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 Interviews
    • 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 new Free Modeling Tutorials ($200+ Value).

Wall Street Oasis » Forums » Business School Barrage
< previous | next >

Is attending a top US B school worth it for an international ?
 

valleybandar's picture
valleybandar
      O
 
(Senior Monkey, 76
 
Points)
 on 12/20/11 at 5:02am
Raj and Rajat

Hey,

I'm a long time reader of this forum and wanted an opinion on something that I know a lot of international students think about:

Is it still worth attending a top US business school as an international ?

My thoughts:

-- Most internationals want to work for a few years in the US, gain some experience, clear their debt and go back to their home country (or at least most that I've spoken to).
-- An MBA was great while finance and consulting were doing well but they're not now and things don't look like they're getting better.
-- Details: Lets limit the discussion to the M7 schools and assume it costs $150k total for the degree. If you don't get a job in the US and have to move back east (China, India, Singapore etc. etc.) even with all the hype, salaries are still a fraction of the US ($50k approx for India from what my friend got) and you could spend years repaying your loan. Isn't it better to just attend a school in your home country (ISB, HKUST, NUS, insert you're favorite Asian B school here, all of which cost WAAAY less than an American degree) and invest the rest ?
-- B schools make a lot of noise about brand, alumni etc. but in Asia unless you're from H/S/W you won't get much of a premium for your degree (in short, recruiters prefer a top grad from a good school locally to someone from Columbia cos they figure they both could do the job and the local guy won't want as much money as the guy from Columbia).
-- As an international, you attend school on a student visa; this results in recruiters favoring local students (can't blame them really) and networking / perseverance pays off less for us since you may be able to impress recruiters but you can't get around immigration so "hustling" doesn't help as much.

What do you guys think, is it still worth it ?

  •  
  •  
Tags:
  • business school admissions
  • Business School Barrage
ERGOHOC's picture

stop asking stupid f**ing

ERGOHOC
      AM
 
(Orangutan, 271
 
Points)
 on 12/20/11 at 7:00am

stop asking stupid f**ing questions

  • -2
  •  
  •  
seedy underbelly's picture

imo, no, 'valleymonkey'. ;)

seedy underbelly
      IB
 
(King Kong, 1,090
 
Points)
 on 12/20/11 at 7:18am

imo, no, 'valleymonkey'. ;)

  • 0
  •  
  •  
valleybandar's picture

ERGOHOC wrote: stop asking

valleybandar
      O
 
(Senior Monkey, 76
 
Points)
 on 12/20/11 at 7:45am
ERGOHOC:

stop asking stupid f**ing questions

cunt

  • -1
  •  
  •  
bortz911's picture

apparently the OP has done

bortz911
      IB
 
(Orangutan, 264
 
Points)
 on 12/20/11 at 7:59am

apparently the OP has done something douchey in the past that i'm missing here, but i think this is an interesting question and brings up some important points. i am surprised at $50k, that is a pittance

  • 0
  •  
  •  
seedy underbelly's picture

bortz911 wrote: apparently

seedy underbelly
      IB
 
(King Kong, 1,090
 
Points)
 on 12/20/11 at 8:07am
bortz911:

apparently the OP has done something douchey in the past that i'm missing here, but i think this is an interesting question and brings up some important points. i am surprised at $50k, that is a pittance

In comparison to other third world incomes, that's quite a lot actually.

  • 0
  •  
  •  
bortz911's picture

seedy underbelly wrote: In

bortz911
      IB
 
(Orangutan, 264
 
Points)
 on 12/20/11 at 8:20am
seedy underbelly:

In comparison to other third world incomes, that's quite a lot actually.

This is what we have to look forward to? Earning 'quite a lot'.... 'in comparison to other THIRD WORLD incomes'??

  • 0
  •  
  •  
UFOinsider's picture

bortz911 wrote: seedy

UFOinsider
      O
 
(Human, 10,349
 
Points)
 on 12/20/11 at 8:52am
bortz911:
seedy underbelly:

In comparison to other third world incomes, that's quite a lot actually.

This is what we have to look forward to? Earning 'quite a lot'.... 'in comparison to other THIRD WORLD incomes'??

lol, that's the US govt's plan for the last generation

just kidding

no....no, I'm not, that's the plan dude

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

  • 0
  •  
  •  
seedy underbelly's picture

^ You two, read OP's post

seedy underbelly
      IB
 
(King Kong, 1,090
 
Points)
 on 12/20/11 at 8:55am

^ You two, read OP's post again:

valleybandar:

If you don't get a job in the US and have to move back east (China, India, Singapore etc. etc.) even with all the hype, salaries are still a fraction of the US ($50k approx for India from what my friend got) and you could spend years repaying your loan.

