/6/10 at 11:30am
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TheManWithThePlan's picture

Real banker works ass off for

TheManWithThePlan
      IB
 
(Senior Monkey, 99
 
Points)
 on 1/6/10 at 12:17pm

#################################################
I am the Man. I Have the Plan. Follow Me to the Promised Land.

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Bigmonkeyballs's picture

What a humurous post. Thanks

Bigmonkeyballs
      ST
 
(Senior Chimp, 24
 
Points)
 on 1/7/10 at 2:29pm
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1styearBanker's picture

MrDouche: you are retarded,

1styearBanker
      IB
 
(Senior Orangutan, 417
 
Points)
 on 1/7/10 at 3:26pm
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MrDouche's picture

1styearBanker: What are you

MrDouche
      EN
 
(Baboon, 117
 
Points)
 on 1/7/10 at 10:17pm

I rich, smarts, and totally in debt.

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Marcus_Halberstram's picture

MrDouche

Marcus_Halberstram
      PE
 
 
(Neanderthal, 3,435
 
Points)
 on 1/7/10 at 11:01pm

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l2010's picture

LOL

l2010
      O
 
(Senior Orangutan, 440
 
Points)
 on 1/8/10 at 12:33am
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Javi2's picture

Thank you OP for the laugh.

Javi2
      O
 
(Chimp, 11
 
Points)
 on 1/12/10 at 12:40pm
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randombetch's picture

HAHAHA I loved this thread.

randombetch
     
 
(Orangutan, 300
 
Points)
 on 12/12/10 at 7:25pm
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IamObama's picture

Too much shit being thrown

IamObama
      ER
 
 
(Gorilla, 621
 
Points)
 on 12/12/10 at 7:54pm
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Jerrey's picture

I managed 4 weaks non-stop

Jerrey
      IB
 
(Senior Baboon, 207
 
Points)
 on 12/12/10 at 8:19pm

"Make 'Nanas, not war! "

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Aggravate's picture

One thing to keep in mind is

Aggravate
      O
 
(Senior Baboon, 227
 
Points)
 on 1/6/11 at 11:35am
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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.

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Upcoming Events

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    May 21 2013 - 6:00pm - 9:00pm
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    May 22 2013 - 6:00pm - 8:00pm
  • Financial and Valuation Modeling Boot Camp (Dallas)
    May 23 2013 - 8:00am - May 25 2013 - 5:00pm
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