:)

  • 0
  •  
  •  
UFOinsider's picture

seedy underbelly wrote: ^ You

UFOinsider
      O
 
(Human, 10,349
 
Points)
 on 12/20/11 at 9:14am
seedy underbelly:

^ You two, read OP's post again:

valleybandar:

If you don't get a job in the US and have to move back east (China, India, Singapore etc. etc.) even with all the hype, salaries are still a fraction of the US ($50k approx for India from what my friend got) and you could spend years repaying your loan.

:)

uhhhhhhh, oops?

OP, it's highly unlikely that you go to a top ten school in the US and end up in a call center in India. Take an honest look in the mirror and ask yourself if you're the fobby fucking geek that no one wants to work with and start from there. If you're cool...you're cool, but if you're the math genious with no social skills then brace yourself and prepare to be sent to the salt mines.

Or just make an effort to be personal and professional, and you'll be fine. ALSO: try to marry an American citizen while you're in school and that should solve about 90% of your problems. Just kidding. Sort of.

The bottom line is this: if you realistically fear being unemployed at the end of a top ten program, you might have interpersonal communication issues that need to be worked on. I sincerely doubt that a NYU/Columbia MBA grad will have a hard time breaking $50K in the US upon graduation...if you don't, then YOU are the problem, and you need to figure out how to rectify this. You may not get the $200K job, but if you're unemployed, then you need to get serious about life.

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

  • 1
  •  
  •  
bortz911's picture

he mentioned singapore...

bortz911
      IB
 
(Orangutan, 264
 
Points)
 on 12/20/11 at 9:33am

he mentioned singapore... seriously, $50k USD in singapore? singapore is NOT like bangladesh ... if anything it's more like tokyo

  • 0
  •  
  •  
valleybandar's picture

"I sincerely doubt that a

valleybandar
      O
 
(Senior Monkey, 76
 
Points)
 on 12/20/11 at 9:53am

"I sincerely doubt that a NYU/Columbia MBA grad will have a hard time breaking $50K in the US upon graduation...if you don't, then YOU are the problem, and you need to figure out how to rectify this. You may not get the $200K job, but if you're unemployed, then you need to get serious about life."

-- did you read the original post ? my question applies to students who've not got jobs and are moving back to their home country NOT to those students who've secured employment in the US (who are paid as much as US citizens generally).

-- as far as your theory about "interpersonal skills" go, I have news for you - if company XYZ says they're not going to employ internationals (and plenty have in the recent past), it doesn't matter how eloquently you talk, whether you look "fobby" or are a math nerd, you're not getting a job, capiche ? I don't work for a wall street firm, I'm guessing a majority of the people on this forum do, the goal of this post was to figure out what the environment is for foreign students i.e. are companies still receptive to hiring them.

  • 0
  •  
  •  
Relinquis's picture

It depends on your country

Relinquis
      RE
 
 
(Neanderthal, 2,186
 
Points)
 on 12/20/11 at 9:54am

It depends on your country (or countries you can work in) and the school you get in to.

If you are able to work in Singapore, Hong Kong, the wealthier countries in the Middle East, or are open and able to move to a developed country then the cost of a top 5 programme shouldn't be that big an issue long-term.

However, if your only options are your home country and the "average" wages are low there, then make sure you know what the salaries are for your target jobs there before you make your decision (e.g. consultant, Investment Banker, junior management roles, etc...).

Also, don't forget about scholarships. If you can get a big enough part of your education covered, then it makes sense to get a brand name MBA.

Other options. An executive MBA programme, like Columbia/LBS or INSEAD provide might be an alternative if you are working as you won't incur the opportunity costs.

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

  • 0
  •  
  •  
valleybandar's picture

bortz911 wrote: he mentioned

valleybandar
      O
 
(Senior Monkey, 76
 
Points)
 on 12/20/11 at 9:56am
bortz911:

he mentioned singapore... seriously, $50k USD in singapore? singapore is NOT like bangladesh ... if anything it's more like tokyo

-- don't have exact figures for Singapore but I've heard it's around $70k-$80k, the $50k number was for Mumbai, India.

  • 0
  •  
  •  
porsche959's picture

you tryna take our jabs?

porsche959
     
 
(Senior Orangutan, 488
 
Points)
 on 12/20/11 at 9:56am

you tryna take our jabs?

  • 1
  •  
  •  
gamenumbers's picture

Very few MBAs 'want' to go

gamenumbers
      IB
 
 
(Gorilla, 679
 
Points)
 on 12/20/11 at 10:04am

Very few MBAs 'want' to go back home and work. IMO the vast majority want to work and stay in the US. Returning home is something they would maybe think about doing 5 years down the road, at the earliest.

The numbers don't really 'work' if you finance your MBA with debt and return to India.

International students face more challenging recruiting for US jobs, as there can be language and cultural issues.

If you want to work in Singapore, why not just save the $$ and go to a school you claim is a standout in that region. Who knows if you would even be accepted at a top US b-school? You don't have good odds at gaining admission.

  • 0
  •  
  •  
UFOinsider's picture

valleybandar wrote: "I

UFOinsider
      O
 
(Human, 10,349
 
Points)
 on 12/20/11 at 10:07am
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

YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...

  • 0
  •  
  •  
Unforseen's picture

I want to get my MBA in the

Unforseen
     
 
 
(King Kong, 1,109
 
Points)
 on 12/20/11 at 10:20am

Check out my Blog

  • 0
  •  
  •  
go.with.the.flow's picture

OP, it's highly unlikely that

go.with.the.flow
      EN
 
(King Kong, 1,109
 
Points)
 on 12/20/11 at 10:43am

|| But feeling good and enjoying life are prerequisites to success, not by products of it- Midas Mulligan Magoo ||

  • -1
  •  
  •  
Brady4MVP's picture

Yeah, the above poster is

Brady4MVP
      HF
 
(Neanderthal, 3,161
 
Points)
 on 12/20/11 at 10:57am
  • 0
  •  
  •  
Relinquis's picture

Let's clear up a few

Relinquis
      RE
 
 
(Neanderthal, 2,186
 
Points)
 on 12/20/11 at 11:29am

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

  • 1
  •  
  •  
gamenumbers's picture

At my MBA something like

gamenumbers
      IB
 
 
(Gorilla, 679
 
Points)
 on 12/20/11 at 12:46pm
  • 1
  •  
  •  
leveredarb's picture

interested in this as well,

leveredarb
     
 
(King Kong, 1,237
 
Points)
 on 12/21/11 at 6:23pm
  • 0
  •  
  •  
pptbeeyaach's picture

I just don't get why people

pptbeeyaach
     
 
(Chimp, 14
 
Points)
 on 12/27/11 at 1:46am
  • 2
  •  
  •  
valleybandar's picture

pptbeeyaach wrote: I just

valleybandar
      O
 
(Senior Monkey, 76
 
Points)
 on 12/27/11 at 3:06am
  • 0
  •  
  •  

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
  • I'm a rising junior interested in going into banking. I need some help editing my resume. Tell me what you think. Thank you for your...
    Resume help
  • Hi everyone, I have a degree in Biology (Tier 1 if that even matters) and have worked in basic science, biomedical device/pharma and clinical research for the past three or so years with multiple publications. I hate it. Thus, I have also taken micro/macroecon courses, as well as a few post-bacc...
    Life science consulting
  • I just don't get the hate towards hedge funds and successful investors in general. I get that some people (i.e. Rajartnam) cheat the system and should be prosecuted but lots of it seems overblown. For example, people compare Stevie Cohen to Madoff yet Cohen's been watched like a hawk by...
    Why does everyone hate hedge funds?
  • I'm thinking about doing an Internship from mid-January to late February (2014) in Brazil, possibly in IB or S&T. Does anyone have any tips on Brazilian internships? I have some experience in S&T (at a BB) and I already have a summer position in S&T for 2014 at the same BB....
    Internship in Brazil - Any advice?
  • In Joshua Rosenbaum's Investment Banking, free cash flow is calculated as: EBIT(1-t) + D&A - Capex - Increase/(Decrease) in NWC. Most sources present the formula for free cash flow this way, without any mention of stock based compensation. However, in the Breaking into Wall Street modules,...
    Stock-based compensation and free cash flow
  • Is there a better or quicker way to stimulate direct foreign investment into U.S. companies? Shuld the holding period be reduced to 180 or even 90 days? Any down side? Should there be a minimum of a $5 million block of shares? What do you...
    What's YOUR Opinion Of Regulation S?
  • Being a trader (specifically an equities trader with a proprietary firm, yes still currently employed by the trading firm I am with.) for the past seven years I am tempted to make a leap into being an er analyst. Trading has fizzled out and at this point in my life it's not worth the risk as I...
    Making the leap to ER Analyst, thoughts?
  • I'm a rising sophomore looking to revise and update my resume for this coming fall and spring. Now that I'm no longer a freshman I'll ge betting rid of all of my high school stuff, except maybe one internship that I wasn't sure about. I was 17 and still a HS student when I...
    High School Stuff on Your Resume?
  • Hey...
    Debate of the Legends: "Anatomy of a Corporate Takeover"
  • Been a trader for 7 years in prop, the game is pretty much over. Commissions have went up, fees are up, strategies are dying out. Where can one go that will provide a base+commission on the institutional side in trading (futures, fixed income, etc)?...
    Where to go after prop trading
  • F'd up in highschool, humble beginnings all that crap, didnt go to a university though I went to a school (BCIT) that is known for a rigorous curriculum with 8 classes per semester. No classes transfer over because universities where I am located take the classes I took as "not academic...
    Guidance, please for the love of......
  • ...
    -
  • I am starting a undergrad internship with BNY Mellon Asset Servicing. I am guessing I will be doing valuations on company performance, stocks, mutual funds, processing transactions in excel. Since this is my first IB job what do I actually do, and how many hours will I...
    What does a Asset Servicing Intern do and what are the hours?
  • This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
    Why You DON'T Leave Banking for B School Just to Come Right Back...
more

Upcoming Events

  • New York School of Finance: Summer Session 2013
    Jun 3 2013 - 9:00am - 11:00am
  • Financial and Valuation Modeling Seminar (Washington DC)
    Jun 6 2013 - 9:00am - Jun 8 2013 - 5:30pm
  • WSO NYC Happy Hour: Fri. 6/7, 7pm
    Jun 7 2013 - 7:00pm - Jun 8 2013 - 2:00am
  • Advanced Excel for Finance Professionals Webcast
    Jun 11 2013 - 6:00pm - 9:00pm
  • Financial & Valuation Modeling for the Oil & Gas Industry (New York)
    Jun 13 2013 - 8:00am - Jun 15 2013 - 5:00pm
more

Highest Ranked Content

  • Week
  • Month
  • Year
  • All Time
  • Comments
I was writing an email to a fellow monkey who is about to start as a banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the Moelis/Houlihan/Evercore type firms (I call them the firms where most people will...
15 things I wish I knew as a first year banking analyst
This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
Why You DON'T Leave Banking for B School Just to Come Right Back...
I get a ton of emails and answer a ton of posts asking similar questions so I thought I would answer the most common ones I get here and allow others to post their questions so everyone can see them and the subsequent answers. Hope this helps. <strong>Summer Analyst...
MSF Question and Answer
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
I work as a currency volatility trader and manage one of the bigger G10 blocs in London. I've been lucky enough to get responsibility early in my career. I started off managing a single currency book a few months into the job, and have steadily been granted more responsibility to where I am...
Ask Me Anything: I'm a Currency Volatility Trader
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
<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
My Biggest Career Mistake to Date: Prestige
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
A Perfect Storm
I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target...
I'm a Hedge Fund Analyst - Ask Me Anything
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)
more

Recent Jobs

  • Family Office looking for Summer Intern (with option to continue part-time in fall semester)
  • Portfolio Manager - Immediate Mandate
  • Quantitative Portfolio Manager-Immediate Mandate
  • Immediate Hire - Quant Trader
  • WSO Test Job - Do not apply
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 Braverman1125
TNA1106
CompBanker873
happypantsmcgee742
IlliniProgrammer726
UFOinsider635
TheKing622
BlackHat566
rufiolove425
Nouveau Richie420
more

Top WSO Members

  • Total Bananas
  • Active Monkeys
UserBanana Points
Edmundo Braverman14409
TNA13543
WallStreetOasis.com12074
UFOinsider10349
happypantsmcgee9621
IlliniProgrammer9244
CompBanker8508
Siberian Husky5862
AndyLouis5831
monty095405
more

New Groups

  • McCombs Monkeys (University of Texas at Austin)
  • 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
more

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

As Seen In

Sister Site

Syndicate content